BRIEF-Global Uranium And Enrichment Announces Combination With Snow Lake

Reuters10-06

BRIEF-<a href="https://laohu8.com/S/GURFF">Global Uranium</a> And Enrichment Announces Combination With <a href="https://laohu8.com/S/LITM">Snow Lake</a>

Oct 6 (Reuters) - Global Uranium and Enrichment Ltd GUE.AX:

SNOW LAKE AND GLOBAL URANIUM AGREE COMBINATION
GLOBAL URANIUM SHAREHOLDERS WILL RECEIVE A$0.0968 IN SNOW LAKE SHARES FOR EACH GUE SHARE HELD
CONSIDERATION IMPLIES AN EQUITY VALUE FOR GLOBAL URANIUM OF A$44.5 MILLION
INDEPENDENT GUE BOARD UNANIMOUSLY RECOMMENDED GUE SECURITYHOLDERS VOTE IN FAVOUR OF SCHEMES

Further company coverage: GUE.AX

((Reuters.Briefs@thomsonreuters.com;))

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