ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

UMN Uramin Inc

389.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Uramin Inc LSE:UMN London Ordinary Share VGG9298V1067 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 389.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Uramin Share Discussion Threads

Showing 2576 to 2595 of 2600 messages
Chat Pages: 104  103  102  101  100  99  98  97  96  95  94  93  Older
DateSubjectAuthorDiscuss
12/9/2007
15:43
Cheers fordtin
nabcom
12/9/2007
08:35
seagreen

I cannot access it, says it is a "premium feature"

nabcom
12/9/2007
08:31
Niger Uranium new thread open for chit chat
seagreen
29/8/2007
16:09
Anticipated market capitalisation on Admission: £41 million= CAD$ 87.636m
NWT @ 38.5% = CAD$ 33,740m
Expected admission date AIM-London: Wednesday 13 September 2007

---------------------------------------------------------------------

AIM - Sch 1 - Niger Uranium Limited (29 August 2007)


ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH RULE 2 OF THE AIM RULES FOR COMPANIES ('AIM RULES')

COMPANY NAME: Niger Uranium Limited

COMPANY REGISTERED OFFICE ADDRESS AND IF DIFFERENT, COMPANY TRADING ADDRESS (INCLUDING POSTCODES) :
Registered Office: Walkers Chambers, P.O. Box 92, Road Town, Tortola, British Virgin Islands
Company Address: Block A, Ground Floor, 204 Rivonia Road, Morningside, Sandton, Gauteng, South Africa 2057

COUNTRY OF INCORPORATION: British Virgin Islands

COMPANY WEBSITE ADDRESS CONTAINING ALL INFORMATION REQUIRED BY AIM RULE 26:
► www.niger-uranium.com (not active yet)

--------------------------------------------------------------

COMPANY BUSINESS (INCLUDING MAIN COUNTRY OF OPERATION) OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTING STRATEGY). IF THE ADMISSION IS SOUGHT AS A RESULT OF A REVERSE TAKE-OVER UNDER RULE 14, THIS SHOULD BE STATED:
The Company was incorporated in May 2007 by UraMin Inc ('UraMin') and NWT Uranium Inc ('NWT') as a uranium exploration and development company. The Company will consider uranium projects worldwide as an active investor and will focus initially on the State of Niger.

Following incorporation, the Company entered into the Asset Purchase Agreement by which it agreed to acquire ► NWT's Nigerien exploration properties (the Irhazer and In Gall prospects), which are located in the same geographic area as Niger's two producing Areva uranium mines. In addition, the Company agreed to acquire ► UraMin's Nigerien exploration properties (the Kamas 1, 2, 3 and 4 and Dabala 3 and 4 prospects). The transfer of the exploration properties to the Company is subject to the authorisation of the Niger State Minister of Mines. The Directors are not aware of any reason why authorisation will not be received from the State (Minister of Mines).
However, no assurance can be given that such authorisation will be provided.

The combined NWT and UraMin exploration prospects (the 'Prospects') cover a total of 1,673,644 acres (equivalent to 6,773 square kilometres) and are all located in the ► Tim Mersoi basin in Niger. The Tim Mersoi basin is a recognised uranium province. Niger has been mining uranium since 1971 and past production from Niger's two operating mines exceeds 100,000 tonnes of uranium (approximately 2,600,000 lbs of U3O8) to the end of 2006.
Prospective investors should note that the Company has not prepared a resource classification of any kind, and particularly not under any of the modern standards such the JORC Code, SAMREC, IMMM or CIM Standards.

The Directors believe that the Company has the financial and technical resources at its disposal and in particular, to fast-track its exploration programme on the Prospects in Niger. Initial results from NWT's exploration programme combined with previous exploration results have enabled the delineation of high-priority areas. ► MSA Geoservices PTY (Limited) has prepared a competent persons report in the exploration properties ► (which will be included in full in the admission document). The Company is committed to an exploration expenditure in aggregate of ► US$4,400,000 in relation to the In Gall and Irhazer license areas and ► US$12,030,000 for the Kamas and Dabala license areas. On 27 June 2007, drilling commenced on the Irhazer and In Gall concessions. The phase one program included a total of 6,562 feet (2,000 meters) of mud rotary drilling. The drill program was focussed on high-priority areas near radioactive structural domes that were identified during earlier ground exploration.

► The Company will also consider other uranium opportunities worldwide. The Company's interest in a proposed investment and/or acquisition may range from a minority position to 100 per cent. ownership. The proposed investments may be either quoted or unquoted and may be in companies, partnerships, earn-in joint ventures, debt
or other loan structures, joint ventures or direct interests in natural resources projects.

