Yellow Cat Uranium Plc
Yellow Cat Uranium Plc:

Yellow Cat Uranium Plc / Interim Report

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Yellow Cat Uranium plc

Interim Report for the 6 months to 30th June 2008

Dear Shareholders,

During the 6 months to 30th June 2008, Yellow Cat Uranium plc incurred a
loss of £58,454, compared with £59,943 in the same period last year.

In view of the fall in uranium prices and the difficulty of raising finance
for exploration at present, Directors decided to look for other methods of
continuing to develop the properties in Utah and Colorado.  Accordingly, in
July, the Company entered into a heads of agreement with Global Uranium
Limited under which Global Uranium has agreed to spend up to USD 750,000
over the next 3 years on the properties in Utah and Colorado in order to
earn up to a 50% interest in these properties, with the option to increase
this interest to 75% by spending a further USD 1,250,000 over the
subsequent 2 years..

Directors are in talks to acquire coal properties in the USA and are
currently undertaking detailed due diligence and expect to make a further
announcement on this before the end of the year.

By Order of the Board

Mahesh N Patel

Director

17th September 2008 

Unaudited Consolidated Profit & Loss Account

For the six month period ended 30th June 2008    


        Period 01 January 2008    Period 01 January 2007 to  Year ended 31
        to 30 June 2008           30 June 2007               December 2007



                                    £              £              £
Turnover                            -              -              -
Cost of sales                       -              -              -
Gross Profit                        -              -              -
Administrative expenses          (59,231)       (56,224)        (259,924)
Currency loss                       (218)        (6,510)          (6,145)
Operating loss                   (59,449)       (62,734)        (266,069)
Interest receivable                   995          2,791            7,694
Interest payable                        -              -            (211)
Loss on ordinary activities
before taxation                  (58,454)       (59,943)        (258,586)
Taxation                                -              -                -
Loss on ordinary activities
after taxation                   (58,454)       (59,943)        (258,586)
Dividends                               -              -                -
Retained loss for the period
attributable
To shareholders of the
company                          (58,454)       (59,943)        (258,586)




Unaudited Consolidated Balance Sheet      
As at 30 June 2008      
 
                               30 June 2008   30 June 2007  31 Dec. 2007  


                                          £               £            £
Fixed Assets
Intangible Assets                      274,825         175,861     257,207
                                       274,825         175,861     257,207
Current Assets
Debtors                                 66,191          62,552      76,986
Cash at bank                           124,077         491,884     181,225
                                       190,268         554,436     258,211
Creditors – amounts
due within one year                   (38,224)        (44,320)    (31,038)
Net current assets / (liabilities)     152,044         510,116     227,173
Total assets less current
liabilities                            426,869         685,977     484,380
Share capital and reserves
Called up share capital                 93,000          89,000      93,000
Share premium account                  701,546         702,547     700,602
Treasury shares reserve                (4,000)           -         (4,000)
Foreign exchange reserve               (1,010)           -         (1,010)
Profit and loss account              (362,667)       (105,570)   (304,212)
Equity shareholders' funds             426,869         685,977     484,380




The financial information for the period ended 30 June 2008 has not been
audited and does not constitute statutory accounts within the meaning of
Section 240 of the Companies Act 1985.

 

The Directors of Yellow Cat Uranium plc accept responsibility for this
announcement.
18.09.2008  Financial News transmitted by DGAP
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