Purepoint Uranium Group Inc. · TSXV:PTU
Purepoint Uranium — Corporate Update (May 2020)
17 slides from Purepoint Uranium's corporate update, May 2020
Slide 1: U3O8 This Time for Sure?
U3O8 This Time for Sure? The Industry Reacts to yet another Defining Global Event TSXV: PTU www.purepoint.ca Q2 - 2020
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Disclaimer The general information set out in this presentation regarding the uranium market, including but not limited to, the demand and supply of uranium, historical events that affected uranium pricing, the global state of the uranium market and other related informati
Slide 3: Corporate Update – Q2 2020
CORPORATE UPDATE – Q2 2020 02 03 A Little Help 01 Recent Events from Saskatchewan Hook Lake 2020 www.purepoint.ca 3
Slide 4: Anticipating the tipping point…
01 Recent Events The Uranium market doesn’t ebb and flow with the ongoing activities of the world’s politics and economies. Instead, it lies in wait, only to make jarring moves based on very specific and unfortunate situations. From the accident at Three Mile Island to the flooding of the McArthur a
Slide 5: Significant Mine Closures
01 Recent Events SIGNIFICANT MINE CLOSURES In response to COVID 19, many of the world’s largest mining operations have been put on hold % of Global Suspension Location Operation Company Annual Mine Duration Production Kazakhstan Kazakhstan ISR Kazatomprom 41.0% 3 Months Canada Cigar Lake Cameco/Oran
Slide 6: Global Uranium Reserves
01 Recent Events GLOBAL URANIUM RESERVES Over the last 30 years, global uranium reserves have slowly risen Tonnes U 7,000 6,000 <USD $50/lb U3O8 5,000 <USD $30/lb U3O8 4,000 3,000 2,000 1,000 - 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 Source: OECD Nuclear Energy Age
Slide 7: Global Uranium Reserves
01 Recent Events GLOBAL URANIUM RESERVES Over the last 30 years, global uranium reserves have slowly risen Tonnes U 7,000 6,000 <USD $50/lb U3O8 5,000 <USD $30/lb U3O8 4,000 3,000 2,000 1,000 - 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 Source: OECD Nuclear Energy Age
Slide 8: A Little Help from Saskatchewan
Supply Little xHelp Demand 02 A and from the push non-carbon power Saskatchewan for Saskatchewan is consistently ranked by the Fraser Institute as one of the top (if not THE top) mining jurisdictions in the World. Pam Schwann, P. Geo., MSc., Saskatchewan Mining Association (SMA) is an industry-drive
Slide 9: Focused on Minimizing Financial Disruptions
Supply Little xHelp Demand 02 A and from the push non-carbon power Saskatchewan for FOCUSED ON MINIMIZING FINANCIAL DISTRUPTIONS Protecting Assets Providing Financial Support Getting the Industry Against Time Deadlines Where Reasonable Back to Work • Canada Revenue Agency treatment • Provincial Sale
Slide 10: Purepoint Uranium Group Inc.
03 Hook Lake Update Established in the Basin since 2002, Purepoint holds 9 highly prospective uranium projects in the Athabasca Basin and proudly maintains project joint ventures with two of the largest uranium suppliers in the world, Cameco Corp & Orano Canada. Purepoint Uranium Group High grade di
Slide 11: Projects
03 Hook Lake Update PROJECTS 9 Projects All Active • Advanced stage exploration Dozen of drill targets well defined Low priority property all exited Assessment requirements current • Support and continued spending by two of the largest Uranium Suppliers in the world in our flagship Hook Lake p
Slide 12: Ongoing Exploration
03 Hook Lake Update ONGOING EXPLORATION www.purepoint.ca 12
Slide 13: Ongoing Exploration
03 Hook Lake Update ONGOING EXPLORATION Canadian Geological Survey recently provided us with data from their recent Gravity Survey over the Patterson Corridor This data provides significantly more detail to historic data gathered by the Saskatchewan Geological Survey. www.purepoint.ca 13
Slide 14: Ongoing Exploration: 2020 Priorities
03 Hook Lake Update ONGOING EXPLORATION W-Conductor 2020 SWML EM Survey 2020 Priorities Dragon NE Drilling • Targets identified during 2019 2019 EM Survey 2020 Drill EM Survey Targets • Dragon NE EM Survey • W Conductor www.purepoint.ca 14
Slide 15: Sabre Target Area
03 Hook Lake Update SABRE TARGET AREA • HK19-105, intersected numerous high-strain-zones, a post-Athabasca fault combined with strong hydrothermal alteration and elevated radioactivity (up to 1635 cps from the downhole gamma probe) in both the sandstone and basement rocks. • The 2020 geophysical sur
Slide 16: Capital Structure
03 Hook Lake Update CAPITAL STRUCTURE Market Capitalization $13,402,214 52 Week Range $0.09 - $0.025 Shares Outstanding 223,370,228 Options (@$0.08 weighted avg.) 15,560,000 Warrants (@$0.12 weighted avg.) 19,245,832 Shares Fully Diluted 258,176,060 Cash on Hand (as at December 31, 2019) $1,400,000
Slide 17: Contact
Contact www.purepoint.ca Chris Frostad, President & CEO Twitter @PurepointU3O8 E: cfrostad@purepoint.ca T: +1.416.603.8368 LinkedIn @Purepoint-Uranium Jeanny So, Corporate Communications info@jeannyso.com eannyso.com T: +1.647.202.0994 2500 - 120 Adelaide Street West Toronto, ON, M5H1V9 www.purepoin
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