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EUROPEAN URANIUM RESOURCES LTD V.EUU

"European Uranium Resources Ltd is engaged in the identification, acquisition, exploration and, if warranted, development of mineral resource projects. Its projects are Kuriskova Uranium Deposit and Novoveska Huta uranium deposit."


TSXV:EUU - Post by User

Post by HORNDOG22on Apr 14, 2014 8:36pm
230 Views
Post# 22450428

Clarification

Clarification
Are we part of all 4 or just the first one? 1. Forte will issue 854,875,000 fully paid ordinary shares with an approximate value of $7,000,000, which the Company intends to distribute on a pro-rata basis to the shareholders of Company; 2. Forte will issue 61,062,500 fully paid shares to Company, with an approximate value of $500,000; 3. Forte will pay the Company $1,000,000 on closing; and 4. Forte will grant Company a 1% production royalty over the Kuriskova and Novoveska Huta uranium licenses in perpetuity. Read more at https://www.stockhouse.com/news/press-releases/2014/04/04/european-uranium-resources-proposes-to-sell-slovak-uranium-projects#L0fhX5ruSqHgZpMS.99
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