PTU. V - Purepoint Uranium Group Inc. is focused on the precision exploration of its nine highly prospective projects in the Canadian Athabasca Basin. Established in the Basin well before the resurgence in uranium, Purepoint is actively advancing its large portfolio of multiple drill targets in the world's richest uranium region.
UPC. V - Uranium Power Corp. (CDNX:UPC.V) is pleased to announce that Gregory L. Adams has accepted the position of Vice President - Exploration. Simultaneously with this appointment, UPC will open an office in Casper, Wyoming. Mr. Adams will manage this new office, and will be responsible for the oversight of existing development and exploration properties in the North America, as well as the expansion of the Company's property portfolio.
SAN.V - Santoy Resources Ltd. (TSX VENTURE:SAN)("Santoy") is pleased to announce it has entered into an agreement with Mega Uranium Ltd. ("Mega") to sell all of Santoy's right, title and interest in three properties in the Central Mineral Belt("CMB"), Labrador. Under the agreement, Mega will acquire the West Michelin, West Micmac and Gravelly River projects (the "Projects") from Santoy in exchange for 400,000 common shares of Mega. A pre-existing 2% net smelter return royalty payable to Geotest Corporation on 352 of the 1,375 claims will be reduced to 1% in consideration of 15,000 shares of Mega payable to Geotest by Santoy.