Metals & Mining M&A » By The Online Investor Staff, updated Fri., Feb. 3, 12:44 PM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #71. Advanced Uranium Company — Minergia S.A.C.
Acquirer:
Advanced Uranium Company (CVE:AAZ.CA)
Acquiree:
Minergia S.A.C.
Details:
AZINCOURT URANIUM INC. ("Azincourt" or "the Company") (TSX VENTURE:AAZ ) a Saskatoon based uranium exploration and development company, announces further to its news release of November 22, 2013, that it has completed the acquisition of 100% of the issued shares of Minergia S.A.C. ("Minergia") a private Peruvian company (the "Acquisition") from Vena Resources Inc. ("Vena") and Cameco Global Exploration Ltd. ("Cameco"). Minergia owns 100% of the rights and interests in the advanced stage Macusani and early stage Muani uranium exploration projects in the Macusani district of south-eastern Peru covering a combined area of 14,700 hectares.
Azincourt Energy is a uranium explorer focused on Canada's Athabasca Basin. Co. is exploring the Patterson Lake (PLN) property. PLN lies in an under-explored area of the Athabasca Basin. It is immediately adjacent to Patterson Lake South. In addition, it is just 30 km south of the UEX/AREVA Anne and Collette uranium deposits near Shea Creek.
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