Mawson focuses on uranium exploration in Scandinavia

Mawson Resources Limited announces the company has commenced proceedings to withdraw from its mineral exploration licences in Spain, and at the same time expand its uranium exploration efforts throughout Scandinavia. After a recent Board review of the Company’s uranium assets it was determined Scandinavia holds the greatest potential for further significant discoveries. In Spain, the Company... 

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Pacific Bay Options Argentina Uranium Property to UrAmerica

David H. Brett, President and CEO, Pacific Bay Minerals Ltd. reports that the Company has optioned its 100% owned “Cerro Solo” claims in Chubut Province, Argentina (the “Property”), to UrAmerica Ltd., a private company focused on uranium discovery in Latin America. Under the option agreement, UrAmerica can earn a 60% interest in the Property by incurring USD$1,200,000 in exploration... 

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Uranium One Enters into Definitive Agreement to Acquire Christensen Ranch and Irigaray in Wyoming

Uranium One Inc. announced that it has entered into a definitive agreement to acquire 100% of the MALCO Joint Venture (“MALCO”) from wholly-owned subsidiaries of AREVA and EDF for US$ 35 million in cash. The assets of MALCO include the licensed and permitted Irigaray ISR central processing plant, the Christensen Ranch satellite ISR facility and associated U(3)O(8) resources located in... 

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Denison Mines Corp. Closes CDN $82,000,000 Bought Deal Financing

Denison Mines Corp. announce that it has closed its previously announced “bought deal” financing. Denison has sold to a syndicate of underwriters 40,000,000 common shares at $2.05 per common share to raise gross proceeds of $82,000,000. The Company has also granted the syndicate an option to purchase up to an additional 6,000,000 common shares at $2.05 per share exercisable within thirty... 

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Delta Uranium Confirms the Termination of Business Combination and Commences Legal Action Against Carlisle Goldfields

Delta Uranium Inc. confirm the termination of the proposed business combination previously announced in the Company’s press release dated February 27, 2009. Pursuant to the Transaction, Carlisle Goldfields Limited (“Carlisle”) was to acquire all of the issued and outstanding shares of Delta Precious Metals, a wholly-owned subsidiary of Delta (“Subco”). Complete details... 

Uranium One Announces Agreement to Acquire 50% Interest in Karatau Uranium Mine

Uranium One Inc. announced the signing of a definitive purchase agreement to acquire a 50% interest in the Karatau Uranium Mine in Kazakhstan from JSC Atomredmetzoloto (“ARMZ”), the Russian state-owned uranium mining company. The purchase price will be paid by way of the issuance of 117 million common shares of Uranium One and a cash payment of US$ 90 million (or equivalent promissory note).... 

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Uranium One Announces Extension of Subscription Agreement with Japanese Consortium

Uranium One Inc., one of the world’s largest publicly traded uranium producers with a globally diversified portfolio of assets located in Kazakhstan, the United States, South Africa and Australia announced the extension to December 15, 2009 of its subscription agreement of February 9, 2009 with a corporation formed by The Tokyo Electric Power Company, Incorporated, Toshiba Corporation, and The... 

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Carlisle Goldfields Limited & Delta Uranium Inc. cancel business transaction

Further to press release dated February 26, 2009 Carlisle Goldfields Limited (Carlisle) wishes to announce the cancellation of a proposed business transaction with Delta Uranium Inc. (Delta). The transaction would have involved a vend-in of certain gold assets of a subco of Delta for consideration of 4 million shares and a post consolidated roll back of Carlisle shares on a 10:1 basis. As part of this... 

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Golden River Resources Takes Placement in Canadian Company Acadian Mining Corp

Golden River Resources Corporation announced that it has reached agreement with Acadian Mining Corporation to subscribe in a private placement transaction for up to 338,111,334 common shares in Acadian for aggregate gross investment of up to C$10 million. The Offering is contemplated to close in two or more tranches. Following closing of all tranches, Golden River will hold 68.45% of Acadian. The... 

Uranium One Announces C$270 Million Financing and Formation of Strategic Relationship with Japanese Consortium

Uranium One Inc. said that it has entered into a subscription agreement with a corporation formed by The Tokyo Electric Power Company, Incorporated, Toshiba Corporation, and The Japan Bank for International Cooperation providing for the private placement of an aggregate of 117,000,000 common shares of Uranium One, for gross proceeds of approximately C$270 million. Concurrently with the execution of... 

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