Core Viewpoint - Purepoint Uranium Group Inc. announced a non-brokered private placement to raise up to $3,000,000 through the sale of flow-through shares and warrants, aimed at funding exploration activities in the Athabasca Basin, Saskatchewan [1][2]. Group 1: Offering Details - The Offering consists of flow-through units priced at $0.65 per SFT Unit and $0.59 per NFT Unit, each unit comprising one common share and one warrant [7]. - Each warrant allows the holder to purchase one common share at an exercise price of $0.50 for 24 months from issuance [1]. - The gross proceeds will be allocated to Canadian Exploration Expenses qualifying as "flow-through mining expenditure" under the Income Tax Act (Canada) [2]. Group 2: Regulatory and Corporate Approvals - Completion of the Offering is contingent upon receiving necessary regulatory and corporate approvals, including the listing of the FT Shares and Warrant Shares on the TSX Venture Exchange [3]. - The securities distributed under the Offering will be subject to a statutory hold period of four months and one day following the closing date [3]. Group 3: Company Overview - Purepoint Uranium Group Inc. is focused on uranium exploration with a portfolio of advanced projects in the Athabasca Basin, collaborating with industry leaders like Cameco Corporation and Orano Canada Inc. [4]. - The company also holds a VHMS project adjacent to Foran Corporation's McIlvena Bay project, enhancing its strategic position in the uranium sector [5].