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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Mega Uranium Ltd | TSX:MGA | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.035 | -11.29% | 0.275 | 0.275 | 0.28 | 0.31 | 0.275 | 0.31 | 1,207,513 | 19:19:15 |
The Royalty is AUS$0.12 for each kilogram of yellowcake (U308) produced and sold from the Langer Heinrich property by certain subsidiaries of Paladin Energy Ltd and was acquired by Mega in 2006 as part of its acquisition of Redport Limited.
Mega also announces that it has made an additional equity investment of $750,000 in URC, as part of a larger special warrant financing completed by URC. The special warrants acquired by Mega under the private placement financing and as consideration for the Royalty, together with the common shares of URC previously acquired by Mega, represent approximately 7.5% of the outstanding common shares of URC, on a partially-diluted basis assuming the exercise of all of the special warrants held by Mega.
ABOUT MEGA URANIUM LTD.Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on uranium properties in Australia and Canada and a portfolio of equity investments in uranium-focused public and private companies. Further information on Mega can be found on the company’s website at www.megauranium.com.
For further information please contact:
Mega Uranium Ltd. Richard Patricio Chief Executive Officer and President T: (416) 643-7630 info@megauranium.com www.megauranium.com
1 Year Mega Uranium Chart |
1 Month Mega Uranium Chart |
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