TORONTO, ONTARIO--(Marketwired - April 25, 2013) - The Board of Directors of Purepoint Uranium Group Inc. (TSX VENTURE:PTU) has approved the issuance of a total of 1,940,000 options to certain of its Board of Directors, management and staff pursuant to its stock option plan. The options are exercisable at a price of $0.10, are subject to agreed vesting schedules and expire in five years.
About Purepoint
Purepoint Uranium Group Inc. is focused on the precision exploration of its eleven projects in the Canadian Athabasca Basin. Purepoint proudly maintains project ventures in the Basin with three of the largest uranium producers in the world, Cameco Corporation, AREVA and Rio Tinto. Established in the Athabasca Basin well before the initial resurgence in uranium earlier last decade, Purepoint is actively advancing a large portfolio of multiple drill targets in the world's richest uranium region.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contact Information:
Chris Frostad
President and CEO
(416) 603-8368
www.purepoint.ca