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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 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:2606Z UraMin Inc 29 June 2007 NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES 29 June 2007 UraMin Inc. ("UraMin" or "the Company") The Company announces that it has issued a total of 507,000 new Ordinary Shares of no par value pursuant to the exercise of broker options. The shares are listed on the TSX and application has been made for these shares to be admitted to trading on AIM and it is expected that dealings will commence 4 July 2007. The securities referred to in this release will not be registered under the United States Securities Act of 1933 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 registration requirements. For further information: Neil Herbert, Finance Director Tel: +27 (0)11 783 5056 Nominated Advisor Canaccord Adams Robin Birchall Tel: +44 (0)20 7050 6500 Toronto Steve Vaughan Tel: +1 416 643 6924 Background Information: UraMin (www.uramin.com) was established in 2005 to acquire and develop mineral properties, predominantly uranium. UraMin is focused on advancing its 100%-owned Trekkopje uranium project in Namibia to the completed Definitive Feasibility Study stage. A trial mine is planned for the fourth quarter of 2007 and commercial production is planned for late 2008. The Company also has a feasibility study underway at its 90%-owned Bakouma uranium project in the Central African Republic and on its 74%-owned Ryst Kuil uranium project in South Africa. SRK is the lead consultant for the Ryst Kuil Project. UraMin intends to bring these near-surface open-pitable projects into production, utilizing efficient mining and processing methods currently in practice worldwide in similar deposits in a cost-effective manner. UraMin also has a number of exploration projects in both Africa (Chad, Niger, Senegal and Mozambique) and joint venture projects in Canada (the Rea Project within the Athabasca Basin in Alberta and the Labrador Project in Quebec) on which it is advancing exploration programs that could provide a pipeline of potentially economic uranium projects for the future. 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 Company's business or proposed business, which are not historical facts, are "forward looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent 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 LISPUUWGQUPMGMR
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