On December 4, 2023, Purepoint Uranium Group Inc., closed the transaction. All securities issued in connection with the closing of the private placement are subject to a four-month hold period, pursuant to the applicable securities laws, with an expiry date of April 5, 2024. The company issued 7,000,000 share purchase warrants to purchase 7,000,000 shares at a price of CAD 0.07 per share.

The transaction included participation from one placee. The TSX Venture Exchange has accepted for filing documentation with respect to anon-brokered private placement announced on November 20, 2023.