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Article: U.S. Energy Corp. and sxr Uranium One Sign Definitive Agreement.
- Article from:
- PR Newswire
- Article date:
- February 23, 2007
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U.S. Energy and Crested Corp. to Receive 6.6 Million Uranium One Shares and Additional Consideration for Sale of Uranium Properties
RIVERTON, Wyo., Feb. 23 /PRNewswire-FirstCall/ -- U.S. Energy Corp. and Crested Corp. (BULLETIN BOARD: CBAG) , natural resource exploration and development companies, today announced the signing of a definitive Asset Purchase Agreement ("APA") for the sale of their uranium assets to sxr Uranium One Inc. (Toronto and Johannesburg Stock Exchange: SXR), in accordance with an Exclusivity Agreement announced July 10, 2006. Uranium One shares closed at a price of $17.68 on the Toronto Stock Exchange on February 22, 2007 (equivalent to ...