Block Admission Notification
14 Giugno 2007 - 1:11PM
UK Regulatory
RNS Number:3559Y
UraMin Inc
14 June 2007
14 June 2007
UraMin Inc.
("UraMin or "the Company")
Block admission - Schedule 8 notification
UraMin Inc. announces details of shares issued under the Block Admission
Arrangement announced on 21 June 2006.
Name of the scheme 2005 Warrants Block Admission Arrangement
Period of return From 16 December 2006 to 31 May 2007
Number and class of securities not issued under the scheme at 17,627,968 Ordinary Shares of no par value
the start of the period
Number of securities issued under the scheme during the period 8,300,472
Balance under the scheme of securities not yet issued at the 9,327,496
end of the period
Number and class of securities originally admitted and the date 174,175,792 Ordinary Shares of no par value each,
of admission admitted 21 April 2006
Total number of securities in issue at the end of the period 277,808,763
For further information:
Neil Herbert, Finance Director
Tel: +27 11 783 5056
Nominated Advisor
Canaccord Adams Limited
Robin Birchall
Tyler Broda
Tel: +44 20 7050 6500
Toronto
Steve Vaughan
Tel: +1 416 643 6924
UraMin (www.uramin.com) was established in 2005 to acquire and develop mineral
properties, predominantly uranium. Following the private placement the Company
currently working capital of approximately US$285 million and a market
capitalization of approximately US$2 billion on an undiluted basis. UraMin
(www.uramin.com) is traded on the Alternative Investment Market of the London
Stock Exchange plc and the Toronto Stock Exchange under the symbol UMN.
UraMin is currently focusing on the development of its advanced stage
exploration projects at Trekkopje in Namibia, Bakouma in the Central African
Republic and Ryst Kuil in South Africa. Through a South African joint venture,
UraMin also enjoys additional prospecting license applications for important
uranium deposits in the Karoo, South Africa. No assurance can be given that
remaining applications for prospecting licenses will be successful.
Forward-Looking Statements:
This press release contains statements that are "forward-looking". Generally,
the words "expect," "intend," "estimate," "will" and similar expressions
identify forward-looking statements. By their very nature, forward-looking
statements are subject to known and unknown risks and uncertainties that may
cause our actual results, performance or achievements, or that of our industry,
to differ materially from those expressed or implied in any of our
forward-looking statements. Statements in this press release regarding the
Company's business or proposed business, which are not historical facts, are
"forward looking" statements that involve risks and uncertainties, such as
estimates and statements that describe the Company's future plans, objectives or
goals, including words to the effect that the Company or management expects a
stated condition or result to occur. Since forward-looking statements address
future events and conditions, by their very nature, they involve inherent risks
and uncertainties. Actual results in each case could differ materially from
those currently anticipated in such statements.
Investors are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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