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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

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.


TSXV:NSU - Post by User

Post by Demon11on Aug 14, 2018 3:19pm
120 Views
Post# 28459185

19.9% -- and 20% rule -- clarifciation

19.9% -- and 20% rule -- clarifciation a take over bid is triggered under securty regulations when a bid for 20% of the shares are made --  since NSU is looking for only 19.9 % participation it is even more clear that they do not want to be in a 'take-over' situation --

NSU does not want to sell the company --- they intend to proceed to develop TIMOCK 
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