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U3O8 Corp. (UWEFF)

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0.1050-0.0033 (-3.06%)
At close: 10:51AM EDT
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  • GlobeNewswire

    U3O8 Corp. To Resume Trading

    U3O8 Corp. (NEX: UWE.H), (“U3O8” or the “Company”) reports that, further to the press release dated March 30, 2020, announcing that the Company would not be proceeding with the reverse takeover described in its March 2, 2020 press release, the Company’s submission to TSX Venture Exchange for the lifting of the halt on trading of the Company’s shares, has been accepted. Subject to final regulatory approval, trading of the Company’s common shares will resume on the NEX on opening of the market today, April 27, 2020. Company will continue to evaluate acquisition opportunities and other business opportunities that may become available to it in the context of the market, and of a strengthening uranium price, with a view to completing a reactivation transaction in accordance with the policies of the TSX Venture Exchange.

  • GlobeNewswire

    U3O8 Corp. Announces the Termination of the Binding Letter of Intent with Diagnostic Lab Corporation, Inc. and Postpones Reporting of Fourth Quarter and 2019 Full-Year Reporting Due to Delays Caused by COVID-19 Pandemic

    U3O8 Corp. (NEX: UWE.H), (OTCQB: UWEFF) (“U3O8” or the “Company”) announces that, further to the press release dated March 2, 2020, the letter of intent (“LOI”) between the Company and Diagnostic Lab Corporation, Inc. to negotiate and complete a proposed reactivation transaction, has been terminated in accordance with the provisions of the LOI, and the transaction contemplated therein will not proceed. The Company will continue to evaluate other acquisition opportunities with a view to completing a reactivation transaction in accordance with the policies of the TSX Venture Exchange. Submissions are being made to the TSX Venture Exchange to allow for the resumption of trading.

  • GlobeNewswire

    U3O8 Corp. Announces Proposed Reverse Takeover Transaction with Diagnostic Lab Corporation, Inc.

    U3O8 Corp. (NEX: UWE.H), (OTCQB: UWEFF) (“U3O8” or the “Company”) announces that it has entered into a binding Letter of Intent (“LOI”) dated March 2, 2020 with Diagnostic Lab Corporation, Inc. (“DLC”) whereby the business and assets of U3O8 Corp. and DLC will be combined by way of a share exchange between U3O8 Corp. and shareholders of DLC, constituting a “reverse-takeover” of U3O8 Corp. by DLC (the “Proposed Transaction”) under the policies of the TSX Venture Exchange (the “TSXV” or the “Exchange”).