Uranium Focused Energy Fund reports its intention to make a normal course issuer bid with the Toronto Stock Exchange. This normal course issuer bid will commence on April 16, 2010 and will terminate on April 15, 2011. In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its normal [...]
Global Uranium Fund reports that it has filed a preliminary prospectus relating to an offering of warrants to equity shareholders of the Company. Each shareholder will receive one Class C warrant for each equity share held on a record date which will be set upon filing of the final prospectus. Successful completion of the warrants offering [...]
Uranium Participation Corporation reports its net asset value at April 30, 2009. Uranium Corp has agreed to purchase 100,000 pounds of U3O8 for US$4,600,000 and 470,000 KgU as UF6 for US$62,000,000. Delivery of the U3O8 is anticipated in June 2009 and delivery of the UF6 is anticipated at various dates over the balance of the [...]
Mineweb reports RCR expects uranium price to be between $50-$65 in the next 3 months. The uranium spot price traded at $55/lb at the beginning of the quarter, after it briefly fell to $45/lb late October and early November as a result of liquidity driven sales by uranium funds. The current spot price is $54/lb compared to [...]
Wednesday, April 14, 2010