Purepoint Uranium Receives DTC Eligibility

Purepoint Uranium Receives DTC Eligibility

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today that its common shares are now eligible for settlements through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States.

"This eligibility will simplify the electronic settlement for US based investors and enhance the ability of these investors to participate in the Company's progress as uranium prices rapidly move towards incentive levels," said Chris Frostad, Purepoint's President & CEO. "This access helps increase the liquidity of our shares and expand our presence in the US capital markets."

Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". The electronic method of clearing securities through DTC allows for cost-effective clearing and guaranteed settlement, simplifying and accelerating the settlement process for investors and brokers trading the Company's shares.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) actively operates an exploration pipeline of 12 advanced projects in Canada's Athabasca Basin. In addition to its flagship joint venture project at Hook Lake with partners Cameco and Orano and a second joint venture with Cameco at Smart Lake, Purepoint also holds ten, 100% owned projects with proven uranium rich targets. With an aggressive exploration program underway on multiple projects, Purepoint is emerging as the preeminent uranium explorer in the world's richest uranium district.

For more information, please contact:

Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca

For additional information please visit our new website at https://purepoint.ca, our Twitter feed: @PurepointU3O8 or our LinkedIn page @Purepoint-Uranium.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.

Disclosure regarding forward-looking statements

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/116121

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Purepoint Uranium (TSXV:PTU, OTCQB:PTUUF)

Purepoint Uranium


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Purepoint Uranium Identifies New Exploration Targets at Russell South with Recent Airborne Geophysical Results

Purepoint Uranium Identifies New Exploration Targets at Russell South with Recent Airborne Geophysical Results

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to report the identification of eight high-priority exploration targets following the completion of two advanced airborne geophysical surveys at its 100% owned Russell South project, located in the Athabasca Basin, SK, Canada. The new exploration targets have been refined to focus on conductive areas associated with potential hydrothermal alteration and favorable structures, bolstering the project's potential for significant uranium discovery.

Scott Frostad, Vice President of Exploration at Purepoint, noted, "The airborne geophysical results have refined our existing targets and highlighted new prospective areas, thereby enhancing the project's potential for hosting uranium mineralization. Russell South is favourably situated along the Athabasca Basin's southeast edge, and we've scheduled an airborne tri-axial magnetic survey this Spring to better locate primary structures within our priority target areas for drill testing."

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Purepoint Uranium and Cameco Approve 2025 Drill Program for Smart Lake Joint Venture

Purepoint Uranium and Cameco Approve 2025 Drill Program for Smart Lake Joint Venture

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the approval of a $1.2 million drilling program at the Smart Lake Joint Venture (JV) Project, marking a significant return to this highly prospective project within the southwestern Athabasca Basin, Saskatchewan, Canada.

The Smart Lake JV, jointly owned by Cameco Corporation (73%) and Purepoint (27%), exemplifies Purepoint's strategy of advancing high-potential projects through partnerships with industry leaders. As operator of the joint venture, Purepoint continues to provide its proven exploration expertise while leveraging Cameco's technical support and financial resources. Our JV relationships enable efficient and well-supported exploration while preserving Purepoint's strong financial position and offering a clear path to potential development.

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Purepoint Uranium Group Inc. Closes $2,200,000 Private Placement

Purepoint Uranium Group Inc. Closes $2,200,000 Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its previously announced non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 7,333,331 units ("Units") at a price of $0.30 per unit for aggregate gross proceeds of $2,200,000. Each Unit consists of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant. (a "Warrant") Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.40 per share for a period of 36 months from the date of issuance. The closing is subject to final acceptance by the TSX Venture Exchange of the Private Placement.

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Purepoint Uranium Provides Exploration Update on Geophysical Programs at Russell South, Tabbernor, and Smart Lake Projects

Purepoint Uranium Provides Exploration Update on Geophysical Programs at Russell South, Tabbernor, and Smart Lake Projects

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the completion of two geophysical programs at its Russell South project, the commencement of a new geophysical survey at the Tabbernor project, and the rescheduled survey at the Smart Lake joint venture project. Additionally, Purepoint has released an updated Portfolio Handbook, now available on the Company's newly launched website.

"Our team has made significant strides in advancing our exploration efforts at both Russell South and Tabbernor," said Chris Frostad, President and CEO of Purepoint. "We are particularly excited about the upcoming completion of the Smart Lake survey, which will set the stage for our winter drilling program."

