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    Pancontinental Uranium’s JV Partner Receives $1.2 Million Investment from New Board Member

    Investing News Network
    Aug. 08, 2013 06:53AM PST
    Company News

    Pancontinental Uranium Corporation (TSXV:PUC) announced that its JV partner, Crossland Strategic Metals Limited (ASX:CUX) has appointed a new member to the board, Sia Hok Kiang, who will be making a common share investment of about $1.2 million.

    Pancontinental Uranium Corporation (TSXV:PUC) announced that its JV partner, Crossland Strategic Metals Limited (ASX:CUX) has appointed a new member to the board,  Sia Hok Kiang, who will be making a common share investment of about $1.2 million.

    As quoted in the press release:

    Mr. Sia is Managing Director of the successful Malaysian private mining company, Malaco Mining Sdn. Bhd. He is a graduate of the University of Malaya in Applied Geology and an economic geologist with more than 30 years world-wide experience. He is an active member of the Malaysian Geological Society and a Council Member of the Malaysian Chamber of Mines.

    Pancon President and CEO, Rick Mark, said:

    This is a very positive development for our Charley Creek Heavy(HREE) and Critical(CREE) REE Project, located in the Northern Territory, Australia. Not only have Crossland confirmed a substantial investment to help move the project forward, they have added relevant experience and expertise in REE alluvial mining and marketing.

    To view the whole press release, click here. 

    alluvial miningstrategic metalsaustraliaasx:cuxtsxv:puc
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