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     414  0 Kommentare Clean Power Plan to Boost Nuclear Power in USA

    GREENWOOD VILLAGE, COLORADO--(Marketwired - Aug. 4, 2015) - AZARGA URANIUM CORP. (TSX:AZZ)(OTC PINK:PWURF)(FRANKFURT:P8AA) ("Azarga" or the "Company") welcomes the recognition of the important role of nuclear in the reduction of CO2 as stated in the Clean Power Plan (the "Plan") announced on 3 August 2015 by President Obama and the Environmental Protection Agency of the USA.

    A core element of the Plan allows US states to take credit for future carbon-free electricity generated by nuclear power in meeting the significant carbon dioxide emission reduction targets being set in the Plan. Such credits will apply from nuclear power plants currently under construction or that will be proposed and commence construction in the future.

    The nuclear power industry, the core end user for uranium, is already in a strong growth phase. According to the World Nuclear Association, there are 67 new nuclear reactors under construction globally today, representing approximately 19% capacity growth over the existing operable nuclear power plant fleet. Of these new facilities, most are in China, Russia and India. The USA has the fourth most reactors under construction at five. Another five nuclear plants are currently proposed for the USA.

    Azarga believes the unique role of nuclear power in providing carbon-free base-load power is likely to see additional growth to come.

    "The Clean Power Plan for the USA is a great boost to the potential for nuclear power to grow in what is currently the largest nuclear power producing country in the world," said Alexander Molyneux, Chairman of Azarga. He went on to say "the Plan highlights the importance of future uranium supply particularly when we consider the USA has a significant domestic supply shortfall."

    About Azarga Uranium Corp.

    Azarga is a mineral development company that owns six uranium projects, deposits and prospects in the USA (South Dakota, Wyoming and Colorado) and Kyrgyzstan together with investment holdings in Anatolia Energy Limited (ASX:AEK - 12% legal ownership) and Black Range Minerals Limited (ASX:BLR - 19% legal ownership). The Dewey Burdock Project in South Dakota is the main initial development priority, which has received its Nuclear Regulatory Commission License and is in the process of completing all other major regulatory permit approvals necessary for operation of the project including those from the Environmental Protection Agency and the South Dakota Department of Natural Resources.

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    Clean Power Plan to Boost Nuclear Power in USA GREENWOOD VILLAGE, COLORADO--(Marketwired - Aug. 4, 2015) - AZARGA URANIUM CORP. (TSX:AZZ)(OTC PINK:PWURF)(FRANKFURT:P8AA) ("Azarga" or the "Company") welcomes the recognition of the important role of nuclear in the reduction of CO2 as stated in the …