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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:4444S UraMin Inc 06 March 2007 NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES 6 March 2007 UraMin Inc. ("UraMin" or "the Company") The Company announces that it has issued a total of 1,798,000 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 to listing on the TSX and it is expected that dealings will commence 12 March 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 UK Media Enquiries Financial Dynamics Ben Brewerton / Ed Westropp Tel: +44 20 7831 3113 Background Information: UraMin (www.uramin.com) was founded in February 2005 and its shares are traded on the AIM market of the London Stock Exchange and the Toronto Stock Exchange under the symbol 'UMN'. The Company was established to acquire and develop mineral properties, predominantly uranium. The Company currently has working capital of approximately US$88 million and a market capitalization of approximately US$1 billion on an undiluted basis. UraMin is currently focusing on the development of its advanced stage exploration projects at Trekkopje in Namibia, Bakouma in the Central African Republic and Ryst Kuil in South Africa. Through a South African joint venture, UraMin also enjoys additional prospecting license applications for important uranium deposits in the Karoo, South Africa. No assurance can be given that remaining applications for the prospecting rights in the Ryst Kuil Channel of the Karoo or elsewhere in South Africa will be successful. 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 IOEQQLFBDXBXBBX
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