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    Olma To Make Proposal To First Uranium

    Written by Investing News Network
    |
    May. 24, 2012 03:40PM PST

    Mining Weekly reported First Uranium (TSX:FIU) shareholder Olma Investments plans to submit a an alternative proposal to selling gold and uranium assets to its Board by Friday.

    Mining Weekly reported First Uranium (TSX:FIU) shareholder Olma Investments plans to submit a an alternative proposal to selling gold and uranium assets to its Board by Friday.

    As quoted in the market news:

    Betsky was responding to a letter First Uranium chairperson Peter Surgey sent to shareholders on Wednesday, which called his criticism of the sale of the Ezulwini and Mine Waste Solutions (MWS) operations in South Africa “irresponsible”, saying he lacked “proper understanding”.

    Click here to read the full Mining Weekly report.

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