Cue Resources is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement between CUE and Uranium Energy whereby UEC will acquire all of the issued and outstanding shares of CUE. Under the terms of the Arrangement, each CUE shareholder will receive 0.0195 of a UEC [...]
Uranium Energy and Cue Resources are pleased to announce that they have entered into an Arrangement Agreement under which UEC will acquire all of the outstanding common shares of CUE by way of a plan of arrangement. Upon completion of the Arrangement, it is anticipated that approximately 2,336,260 shares of UEC's common stock will be issued to [...]
Cue Resources has filed on SEDAR a NI43-101 compliant Updated Technical Report showing a significant increase to the Mineral Resources at the Company's Yuty Project located near Yuty, Paraguay. Compared to previous estimates, the grade of the Measured and Indicated Resource has increased by 23%, and the metal content in these categories has [...]
Cue Resources advises that it has arranged for a short term loan to a maximum amount of $400,000. The Loan is to be provided by Resinco Capital Partners Inc., a major shareholder of the Company. The Loan will be advanced in multiple tranches and interest will be payable at a rate equal to the prime rate charged by the Royal Bank of Canada, plus 4 [...]
Cue Resources is pleased to announce a significant increase to the Mineral Resources at the Company's Yuty Project located near Yuty, Paraguay. Compared to the previous estimate, the grade of the Measured and Indicated Resource has increased by 23%, and the metal content in these categories has increase by 7%. As well, the metal content of the [...]
Cue Resources is pleased to announce results from the recent drill program at the San Miguel zone on the Company's 100% owned Yuty project in south-eastern Paraguay. As expected, the structure identified is much shallower than at Cue's San Antonio uranium deposit 10km to the south. Eleven holes returned cumulative grade times thickness (GT) values [...]
Cue Resources is pleased to announce positive results from the recently completed pump test on the Company's San Antonio uranium deposit, at the Yuty Project, in Paraguay. Based on the aquifer properties and recovery and injection rates, along with previously reported successful metallurgical testing (see release dated March 17, 2009), these [...]