TORONTO, ONTARIO--(Marketwired - April 29, 2014) - CST Trust Company (CST) is pleased to announce that it has been appointed as Transfer Agent and Registrar for Purepoint Uranium Group Inc. (Purepoint) and as Transfer Agent and Registrar and Rights Agent for Virgin Metals Inc. (Virgin). CST will also be appointed Rights Agent and Warrant Agent for Purepoint effective June 27, 2014.
"We appreciate the trust Purepoint and Virgin have placed in us to serve in these capacities," said Laurel Savoy, Chief Executive Officer of CST. "We are committed to building a mutually beneficial relationship with these companies that takes advantage of our integrated, comprehensive servicing solutions."
Purepoint Uranium Group Inc. is focused on the precision exploration of its 10 projects in the Canadian Athabasca Basin. Purepoint proudly maintains project ventures in the Basin with the three largest uranium producers in the world, Cameco Corporation, AREVA and Rio Tinto. Established in the Athabasca Basin, Purepoint is actively advancing a large portfolio of multiple drill targets in the world's richest uranium region. Virgin Metals is a junior exploration and development company. Its notable projects include the Los Verdes copper-molybdenum porphyry project in Sonora, northern Mexico, which is currently the subject of a pre- feasibility study.
"CST's customized solutions fit our specific needs and we look forward to utilizing the superior systems, services and products offered through this strategic partnership," noted Chris Frostad, Chief Executive Officer of both Purepoint and Virgin. "We believe that CST's cost-effective and personalized services will meet our needs now and in the future."
CST Trust Company (CST) is part of the Link Group, an international network of providers of transfer agent and employee plan services. Headquartered in Toronto with offices in Halifax, Montreal, Calgary and Vancouver, CST provides issuers with global solutions through local service. CST, CST Investor Services Inc. and its U.S. affiliate, American Stock Transfer & Trust Company, LLC, (AST) form the North American division of the Link Group. This division provides service to over 8,000 public issues and more than 5.5 million shareholders in over 22 foreign countries, ranging in size from initial public offerings to Fortune 100 companies.