North Shore Uranium Ltd NSU

Primary Symbol: V.NSU

Energy

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.

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North Shore Uranium Ltd

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Post by trader2dayon May 16, 2018 12:32pm

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Nevsun board dark on 'Euro Sun' offer

The board of Nevsun Resources has hit back at an unsolicited C$1.5 billion takeover bid from Euro Sun Mining and Lundin Mining, telling shareholders the proposal contains “serious deficiencies” and is “fundamentally uncertain”.

Euro Sun and Lundin have offered to pay C$5 a share for Nevsun, consisting of C$2 in cash, C$2 in Lundin shares and C$1 in Euro Sun shares.

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