The Directors intend to actively monitor any investments and/or acquisitions made by the Company.

The Directors believe that the current market conditions for uranium projects will provide good opportunities for investment in situations which are, in their opinion, undervalued or capable of producing a satisfactory return.

-------------------------------------------------------------


DETAILS OF SECURITIES TO BE ADMITTED INCLUDING ANY RESTRICTIONS AS TO TRANSFER OF THE SECURITIES (i.e. where known, number and type of shares, nominal value and issue price to which it seeks admission and the number and type to be held as treasury shares):
► 83,000,000 Ordinary Shares of US$0.01 each


CAPITAL TO BE RAISED ON ADMISSION (IF APPLICABLE) AND ANTICIPATED MARKET CAPITALISATION ON ADMISSION:
► No further capital is to be raised on Admission.
► Anticipated market capitalisation on Admission: £41 million

PERCENTAGE OF AIM SECURITIES NOT IN PUBLIC HANDS AT ADMISSION: 39.95%

DETAILS OF ANY OTHER EXCHANGE OR TRADING PLATFORM TO WHICH THE AIM SECURITIES (OR OTHER SECURITIES OF THE COMPANY) ARE OR WILL BE ADMITTED OR TRADED: N/A

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS (underlining the first name by which each is known or including any other name by which each is known):
James Mellon Chairman & Director
John Stalker Executive Deputy Chairman & Director
Marek Jozef Kreczemer Chief Executive Officer & Director
Neil Lindsey Herbert Non-Executive Director
Wayne Gordon Beach Non-Executive Director
John Paul Lynch Non-Executive Director

FULL NAMES AND HOLDINGS OF SIGNIFICANT SHAREHOLDERS EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL, BEFORE AND AFTER ADMISSION (underlining the first name by which each is known or including any other name by which each is known):

Shareholder Percentage of the issued share capital before and after Admission
► NWT Uranium Inc 38.50%

NAMES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES: None

(i) ANTICIPATED ACCOUNTING REFERENCE DATE
(ii) DATE TO WHICH THE MAIN FINANCIAL INFORMATION IN THE ADMISSION DOCUMENT HAS BEEN PREPARED
(iii) DATES BY WHICH IT MUST PUBLISH ITS FIRST THREE REPORTS PURSUANT TO AIM RULES 18 AND 19:
(i) 31 March
(ii) 30 June 2007
(iii) Interim results for the six months ending 30 September 2007 by 31 December 2007; Audited results for the year ending 31 March 2008 by 30 September 2008; and Interim results for the six months ending 30 September 2008 by 31 December 2008.

-------------------------------------------------------------

► EXPECTED ADMISSION DATE: Wednesday 13 September 2007

------------------------------------------------------------

NAME AND ADDRESS OF NOMINATED ADVISER:
Beaumont Cornish Limited
NAME AND ADDRESS OF BROKER:
Haywood Securities (UK) Limited

vanbrussel
29/8/2007
10:26
Niger Uranium, a mining business spun off from Uramin,
which has been taken over by Areva, the French state-owned nuclear group,
will unveil plans to float on Aim this week.

Financial Times by Rebecca Bream (08/28/07 03:00)

vanbrussel
25/8/2007
20:29
interesting.
gardenarc
25/8/2007
20:20
Got my cheque in $ sent by recorded delivery.It arrived on the 17th August.Exchange worked against me.All the same,it was worthwhile
italian tiger
23/8/2007
11:57
niger float now delayed to probably first week in Sept so that figures
seagreen
19/8/2007
13:09
You'll probably get your cash at the beginning of Sept as last day of trading on AIM is expected to be Sept 3.
postaq
14/8/2007
17:09
have any of u received your cash as yet?
ash999
07/8/2007
21:44
Does any one know what the value of the Niger shares are ? are they listed on the LSE ?
telstar2
07/8/2007
11:52
worth keeping an eye on the us/£ exchane rate these should be worth £3.82 now at $7.75 @$2.0261/£1 especialy if the US$ weakens.....8-)
seagreen
07/8/2007
11:48
Pap.....how about I am plain wrong and sory again!

