First Uranium Corp Upate On Sale of Ezulwini Mine To Gold One

By Midnight Trader July 29, 2012, 09:43:45 PM EDT

First Uranium Corporation (FIU-UN.TO) announced that the closing date, as defined in the Gold One Agreement, occurred Friday as planned, and the implementation of the Gold One Transaction is expected to occur on August 1, 2012.

The corporation entered into a definitive agreement for the sale of First Uranium Limited, a wholly-owned subsidiary of the corporation which owns all of the shares of the Ezulwini Mining Company (Proprietary) Limited, to Gold One International Limited for $70 million in cash.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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