Purepoint Uranium Issues Stock Options
29 April 2020 - 7:00AM
PR Newswire (Canada)
TORONTO, April 28, 2020 /CNW/ - Purepoint Uranium Group
Inc. (the "Company" or "Purepoint") (TSX:PTU.V) today
approved the issuance of a total of 6,650,000 options
to its Board of Directors, management and certain staff
members pursuant to the Company's stock option plan.
The options vest immediately, are exercisable at a price of
$0.07 per common share and expire on
a date that is five years from the date of grant.
About Purepoint
Purepoint Uranium Group Inc. is focused on the precision
exploration of its nine projects in the Canadian Athabasca Basin,
the world's richest uranium region. Established in the Athabasca Basin well before the initial
resurgence in uranium earlier last decade, Purepoint's flagship
project is the Hook Lake Project, a joint venture with two of the
largest uranium producers in the world, Cameco Corporation and
Orano Canada Inc. The Hook Lake JV is on trend with recent
high-grade uranium discoveries including Fission Uranium's Triple R
Deposit, NexGen's Arrow Deposit and Purepoint's Spitfire
discovery.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE Purepoint Uranium Group Inc.
Copyright 2020 Canada NewsWire
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