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AngloGold Ashanti Limited (NYSE:AU) reports that it has entered into an agreement to acquire ownership over the 47,065,916 shares in First Uranium Corporation(TSE:FIU,JSE:FUM) .
AngloGold Ashanti Limited (NYSE:AU) reports that it has entered into an agreement to acquire ownership over the 47,065,916 shares in First Uranium Corporation(TSX:FIU,JSE:FUM) .
The press release is quoted as saying:
The acquisition was effected by AngloGold Ashanti for investment purposes. This investment will be reviewed from time to time by AngloGold Ashanti. Depending on various factors, including the receipt of applicable regulatory approvals, AngloGold Ashanti may in the future take such actions with respect to its investment in First Uranium as it deems appropriate including, without limitation, acquiring additional securities of First Uranium, selling or otherwise disposing of some or all of its securities of First Uranium or changing its intention with respect to any and all matters referred to above.
Click here to access the entire news release.
