Uranium Bay Resources reports its corporate update.

The Corporation would like to clarify a concern that has been raised by investors and shareholders stemming from rumours circulating in the investment community. The Corporation hereby confirms that it does not intend to proceed with any consolidation of its shares and that management shall not insert provisions to that effect in the circular to be sent to its shareholders and to be submitted at its upcoming Annual General Meeting of Shareholders as an item to be approved by shareholders.

UBR’s President and CEO, Mr. Bernard Tourillon says:

“UBR’s plans of going forward have not changed, upon receipt of the complete technical report, now being finalized, management and Board will work diligently to implement a strategy to ensure the long-term development of the UUP project.”

For full details of this press release, click this link. Uranium Investing News researchers discovered Uranium Bay’s project described on their website. Follow developments in uranium mining and exploration for free.
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