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Uranium One and UrAsia Energy Announce Combination to Create
Emerging Senior Uranium Company
Monday February 12, 3:55 am ET
TORONTO, ON, VANCOUVER, BC and JOHANNESBURG, South Africa Feb. 12
/CNW/ - sxr Uranium One Inc. ("Uranium One") and UrAsia Energy Ltd.
("UrAsia") are pleased to announce that the two companies have
entered into a definitive arrangement agreement whereby Uranium One
will acquire all of the outstanding common shares of UrAsia. The
acquisition will result in the creation of a new, globally
diversified uranium producer with an exciting growth profile and a
combined fully-diluted market capitalization of approximately US$5
billion. Subject to shareholder approval, the combined company will
continue under the name of Uranium One Inc. ...
http://biz.yahoo.com/cnw/070212/uranium_one_urasia.html?.v=1
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