By: Henry Lazenby
Peru-focused uranium explorers Macusani Yellowcake and Azincourt Uranium on Friday announced that they had inked a nonbinding letter of intent under which Macusani could acquire all of Azincourt’s neighbouring uranium properties on the Macusani Plateau for 68.35-million Macusani shares.
If the... →
By: Matthew Hill
TSX-V- and Frankfurt-quoted Macusani Yellowcake said on Friday it agreed to buy Southern Andes Energy to grow its uranium exploration tenements in south-east Peru in an all-share deal.
The friendly takeover will see Macusani’s shareholders owning 65% and TSX V-listed Southern Andes 35% of the... →
By: Creamer Media Reporter
Australia-based mining company Ram Resources has entered into a heads of agreement with TSX-listed uranium explorer Macusani Yellowcake, to sell its Corachapi and Kihitian uranium projects, in Peru, for C$500 000.
A deposit of C$25 000 was required as well as a cash payment on settlement of... →