Still I picked up a few by buying a holding pre July 31 which is good

seagreen
31/7/2007
06:47
Uramin Declaration of Dividend


RNS Number:1652B
UraMin Inc
31 July 2007

This release is not an offer to sell nor a solicitation of an offer to purchase
any securities. The securities referred to in this release will not be
registered under the United States Securities Act of 1933, as amended, or the
laws of any state and may not be offered or sold in the United States absent
such registration or an applicable exemption from such registration
requirements.


31 July 2007


UraMin Inc.

("UraMin" or "the Company")

UraMin Announces Declaration of Dividend relating to Shares of Niger Uranium Limited


UraMin has declared a dividend of 0.0985388 shares in the capital of Niger
Uranium Limited (Niger Shares) or cash (in United States dollars) in lieu
thereof, per UraMin ordinary share.



The dividend is payable to shareholders of record at the earlier of 5:00PM (EST)
on July 31, 2007 and immediately before CFMM Developpement (a wholly-owned
subsidiary of Compagnie Francaise de Mines et Metaux S.A) takes up and pays for
UraMin shares tendered under its takeover bid. All UraMin shareholders will be
entitled to the dividend whether or not they have tendered their shares to the
takeover bid. CFMM Developpement will not be involved in the payment of the
dividend.



UraMin shareholders resident outside of the United States and Canada will
receive the dividend in the form of Niger Shares.



For UraMin shareholders who are in the United States, the dividend will be paid
in cash as the distribution in the form of Niger Shares may not be permitted by
applicable United States securities laws.



The dividend will be paid in cash for UraMin shareholders who are resident in
Canada, except that Canadian resident UraMin shareholders who confirm in writing
that they are "accredited investors" under National Instrument 45-106-Prospectus
and Registration Exemptions will receive the dividend in the form of Niger
Shares. Such Canadian Accredited Investors must contact Computershare Investor
Services Inc. at (514) 982-7888, extension 7484, in order to receive
instructions on how to obtain, complete and submit a written declaration to
UraMin. Written declarations from such shareholders must be received prior to 5:
00 PM (Montreal time) on August 9, 2007. If a Canadian resident shareholder
holds UraMin shares through his broker or otherwise in the book-based system, he
must instruct his broker to complete such a declaration on his behalf in order
to receive the dividend in the form of Niger Shares. All Canadian shareholders
who do not provide such written declaration to UraMin prior to such time will
receive the dividend in the form of cash.



Distribution and payment of the dividend to all shareholders will be completed
on satisfaction of certain conditions precedent including the disposition of
Niger Shares to generate cash proceeds for payment to shareholders who will not
receive Niger Shares. Pending such distribution, UraMin will place the subject
Niger Shares into escrow.



For further information:



UraMin Inc:

South Africa

Neil Herbert, Finance Director

Tel: +27 (0)11 783 5056



Canaccord Adams (Nominated Adviser)

Robin Birchall

Tel: +44 (0) 20 7050 6500



Forward-Looking Statements:



This press release contains statements that are "forward-looking". Generally,
the words "expect," "intend," "estimate," "will" and similar expressions
identify forward-looking statements. By their very nature, forward-looking
statements are subject to known and unknown risks and uncertainties that may
cause our actual results, performance or achievements, or that of our industry,
to differ materially from those expressed or implied in any of our
forward-looking statements. Statements in this press release regarding the
proposed dividend and the takeover bid for the Company are "forward looking"
statements that involve risks and uncertainties. Actual results in each case
could differ materially from those currently anticipated in such statements.



Investors are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made.


This information is provided by RNS
The company news service from the London Stock Exchange
END

keston07
29/7/2007
13:50
seagreen, I beg to differ. This IS what the company originally envisaged, IF they got regulatory clearance, which thay obviously have. As I said at the time this was all in the original RNS but I assumed that your later informant was correct and they hadn't got clearance. It transpires your informant was wrong. It just goes to show you can only truly believe what see written in black and white from an official source.
papillon
28/7/2007
11:52
So are we saying that if you were/are a shareholder from 25th June you will be entitled to the dividend is that right?

Regs
b

brad44
27/7/2007
07:08
uk for sure and I guess canada
seagreen
26/7/2007
16:28
another rns on the jv for Niger.
Does anyone know yet - Assuming we do get the dividend paid in Niger shares, where will it be listed, Canada/UK/US??

martincc
26/7/2007
14:25
actually I just have gone long ........thanks for the heads up
seagreen
26/7/2007
14:17
yes it would appear I do .sorry......this was not what was orinally envisaged at all
seagreen
Chat Pages: 104  103  102  101  100  99  98  97  96  95  94  93  Older

Your Recent History

Delayed Upgrade Clock