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Mawson acquires 6 million Hansa Resources shares

Fri, Jul 25, 2008

Uranium Company News

Mawson Resources Limited reports it has filed an early warning report with respect to Hansa Resources shareholding today.

Mawson has acquired 6,000,000 common shares of Hansa (the “Hansa Common Shares”). As provided under the Agreement, in exchange for 25 exploration claims and 1 mining lease (the “Claims”) Mawson has been issued the Hansa Common Shares, paid C$250,000 cash and granted a 2% net smelter royalty on future production from some of the Claims (the “Purchase and Sale”). Prior to the closing of the Purchase and Sale, Mawson owned no shares of Hansa. The Hansa Common Shares represent 14% of the issued and outstanding share capital of Hansa.

For full details of this press release, click this link. Uranium Investing News researchers discovered Mawson’s early warning report described on their website. Follow developments in uranium mining and exploration for free. Sign on to the Uranium Investing Newsletter.

 

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3 Comments For This Post

  1. Craig Lilley Says:

    My commnet does not pertain to this specific article.My comment is that there were 0 comments on record for every one of your recently printed stories. This is a reasonable sign that investor sentiment is not yet re-focused on the uranium sector.

    The question remains at what point will buyers return to the market and in what numbers.

  2. Mike Rodger Says:

    Mr. Lilley,

    No there are very few comments on the site, but personally I think that more reflects the time of year rather than general investor sentiment. That said, general investor sentiment hasn’t been very positive for a while. It will be interesting to see what September brings when people are back from summer holidays.

  3. Craig Lilley Says:

    I am hoping you are right!
    I have much at stake in u3o8
    and with that, like your other readers I shall disappear for the next 2+ weeks.

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