Uranio AG
Uranio AG signs MOU to secure electricity In the Central African Republic
Uranio AG / Miscellaneous/Miscellaneous 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. ----------------------------------------------------------------------Uranio AG Hirschgässlein 30 Frankfurt: UAI WKN: A0MKD4 www.uranio.ch CH-4051 Basel Telefon: +41(61)271 27 70 Switzerland Telefax: +41(61)271 27 71 News Release 8-2008 Basel, 10th October 2008Uranio AG signs MOU to secure electricity In the Central African Republic. Uranio AG is pleased to announce that it has entered into a Memorandum of Understanding with Hydrofinance Limited to secure the electricity necessary for the development of their Uranium projects in the Bakouma region in the Central African Republic. The directors are very pleased as the agreement underpins the viability of their projects as well as the emergence of the area as a major Uranium producing province. The region has been recently subject to a variety of deals in the Resource sector, in particular the signing of an agreement between French Nuclear Company Areva and China Guangdong Nuclear Power Co and Chinas Sovereign Wealth Fund to take a 49% of Uramin (Shanghai Daily 9.10.). The subsidiary of Areva, Uramin, is the owner of the Bakouma Uranium deposit adjoining Uranio's licenses. On behalf of the Board of Directors 'David Risbey' Director Disclaimer: This document was prepared by Uranio AG. The opinions stated herein are those of Uranio AG at the time of publication and are subject to change at any time. The document is only for the purpose of information and use by its recipient. It is neither an offer nor an invitation to purchase or sell Uranio AG shares. A reference to the performance of the past shall not be understood as an indication of future developments. The information and analysis contained in this publication have been compiled from sources that are deemed to be reliable. However, Uranio AG gives no guarantee with regard to their reliability and completeness and rejects any claim for damages that may be the result of use of this information. 10.10.2008 Financial News transmitted by DGAP ----------------------------------------------------------------------
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