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Copper Quest Partners with ExploreTech for AI-Driven Resource Exploration and Development
Globenewswire· 2025-12-01 13:00
AI study to begin with Kitimat Copper-Gold Project; Copper Quest completes initial site visit and work programVANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce it has entered into a strategic partnership with U.S. based Exploration Technologies Inc. (“ExploreTech”) to deploy generative artificial intelligence across its project portfolio, beginning with the Kitimat Copper-Go ...
Purepoint Uranium Increases Flow-Through Private Placement to $5,000,000
Newsfile· 2025-08-15 10:30
Core Viewpoint - Purepoint Uranium Group Inc. has increased its non-brokered private placement offering size from $3,000,000 to $5,000,000 due to strong investor demand [1] Group 1: Offering Details - IsoEnergy Ltd. intends to invest $1,000,000 in support of Purepoint's financing efforts [2] - The offering will include warrants allowing holders to purchase common shares at an exercise price of $0.50 per share for 24 months [2] - The gross proceeds will be used for Canadian Exploration Expenses related to the exploration program in the Athabasca Basin [4] Group 2: Regulatory and Compliance - IsoEnergy's participation is considered a "related party transaction" under MI 61-101, as it holds 10.6% of Purepoint's common shares [3] - The company is exempt from obtaining a formal valuation or minority shareholder approval for IsoEnergy's participation [3] - A material change report will be filed regarding IsoEnergy's participation less than 21 days before the offering closes [3] Group 3: Offering Structure - The offering includes Saskatchewan flow-through units priced at $0.65, national flow-through units at $0.59, and traditional flow-through units also at $0.59 [8] - Each unit consists of one common share and one warrant [8] Group 4: Company Overview - Purepoint Uranium Group Inc. is focused on uranium exploration in the Athabasca Basin, partnering with industry leaders like Cameco Corporation and Orano Canada Inc. [6] - The company also holds a promising VHMS project adjacent to Foran Corporation's McIlvena Bay project [7]