Kolibri Global Energy Inc. press release
eResearch Issues Update Report on Purepoint Uranium Group
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 has reported its 2012 exploration plans which include expenditures of $2,020,000 on six projects in the Athabasca Basin in northern Saskatchewan, Canada. Approximately half of that outlay will be spent on theRed Willowproperty, where crews have been mobilized to begin the Winter 2012 exploration program. We continue to recommend Purepoint Uranium shares as a Speculative Buy for risk-tolerant investors.
For more information on the Company’s projects,click here: Purepoint Uranium
eResearchis 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.
eResearchposts all its reports and articles on its website,www.eresearch.ca, and subscription is FREE.
Contact: eResearch: Bob Weir, CFA, Director of Research Telephone: (416) 703-6258 Ext 221; E-mail: bweir@eresearch.ca