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Purepoint Uranium Group Inc PTUUD


Primary Symbol: V.PTU

Purepoint Uranium Group Inc. is a resource company engaged in the acquisition, exploration and development of properties for the purpose of producing uranium. Its flagship project is the Hook Lake joint venture with Cameco and Orano, and the Smart Lake joint venture solely with Cameco. Together with its flagship projects, the Company operates nine advanced projects within the Athabasca Basin in Canada. Its projects include Hook Lake Project, Smart Lake Project, Red Willow Project, Turnor Lake Project, Henday Project, Carson Lake Project, Russell South Project, Tabbernor Block, and Tower Project. The Company also holds the VHMS project, which is optioned to and strategically positioned adjacent to and on trend with Foran Corporation's Mcllvena Bay Project. The Hook Lake Project is located approximately 75 km south-southwest of Orano Canada Inc. The Smart Lake property includes two claims with a total area of 9,860 hectares situated in the southwestern portion of the Athabasca Basin.


TSXV:PTU - Post by User

Comment by woolcoon Jan 10, 2024 10:25am
78 Views
Post# 35819211

RE:RE:RE:Re: Share dilution

RE:RE:RE:Re: Share dilutionthose warrants only are worth 600k in total across all board /staff....IF shares hit 11 sents....so really not alot for the entire group to share....not gouging....and keeping compensations down so more can go into the ground and keeping lights on ....until the real deal hits/big day's come.  Should break out this year.

If exercised those 10M shares...are only 1.3% of float..so also not impactful
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