Core Viewpoint - Standard Uranium Ltd. is expanding its diamond drill program at the Davidson River project, aiming to complete 8,000 to 10,000 meters of drilling starting in May 2026, supported by recent financial backing from a private placement offering [1][3][5]. Drill Program Expansion - The drill program at Davidson River will now begin in spring 2026, allowing for a more efficient operation with two diamond drills under favorable weather conditions, which is expected to reduce costs per meter [5]. - New high-resolution 3D imaging has derisked target areas across the Warrior, Bronco, and Thunderbird corridors, providing critical information for the upcoming drilling [5][11]. - The company has secured all necessary drill permits and signed Exploration Agreements with the Clearwater River Dene Nation, with drilling planned for a four-to-six-week period in early spring 2026 [5][11]. Multiphysics Survey Results - Standard Uranium, in collaboration with Fleet Space Technologies, conducted the first Exosphere Multiphysics survey in the southwest Athabasca Uranium District, collecting critical geophysical data to refine drill targets [9][11]. - The survey results will be integrated with previous drilling data to enhance targeting for the upcoming drill program [11]. Private Placement and LIFE Offering - The company closed Tranche 3 of its non-brokered private placement, raising gross proceeds of $503,800 by issuing 6,297,500 non-flow-through units at a price of $0.08 each [16][17]. - To date, the total gross proceeds from the private placement offerings amount to $1,823,900, with plans to offer an additional 16,761,000 flow-through units for up to $1,676,100 [16][18]. - A separate LIFE Offering aims to raise up to $2,500,000 through the issuance of up to 25,000,000 flow-through units, which will not be subject to a hold period [19][21]. Project Overview - The Davidson River project spans 30,737 hectares in the southwest Athabasca Uranium District and is highly prospective for basement-hosted uranium deposits, located near significant uranium discoveries [8][25]. - The project has seen 16,561 meters of diamond drilling since 2020, which has refined the exploration strategy for high-grade uranium mineralization [12][15].

Core Viewpoint - Purepoint Uranium Group Inc. has successfully closed the final tranche of its private placement, raising a total of $6,000,137.79 to support uranium exploration in the Athabasca Basin, Saskatchewan [1][3]. Financing Details - The final tranche of the private placement included a combination of traditional flow-through units and SK and NT flow-through units, with a total issuance of 772,946 traditional units, 5,768,824 SK units, and 3,041,295 NT units [1][6]. - Each flow-through unit consists of one common share and one common share purchase warrant, with an exercise price of $0.50 per share for a period of 24 months [1]. Use of Proceeds - Proceeds from the private placement will be allocated for the exploration and advancement of the company's projects in the Athabasca Basin [3]. Related Party Transaction - IsoEnergy Ltd. acquired 2,531,646 SK flow-through units, which is classified as a related party transaction as IsoEnergy holds 10.6% of Purepoint's common shares prior to this acquisition [4]. - Following the private placement, IsoEnergy owns approximately 12.57% of Purepoint's issued and outstanding common shares on a non-diluted basis and approximately 18.65% on a partially diluted basis [5]. Finder's Fees - The company paid finders' fees totaling $106,662.14 in cash and issued 264,111 non-transferable compensation warrants to Ventum Financial Corp., Stephen Avenue Securities Inc., and Canaccord Genuity Corp. [2].