Paladin Energy Ltd and Fusion Resources Limited announce that Paladin intends to make an off-market scrip takeover offer for Australian and Toronto Stock Exchange listed minerals exploration company Fusion. This announcement was made after close of trading on the ASX. The consideration under the Offer will comprise 1 fully paid ordinary Paladin share for every 6 fully paid ordinary Fusion shares,...
Det norske oljeselskap ASA sells its 10 percent interest in Production Licenses 316 (the Yme Field), 316B, 316 CS, and 316 DS to Lotos Exploration and Production Norge AS. The consideration for the transaction is NOK 390 million. The purchase amount includes NOK 118 million in remaining tax balance. In addition, Det norske (OSE:DETNOR) will be compensated for investments made in 2008. Consequently,...
Paladin Energy Ltd (“Paladin” or “the Company”) (Toronto:PDN.TO)(ASX:PDN.AX) advises that the Company has today exercised 12.5 million unlisted options in Deep Yellow Limited (ASX:DYL.AX) bringing its total holding to 171,558,461 fully paid shares representing 15.3% of the issued capital of DYL. Contacts: Paladin Energy Ltd John Borshoff Managing Director ...
Industries Inc. has completed its acquisition of the highly prospective Itigi Manyoni Uranium Property located in Tanzania. Airborne radiometric surveys have identified uranium anomalies indicating strong potential for significant uranium mineralization on VIPR’s project area. Radiometric mapping of VIPR’s newly acquired 170 kilometer Itigi Manyoni Uranium Prospect has identified anomalies...
Prime Minister John Howard urged Australia’s regional governments to end bans on new uranium mines that prevent the nation from tapping soaring demand for the reactor fuel. The nuclear power boom provided a “timely opportunity,” Howard said today, releasing a government report that supported an end to the bans, enrichment of the metal for use in reactors and construction of as many...
Research and Markets (http://www.researchandmarkets.com/reports/c39443) has announced the addition of Uranium – Global Strategic Business Report to their offering. This report analyzes the worldwide markets for Uranium in Millions of Tons. The report provides comprehensive market analytics. Annual forecasts are provided for the period of 2000 through 2010. The report profiles 81 companies including...