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Delta Uranium Inc DLTUF



GREY:DLTUF - Post by User

Post by zebra999on Nov 15, 2012 12:09pm
210 Views
Post# 20604962

Delta Uranium Update

Delta Uranium Update

Toronto, Ontario CANADA, November 05, 2012 /FSC/ - Delta Uranium Inc. (NEX:DUR-H.V - News) ("Delta" or the "Company"),announces that it has sold a total of 1,500,000 common shares of Augustine Ventures Inc. (CNSX:WAW) ("Augustine") at $0.105 per share for proceeds of $157,500. The share sale transaction was effected by way of private sale and all parties to the transaction were at arm's length to both Delta and Augustine. The proceeds from the sale of the shares were used to pay down the amount due by Delta to Augustine under a secured promissory note dated June 20, 2012 (the "Note"). After giving effect to the transaction, the amount of approximately $68,000 of principal and accrued interest remains payable to Augustine pursuant to the Note.


For additional information contact:
Wayne Isaacs, Chairman and CEO
Tel: (416) 363-3582
news@deltauranium.com
www.deltauranium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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