The Board of Directors of Purepoint Uranium Group Inc. (TSX VENTURE:PTU) has
approved the issuance of a total of 3,400,000 options to certain of its Board of
Directors, management and staff pursuant to its stock option plan. The options
are exercisable at a price of $0.09, are subject to agreed vesting schedules and
expire in five years.


About Purepoint

Purepoint Uranium Group Inc. is focused on the precision exploration of more
than 55 defined target areas on its eight 100% owned projects in the Canadian
Athabasca Basin, and its two Basin projects joint ventured with Cameco
Corporation and AREVA Resources Canada Inc. Established in the Basin well before
the resurgence in uranium, Purepoint is actively advancing this large portfolio
of multiple drill targets in the world's richest uranium region.
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