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Purepoint Uranium Redefines Turnor Lake Project with Latest Technology and Advanced Data Integration

Purepoint Uranium Redefines Turnor Lake Project with Latest Technology and Advanced Data Integration

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced significant exploration advancements at its Turnor Lake project, located in the prolific Athabasca Basin of Northern Saskatchewan. After nearly 15 years since the last major drilling campaign, Turnor Lake is being revitalized with a completely fresh geological and geophysical outlook, positioning it as a potential host for the next major uranium discovery in Saskatchewan. A drill program is currently underway at Turnor Lake, aiming to explore and define the extent of uranium mineralization.

The Turnor Lake project spans 9,705 hectares across vital structural and conductive corridors, aligning with the region's significant uranium discoveries and historical high-grade deposits. Our exploration revitalization is driven by the application of advanced technology and methodologies while integrating a wealth of historical data with ongoing real-time drilling insights.

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6.21 million tonnes of total mineralisation at average grade of 630 ppm eU3O8 for 8.57 million pounds (Mlbs) of eU3O8 contained metal classified as 2.78Mlbs of Indicated (32%) and 5.79Mlbs of Inferred.

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He also shared his thoughts on how to invest in uranium at this point in the cycle, saying that power-intensive artificial intelligence (AI) data centers are boosting demand for the commodity, which was already strong.

"I've been a uranium bull for a long time — our moment is here. You can't have AI without uranium," said Hodge.

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Issues facing the global uranium supply chain have created a significant opportunity for emerging explorers and producers to leverage the growing demand for nuclear energy and build more secure and stable domestic supply chains.

In an interview with the Investing News Network, Nuclear Fuels (CSE:NF) CEO and President Greg Huffman said his company is strategically positioned to supply growing US uranium demand by advancing its uranium projects in Wyoming.

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Laramide's 2024 Drill Program Continues to Return Strong Results at the Westmoreland Project in Queensland, Australia, including Notable Gold Mineralisation

Highlights:

  • Results continue to demonstrate the potential to link the Huarabagoo and Junnagunna uranium deposits
    • HJ24DD017 – 25.00m @ 393.64 ppm (0.04%) U 3 O 8 from 15.00m ,
      • including 1.00m @ 1,015.29 ppm (0.10%) U 3 O 8 from 28.00m
      • and 1.00m @ 2,128.46 ppm (0.21%) U 3 O 8 from 34.00m
    • HJ24DD019 – 6.00m @ 1,177.43 ppm (0.12%) U 3 O 8 from 87.00m ,
      • including 4.00m @ 1,520.58 ppm (0.15%) U 3 O 8 from 89.00m
  • Uranium mineralisation at Huarabagoo continues to deliver impressive results including:
    • HB24DD010 – 15.60m @ 2,237.03 ppm (0.22%) U 3 O 8 and 0.53 g/t Au from 68.40m ,
      • including 1.00m @ 2,264.06 ppm (0.23%) U 3 O 8 and 0.23 g/t Au from 70.00m
      • and 7.00m @ 4311.16 ppm (0.43%) U 3 O 8 and 0.10 g/t Au from 76.00m
      • with highest intercept result of 1.00m @ 1.42% U 3 O 8 and 0.01 g/t Au from 80.00m
  • Broad zones of gold mineralisation were also intercepted with grades up to 24.2g/t Au
    • HB24DD008 – 19.00m @ 620.58 ppm (0.06%) U 3 O 8 and 1.95 g/t Au from 48.00m ,
      • including 2.00m @ 1,720.45 ppm (0.17%) U 3 O 8 and 1.64 g/t Au from 57.00m
      • and 2.00m @ 2,202.16 ppm (0.22%) U 3 O 8 and 12.39 g/t Au from 64.00m
      • with highest intercept result of 1.00m @ 2,299.44 ppm (0.22%) U 3 O 8 and 24.20g/t Au from 65.00m
    • HB24DD006 – 8.00m @ 1,449.86 ppm (0.14%) U 3 O 8 & 0.22 g/t Au from 36.00m ,
      • including 1.70m @ 6,208.83 ppm (0.62%) U 3 O 8 & 0.78 g/t Au from 37.60m .
  • New Exploration Permit (EPM 28807) granted adjacent to Westmoreland Project adding 327km   2 of highly prospective tenure in NW Queensland

Laramide Resources Ltd. ( "Laramide" or the "Company" ) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF), a uranium mine development and exploration company with globally significant assets in the United States and Australia is pleased to announce another batch of assay results from the 2024 drilling campaign completed at the Westmoreland Uranium Project in Queensland, Australia ( "Westmoreland" ) and the receipt of a permit for exploration for a large land package immediately east of and adjacent to the current Westmoreland land tenure.

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