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Purepoint Uranium Group Inc: Announces Up To $7 Million Private Placement with Blackmont Capital and CIBC World Markets as agents.

Publication: M2 Presswire
Publication Date: 30-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 September 2005-Purepoint Uranium Group Inc.: Purepoint Uranium Group Inc: Announces Up To $7 Million Private Placement with Blackmont Capital and CIBC World Markets as agents.(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:29092005

Toronto, Ontario CANADA - Purepoint Uranium Group Inc. (PTU - TSX Venture), has announced an agreement to raise $5 million through a marketed brokered private placement offering of flow-through common shares on a best efforts agency basis. Blackmont Capital Inc. and CIBC World Markets Inc. will act as co-lead agents (the "Agents") in the offering. Purepoint has granted the Agents an option exercisable at any time up to 48 hours prior to...



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