Purepoint Uranium Group Inc.
TSX VENTURE : PTU

Purepoint Uranium Group Inc.

April 25, 2013 16:00 ET

Purepoint Uranium Group Inc. Employee Stock Options Issued

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.

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Contact Information

  • Purepoint Uranium Group Inc.
    Chris Frostad
    President and CEO
    (416) 603-8368
    www.purepoint.ca