Purepoint Uranium Group Inc. Closes Final Tranche of Private Placement

Get inside Wall Street with StreetInsider Premium . Claim your 1-week free trial here .

Toronto, Ontario–(Newsfile Corp. – December 31, 2021) – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF ) (" Purepoint " or the " Company ") is pleased to announce the closing of the final tranche of the previously announced non-brokered private placement (the " Private Placement "). Together with the first tranche of the Private Placement, the Company issued a total of 10,107,643 flow-through units for aggregate gross proceeds of $1,415,070. Each Flow-Through Unit consists of one common share in the capital of the Company to be issued on a "flow through" basis pursuant to the Income Tax Act (Canada) and one-half of one common share purchase warrant. Each warrant entitles its holder to purchase one common share in the capital of the Company at an exercise price of $0.20 per share for a […]

Click here to view original web page at www.streetinsider.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.