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BRIEF-UraniumSA says demerger of Samphire project uranium assets

Published 06/04/2016, 04:14 pm
Updated 06/04/2016, 04:20 pm
© Reuters.  BRIEF-UraniumSA says demerger of Samphire project uranium assets

April 6 (Reuters) - Uraniumsa Ltd USA.AX :

* Demerger of samphire project uranium assets USA.AX

* Advises that directors propose a significant restructure of the co to protect and support the existing uranium assets

* Subject to shareholder approval, shareholders will receive pro-rata in-specie distribution of shares in restructured unlisted public co, sul

* The mandate with Taylor collision is anticipated to bring up to $1.0 million in new Uraniumsa equity - post the proposed demerger

* Source text for Eikon ID:nASXbvD0Bn

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