- Purepoint Uranium Group (PTU) has upsized its non-brokered private placement to $3,750,000
- The company will now issue up to 53,571,429 flow-through units at a price of $0.07 per unit
- Net proceeds will be used for the exploration and advancement of the company’s projects in the Athabasca Basin, Saskatchewan
- Purepoint Uranium Group is a resource company engaged in the exploration and development of uranium-producing properties
- Purepoint Uranium Group Inc. (PTU) opened trading at C$0.065
Purepoint Uranium Group (PTU) has upsized its previously announced non-brokered private placement from $2,000,000 to $3,750,000.
The company will now issue up to 53,571,429 flow-through units at a price of $0.07 per unit. Each FT unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share for $0.105 per share for a period of 24 months.
The company intends to use the net proceeds for the exploration and advancement of the company’s projects in the Athabasca Basin, Saskatchewan.
Purepoint Uranium Group Inc is a resource company engaged in the exploration and development of uranium-producing properties. The company operates an exploration pipeline of 12 advanced projects in Canada’s Athabasca Basin.
Purepoint Uranium Group Inc. (PTU) opened the week trading at C$0.065.