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Purepoint Uranium Group completes rights offering

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Purepoint Uranium Group Inc.

Purepoint Uranium Group Inc. (TSX-V:PTU) completed an offering of rights to holders of its common shares of record at the close of business on January 30, 2013. The rights offering was fully subscribed with a total of 42,830,380 rights being exercised for 3,975,718 units pursuant to the basic subscription privilege and 5,729,055 units issued pursuant to the additional subscription privilege at a price of $0.07 per unit. Purepoint was advised by a team from Fasken Martineau including Nancy Eastman, Alex Nikolic and Anne Cobbett.



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