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Purepoint Uranium Provides an Update on Its Saskatchewan Exploration Portfolio

V.PTU

Toronto, Ontario--(Newsfile Corp. - June 27, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today published its 2023 Portfolio Handbook providing a comprehensive review of each of its 10 exploration projects in Northern Saskatchewan, Canada.

In addition to providing an overview of Saskatchewan's uranium industry, the Handbook provides a detailed description of each of the projects, historic work performed to date, priority targets and next steps.

"Although our regular disclosures provide details of specific aspects of our projects as we advance them, we felt that it is important to provide additional context through a more complete picture of each project from our vantage point." said Scott Frostad, Purepoint's VP of Exploration. "We hope that investors will find this a useful supplement to our regular press releases and presentations."

The 2023 Portfolio Handbook can be found on the Company's website at https://purepoint.ca/investor/portfolio-handbook/.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) actively operates a uranium exploration pipeline of nine 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 seven 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.

Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this release.

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 the 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/171411

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