International Enexco reports: events at Mann Lake uranium property

- March 18th, 2009

International Enexco reports the change in Mann Lake Strategic  Alliance ownership structure. The Strategic Alliance structure is now 30% Enexco, 52.5% Cameco Corp. and 17.5% Areva. UEM is owned 50% by Cameco and 50% by Areva, therefore the change in structure does not change the beneficial ownership of the Mann Lake Project. Areva trades on the Paris Stock … Continued

International Enexco reports the change in Mann Lake Strategic  Alliance ownership structure.

The Strategic Alliance structure is now 30% Enexco, 52.5% Cameco Corp. and 17.5% Areva. UEM is owned 50% by Cameco and 50% by Areva, therefore the change in structure does not change the beneficial ownership of the Mann Lake Project. Areva trades on the Paris Stock Exchange and reported revenues of 13.2 billion euros in 2008.

For full details of this press release, click this link. To view International Enexco’s company profile, click here. Follow developments in resource mining and exploration for free. Sign on to The Resource Stock Watch.

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