Unsolicited for First Uranium

Mineweb reported First Uranium (TSX:FIU) received an unsolicited offer for its Ezulwini mine in South Africa.

As quoted in the market news:

First Uranium, which has a market value of about $29 million, said on Tuesday Waterpan Mining Corp and Transalloys Ltd offered to pay $80 million for the gold-uranium mine. The offer includes $10 million to be paid in advance as short-term bridge financing.

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