U3O8 and Calypso Uranium are pleased to announce the completion of the acquisition of Calypso by U3O8 Corp. The Acquisition expands U3O8 Corp's strategic land position around the state-owned Cerro Solo and Sierra Pintada uranium deposits in Argentina and adds approximately $3.3 million in working capital.
Calypso Uranium is pleased to announce that the acquisition of Calypso by U3O8 was approved at Calypso's annual general and special meeting of shareholders today. The acquisition of Calypso by U3O8 through a court-approved plan of arrangement under the Business Corporations Act, British Columbia, was announced on March 11, 2013. Under the terms of [...]
Calypso Uranium is pleased to announce that it has entered into a definitive agreement with U3O8 whereby U3O8 Corp. will acquire, through a court-approved plan of arrangement under the Business Corporations Act, British Columbia, all of the outstanding common shares of Calypso for total consideration of approximately C$3.8 million payable in shares [...]
U3O8 Corp. has signed a definitive agreement to acquire all of the shares of Calypso Uranium Corp. The acquisition will expand U3O8 Corp's strategic land position around the state-owned Cerro Solo and Sierra Pintada uranium deposits in Argentina and adds about $3.3 million in cash in exchange for 20,252,327 common shares of U3O8 Corp.
Calypso Uranium is issuing this news release as a result of a review by the British Columbia Securities Commission and to clarify previous disclosure. The Company's La Pintada Project is located in Mendoza Province, Argentina. The Company's website previously included disclosure of a uranium resource estimate for the La Pintada Project.
Calypso Uranium provides an update on operational activities in Argentina and the USA. The Company has placed all operations in Argentina on care and maintenance and has closed the Mendoza office and let go all but essential personnel required to maintain the current Argentine land holdings. In addition, the Company's subsidiary Sage Creek [...]
Calypso Uranium announced the Company has been provided with notice by Cameco Global Exploration that Cameco will not be exercising its right to proceed with the third year of the Option Agreement among Cameco, Calypso, and Calypso's wholly owned subsidiary Energia Mineral Inc. Calypso has been advised the decision is in no way a reflection on [...]
The Company had filed a claim before the Argentine Supreme Court requesting the Court to declare Law No. 7,722 enacted by the Province of Mendoza unconstitutional on the grounds that it is discriminatory, arbitrary and violates the Company's right to conduct a lawful business. The Argentine Supreme Court has declined to hear the case brought by the [...]
Calypso President Stephen Barley is pleased to announce the second significant discovery of surface uranium mineralization at its San Jorge Basin Project, Argentina. The Company has also received additional positive results from the follow up program at the first discovery zone announced in August. These discoveries were the results of the initial [...]
Calypso President Stephen Barley is pleased to announce that Energia Mineral Inc., Calypso's wholly owned subsidiary in Argentina, has discovered surface uranium mineralization at the San Jorge Basin Project, and that preliminary assessments of geological information from the Neuquen Basin drilling programs confirm the geological model developed by [...]