Powertech Terminates Land Agreements

North Colorado Business Report reports  on Powertech’s (TSX:PWE) termination of two option agreements with area landowners.

The market news is quoted as saying;

“It remains the objective of both the company and the optionors to continue to explore a relationship or transaction to work together to develop the uranium resources held by the optionors,” according to the statement. “As a result of  the termination of the agreement, the report indicated and inferred resources at the company’s Centennial project will be reduced by approximately 1.1 million pounds.”

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