Purepoint Uranium Q2 2026 net loss narrows as exploration spending drops after Dorado drilling push

• Purepoint posted a net loss of $1.8 million for the quarter ended June 30, 2026, reflecting higher exploration activity.
• Exploration and evaluation spending fell to $554,161 from $1.08 million, as Dorado drilling costs were concentrated earlier in the year.
• Share-based payments rose to $1.02 million from nil, driven by new RSU awards and employee stock option grants.
• Cash used in operating activities increased to $2.22 million for the six months, tied to higher joint-project activity.
• Working capital declined to $2.09 million from $4.38 million at year-end, reflecting joint-venture work and higher exploration outlays.

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