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URU Metals Ltd Announces Sale of UrAmerica Plc Assets and Appointment of New Auditor


Friday, 5 Apr 2013 02:00am EDT 

URU Metals Ltd announced the sale of the Company's entire share holdings of UrAmerica Plc. for a purchase price of GBP200,000. The purchaser was Huntress (CI) Nominees Ltd. The Company held 4,421,000 shares of UrAmerica, a private company exploring for uranium in Argentina. The Company's shareholding, purchased in 2008, represented approximately a 7.36% equity interest in UrAmerica. As a result of this transaction, the Company will cease to be a shareholder in UrAmerica. The Company also announce the appointment of Price Waterhouse Coopers as the Auditor of the Company, with immediate effect. 

Company Quote

1.375
-0.075 -5.17%
19 Dec 2014