Toronto, Ontario--(Newsfile Corp. - January 5, 2026) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") approved the issuance of 1,223,600 restricted share units ("RSUs") to its directors and officers and a total of 230,000 options (the "Options") to certain of its employees pursuant to the Company's Omnibus Equity Incentive Compensation Plan. Each Option is exercisable to acquire one common share of the Company at a price of $0.47 per share and expires on the date that is five years from the date of grant. The Options will vest in three equal installments with first instalment vesting immediately upon grant and each of the remaining two instalments vesting on January 5, 2027 and January 5, 2028. The RSUs will vest on the date that is one year from the date of grant and will expire on December 28, 2029. Each RSU represents the right to receive, upon vesting, one common share of the Company.
About Purepoint Uranium Group Inc.
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. Highly prospective uranium projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.
Additionally, the Company holds a promising VHMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Corporation's McIlvenna Bay project. Through a robust and proactive exploration strategy, the Company is solidifying its position as a leading explorer in one of the globe's most significant uranium districts.
For further information, please contact:
Chris Frostad, President and CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca
For additional information please visit our new website at https://purepoint.ca, our Twitter feed: @PurepointU3O8 or our LinkedIn page @Purepoint-Uranium.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.
Disclosure regarding forward-looking statements
This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279495
