FundedIQ
Natural Resources

Purepoint Uranium Group Inc.: Funding, Investors & Team (Aug 2026)

Purepoint Uranium Group Inc. is a Canadian resource company focused on acquiring, exploring, and developing properties for uranium production in the Athabasca Basin in Northern Saskatchewan. The company has seven properties in the area, including Hook Lake, Red Willow, Smart Lake, Turnor Lake, Henday Lake, Umfreville Lake, and McArthur East. The Hook Lake Project has nine claims covering over 28,590 hectares, while the Red Willow property has 20 mineral claims totaling over 41,110 hectares. The Smart Lake property consists of two claims covering over 9,800 hectares, and the Turnor Lake property includes five claims totaling over 9,700 hectares.

purepoint.ca Toronto, Canada 11-50 employees
Total raised
$4.3M
Rounds
2
Latest
Undisclosed round
Aug 2025

Purepoint Uranium Group Inc. has raised $4.3M across 2 funding rounds on record, the most recent an undisclosed round of $3.6M announced in Aug 2025.

That round is above the $2.2M median round size for Natural Resources companies tracked on FundedIQ over the last two years.

Purepoint Uranium Group Inc. Company Profile and Key Stats

Total funding raised
$4.3M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$3.6M in Aug 2025
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Aug 2025.

Purepoint Uranium Group Inc. Funding Rounds

Date
Round
Amount
Undisclosed round
$3.6M
Undisclosed round
$720k

Purepoint Uranium Group Inc. raised $720k in an undisclosed round announced in May 2025.

3 months later, an undisclosed round of $3.6M was announced in Aug 2025.

Purepoint Uranium Group Inc. Founders and Leadership Team

Name
Role
Contact
Chris Frostad
Founder
Locked

Contact details for the Purepoint Uranium Group Inc. team: 1 of 1 has an email address on file.

Start 14-day free trial →

Purepoint Uranium Group Inc. Funding Compared to Other Natural Resources Startups

Segment
Companies
Median round
3,081
$2.2M

Purepoint Uranium Group Inc.'s latest round of $3.6M is above the median round in Natural Resources. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Purepoint Uranium Group Inc. in Natural Resources and Toronto

Companies Similar to Purepoint Uranium Group Inc.

Errington Metals is a mineral exploration company focused on critical and precious metals projects.

Undisclosed round $490k

NexGold Mining Corp. is a gold-focused exploration and development company with assets in Canada and is…

Undisclosed round $7.0M

Red Metal Resources is a mineral exploration company focusing on acquiring, exploring, and developing…

Undisclosed round $280k

Caprock Mining is a mineral exploration and mining company that primarily explores gold and other minerals…

Undisclosed round $420k

Rathdowney is focused on Project Olza, an advanced stage zinc-lead-silver project located in the Upper…

Undisclosed round $740k

Denarius Metals is a company that is involved in acquiring, exploring, developing, and eventually operating…

Undisclosed round $9.0M

Generation Mining is a company primarily involved in developing zinc and molybdenum projects in Canada. It…

Undisclosed round $310M

Canstar Resources is a Canadian mineral exploration and development company led by a professional, highly…

Undisclosed round $350k

NOA Lithium Brines is a lithium exploration and development firm founded to purchase assets with high…

Undisclosed round

Surface Metals is known for their work in exploring, developing, and extracting lithium and valuable metals.

Undisclosed round

1911 Gold Corp is a gold producer which represents the next generation of exploration and production of…

Undisclosed round $31.0M

F4 Uranium is a mineral exploration company that focuses on discovering and developing uranium resources. The…

Undisclosed round $710k

Purepoint Uranium Group Inc. Funding FAQs

What does Purepoint Uranium Group Inc. do?

Purepoint Uranium Group Inc. is a Canadian resource company focused on acquiring, exploring, and developing properties for uranium production in the Athabasca Basin in Northern Saskatchewan. The company has seven properties in the area, including Hook Lake, Red Willow, Smart Lake, Turnor Lake, Henday Lake, Umfreville Lake, and McArthur East. The Hook Lake Project has nine claims covering over 28,590 hectares, while the Red Willow property has 20 mineral claims totaling over 41,110 hectares. The Smart Lake property consists of two claims covering over 9,800 hectares, and the Turnor Lake property includes five claims totaling over 9,700 hectares.

How much funding has Purepoint Uranium Group Inc. raised?

Purepoint Uranium Group Inc. has raised $4.3M across 2 rounds on record. The most recent is an undisclosed round of $3.6M announced in Aug 2025.

When did Purepoint Uranium Group Inc. last raise funding?

Purepoint Uranium Group Inc.'s most recent funding round on record is an undisclosed round of $3.6M, announced in Aug 2025.

Who founded Purepoint Uranium Group Inc.?

FundedIQ lists Chris Frostad (Founder) at Purepoint Uranium Group Inc..

Where is Purepoint Uranium Group Inc. headquartered?

Purepoint Uranium Group Inc. is based in Toronto, Ontario, Canada.

How many employees does Purepoint Uranium Group Inc. have?

Purepoint Uranium Group Inc. is in the 11-50 employee band.

How does Purepoint Uranium Group Inc.'s funding compare to other Natural Resources startups?

Purepoint Uranium Group Inc.'s latest round of $3.6M is above the $2.2M median round size for Natural Resources companies on FundedIQ across 620 tracked companies over the last two years.

About FundedIQ's Purepoint Uranium Group Inc. Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Purepoint Uranium Group Inc. is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.