Purecore Provides Corporate Update Highlighting Execution Across Uranium, Copper and Capital Markets

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Postmedia has not reviewed the content. by GlobeNewswire Purecore Provides Corporate Update Highlighting Execution Across Uranium, Copper and Capital MarketsAuthor of the article:VANCOUVER, British Columbia, Aug. 26, 2026 (GLOBE NEWSWIRE) — Purecore Metals Inc. (CSE: PURE) (FSE: J8Y) (OTCQB: PPURF) (“Purecore” or the “Company”) is pleased to provide a corporate update highlighting progress since its common shares commenced trading on the Canadian Securities Exchange on May 15, 2026.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountIn just over three months, Purecore has expanded into the Athabasca Basin, advanced exploration at its wholly owned Bankier Property in the Quesnel Terrane, completed a C$1.5 million financing, strengthened its technical and strategic advisory team, and expanded investor access into European and U.S. markets.The Company also entered into a definitive agreement with Skyharbour Resources Ltd. (TSXV: SYH) providing Purecore an option to earn up to a 100% interest in the 35,029-hectare Yurchison Uranium Property in northern Saskatchewan.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againPeter Berdusco, President and Chief Executive Officer of Purecore, commented:“Since listing in May, we have moved quickly to execute our strategy. We have secured capital, expanded into the Athabasca Basin, advanced our copper-focused exploration in Quesnel Terrane, strengthened our advisory team and established trading access in Canada, Europe and the United States.Ten significant milestones in roughly three months reflects the pace we intend to maintain. Our strategy remains simple: two commodities, one demand curve — uranium and copper positioned against the long-term growth in global electricity demand.”Purecore believes the outlook for both uranium and copper continues to strengthen.Major financial institutions remain bullish on uranium. Bank of America forecasts uranium to average US$130 per pound in 2027.Sprott Asset Management has also described uranium as being “on the cusp of a new contracting cycle,” as utilities face growing requirements to secure long-term supply.Copper has meanwhile reached record price levels in 2026 as constrained supply, infrastructure investment and accelerating global power demand continue to support the market.Purecore believes these trends reinforce the long-term rationale behind its uranium and copper strategy — two commodities, one demand curve.Please see links below for market sources.Technical and Strategic LeadershipPurecore has appointed three senior technical and strategic advisors:Dr. Ted Rygas — Technical AdvisorChemical engineer and nuclear technology specialist with more than 30 years of experience in separation science, isotope separation and purification technologies. Dr. Rygas previously contributed to Cameco’s CRISLA uranium isotope separation program.Dr. Dennis LaPoint — Technical AdvisorGeologist with more than 45 years of mineral exploration experience across uranium, copper, precious and base metals. Dr. LaPoint also serves as an independent Qualified Person for Yurchison.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Jordan Trimble — Strategic AdvisorPresident and CEO of Skyharbour Resources, bringing significant experience in uranium exploration, project generation, capital markets and the Athabasca Basin.Yurchison Uranium Property — SaskatchewanPurecore holds an option to earn up to a 100% interest in the Yurchison Uranium Property under a definitive agreement with Skyharbour Resources.Yurchison comprises 22 claims covering approximately 35,029 hectares in northern Saskatchewan, approximately 75 kilometres south of Cameco Corporation’s Rabbit Lake operation, with Highway 905 crossing the property.Historical exploration included geophysics, prospecting, mapping, geochemical sampling and drilling, much of it completed prior to 2000. Historical prospecting near old trenches returned uranium values ranging from 0.09% to 0.30% U₃O₈ and molybdenum values ranging from 2,500 to 6,400 ppm.Purecore intends to advance staged exploration at Yurchison.Bankier Property — British ColumbiaPurecore owns a 100% interest in the Bankier Property, located approximately 22 kilometres west of Peachland within British Columbia’s Quesnel Terrane, and 20km south of the historical Brenda copper-molybdenum mine.Bankier hosts multi-element MMI anomalies including copper, molybdenum, gold and uranium. Phase One field exploration was completed in July 2026, and Purecore is now integrating historical geological, geochemical and geophysical data to refine future exploration targets.Capital Markets and Capital StructurePurecore closed a C$1.5 million non-brokered private placement on July 6, 2026, issuing 1,500,000 units at C$1.00 per unit. Each unit consisted of one common share and one transferable warrant exercisable at C$2.00 for three years.Purecore currently has 15,305,047 common shares issued and outstanding.The Company’s shares now trade across three markets:CSE: PURE — Canadian Securities ExchangeFSE: J8Y — Frankfurt Stock ExchangeOTCQB: PPURF — OTCQB Venture Market, United StatesThe Frankfurt and OTCQB listings expanded access to Purecore shares without the issuance of additional common shares.The scientific and technical information in this news release has been reviewed and approved by Dr. Dennis Lapoint, P.Geo., an independent Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.About Purecore Metals Inc.Purecore Metals Inc. (CSE: PURE) (FSE: J8Y) (OTCQB: PPURF) is a Canadian critical minerals company building a uranium and copper portfolio positioned around the long-term expansion of global electricity demand.The Company is pursuing opportunities across resource discovery and advanced technology focused on the materials required to support nuclear power, artificial intelligence, data centres and expanding global electrical infrastructure.For more information, visit www.purecoremetals.comInvestor Contactinvestors@purecoremetals.com1.877.844.4661On behalf of the Board of DirectorsPeter BerduscoPresident and Chief Executive OfficerForward-Looking InformationThis news release contains forward-looking information within the meaning of applicable Canadian securities laws, including statements regarding the Company’s exploration plans, future activities at Yurchison and Bankier, the potential acquisition of up to a 100% interest in Yurchison, DTC eligibility, commodity-market conditions and the Company’s growth strategy. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially, including exploration results, commodity-price fluctuations, availability of capital, regulatory requirements and the Company’s ability to satisfy the terms of its agreements. Third-party commodity-price forecasts and market projections referenced in this release are based on information published by third parties. The Company has not independently verified these forecasts, and there can be no assurance they will prove accurate. Readers are cautioned not to place undue reliance on forward-looking information. Purecore undertakes no obligation to update such information except as required by applicable securities laws.Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.