Business
Purepoint Uranium Announces AGM Results and Provides Update on its Hook Lake Project
Purepoint Uranium Announces AGM Results and Provides Update on its Hook Lake Project ...
About this update from Purepoint Uranium Group Inc.
[{"type":"text","content":"\n\n\n\nPurepoint Uranium Announces AGM Results and Provides Update on its Hook Lake Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, July 15, 2020\n\n\n\n\n TORONTO, July 15, 2020 /CNW/ - Purepoint Uranium Group Inc. (TSXV: PTU) (\"Purepoint\" or the \"Company\") announced results of its Annual General Meeting held in Toronto, ON, on July 14, 2020, and provided an update on its corporate activities. \n\n \n \n \n \n \n \n\n \nAt the AGM, shareholders voted in favor of all matters of business. These matters included the elections of Allan Beach, Borys Chabursky, Chris Frostad and Scott Frostad as Directors, the appointment of MNP LLC as Auditors and the approval of the Incentive Stock Option Plan. \nThe Company is currently planning for its next drill program at its flagship Hook Lake Project, a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson Uranium District, Saskatchewan, Canada. \nThe work to date at the Hook Lake Project as well as the collective discoveries and next steps are detailed in a series of short videos which can be accessed at the links below: \nThe Patterson Model - Part 1: A 4.5-minute video on the Patterson Model (https://youtu.be/o1CbgHRfdAY) The Patterson Model - Part 2: A 5-minute video outlining the recent findings, potential and plans for the Sabre Zone (https://youtu.be/KGZwvRnRHSo) Uncovering the Patterson Uranium District: a 5-minute overview of the history of the Patterson Uranium District (https://youtu.be/Rt43EpZu4ck) More videos can be viewed at the Company website at: https://purepoint.ca/videos/Hook Lake JV Project\nThe Hook Lake JV Project is owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%), and Purepoint Uranium Group Inc. (21%) as operator and consists of nine claims totaling 28,598 hectares situated in the southwestern Athabasca Basin. The Hook Lake JV Project is considered one of the highest quality uranium exploration projects in the Athabasca Basin due to its location along the prospective Patterson Lake trend an...