Purepoint Uranium Group Inc (PTUUF)

[81vette]

PTUUF latest 10k,no dilution,Weighted average common shares
outstanding 368,889,431 324,680,Basic diluted loss per common share $ (0.00) $ (0.00)Diluted loss per common share has not been presented as this is anti-dilutive.
14. Commitments
Pursuant to the issuance of flow-through shares described in note 10(a), the Company is required to
spend $1,508,500 on Canadian exploration expenditures before the end of 2021 and 2,142,430
before the end of 2022. The Company fulfilled it’s commitment spending on qualifying Canadian
exploration expenditures approximately $2,350,930 in 2021 and $1,300,000 in the first half of 2022.
In connection with the issuance of flow-through shares in April 2022, the Company is required to
spend $3,500,140 on Canadian exploration expenditures before December 31, 2023. As of
September 30, 2022, the Company spent approximately $2,080,900 on Canadian exploration
expenditures out of that requirement