UEX Corp UEXCF

RE:RE:RE:financing

[mangoe]

Troyahorse wrote: Interest free only 3 months from the closing expected August 3rd, After that if financing is not in place UEX will be charged 4% on the full $41 loan . If the magic does not work and UEX stock still trading in the in the mid to low 30" the financing is going to hurt UEX shareholders(all of us)as dilution will be much higher that at .50 to .-55 JMHO GLTA

- A total of C$20.5 million of the amount drawn under the Loan will be retired upon UEX transferring 50% of the JCU shares to Denison following the closing of the JCU Transaction.

- UEX may extend the Term Loan by an additional three months, in which case interest will be charged at a rate of 4% from the date of the initial advance under the Term Loan until maturity.