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Kolibri Global Energy Inc. press release

eResearch Issues Update Report on Purepoint Uranium Group Inc.

TSX - Toronto Stock Exchange · United States

Purepoint Uranium Group Inc. is an early-stage Canadian exploration and development company, focused on exploration of its uranium projects in the uranium-rich Athabasca Basin in northern Saskatchewan, Canada. The Company is involved in project partnerships with the three largest uranium producers in the world: Cameco Corporation;AREVA; and Rio Tinto plc.

The Company’s 2012 exploration plans include expenditures of $2,020,000 on six projects in the Athabasca Basin in northern Saskatchewan, Canada. About half of that is to be spent on the Red Willow property. The drill program to be carried out by Rio Tinto Exploration Canada follows a year of detailed analysis and the completion of a regional 3D model incorporating extensive geophysical data collected to date.

To access the Update Report, click here: Purepoint Uranium Group.

eResearch posts all its reports and articles on its website, www.eresearch.ca, and subscription is FREE.

eResearch is a primary source for professional investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential for reaching millions of global investors through our extensive electronic distribution network.

Contact:

eResearch: Bob Weir, CFA, Director of Research

Telephone: (416) 703-6258 Ext 221; E-mail: bweir@eresearch.ca

Earlier from Kolibri Global Energy Inc.