Western Uranium: Federal Court of Australia Approves Black Range Acquisition

Western Uranium Corporation (CSE:WUC) confirmed that the Federal Court of Australia has approved the company’s previously announced acquisition of Black Range Minerals.
As quoted in the press release, Western Uranium president and CEO, George Glassier, said:

We are pleased to have completed the legal steps necessary to complete the acquisition of Black Range. The previously announced results of the shareholder vote showed strong support for our strategy to build a near term production company in the western United States by merging the two companies. The Court approval now allows the merged company to move forward. Completion of the transaction is scheduled for mid-September. A presentation and site visit will be conducted in conjunction with the Annual General and Special Meeting of the Company which is being held in Naturita, Colorado, on September 11 and 12 2015.

Click here for the full press release.