Uranio AG
Uranio AG: Announcement
Uranio AG / Enterprise 04.03.2010 18:28 Dissemination of a Media Release, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Basel, 4th March 2010 Uranio AG is a Swiss based exploration company focused on the exploration and development of uranium deposits worldwide. Its shares are traded on the Frankfurt Stock Exchange under the WKN: A0M KD4 (ISIN: CH0028827852) The Company owns more than 80.000 hectares of exploration licences in Argentina and two consessions in the world famous Central African Republic uranium area Bakouma known as Bakouma North and Ndenguiero. More details on www.uranio.ch Following the announcement of the 5th of November 2009, the Board of Uranio AG received a letter from the Chinese Group withdrawing the original offer for its Bakouma properties and proposing to the Board to renegotiate the terms. On the other hand, Uranio AG is presently holding detailed discussions with two other different Groups in regards of possible Joint Ventures for its Bakouma uranium concessions in the Central African Republic and the Argentinean Concessions. Uranio AG will analyze the different offers and evaluate, which alternative is the most attractive for its shareholders. On behalf of the Board of Uranio AG, Luca Tenuta (CEO) www.uranio.ch 04.03.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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