Purepoint Uranium (TSE:PTU) has released an update.
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Purepoint Uranium Group Inc. successfully closed a private placement, raising $2.2 million through the issuance of 7,333,331 units. IsoEnergy Ltd. acquired a significant portion of these units, marking the start of a joint venture for uranium exploration in the Athabasca Basin. The proceeds will support Purepoint’s general working capital.
For further insights into TSE:PTU stock, check out TipRanks’ Stock Analysis page.