SXR
SXR
SXR - sxr Uranium One Inc - Uranium One Announces Change Of Auditor Following
Completion Of Arrangement
sxr Uranium One Inc
(Incorporated in Canada)
(Registration number: 15096422420)
Share code on the JSE: SXR & ISIN: CA87112P1062
Share code on the TSX: SXR & ISIN: CA87112P1062
sxr Uranium One Inc.
390 Bay Street, Suite 1610
Toronto, Ontario M5H 2Y2
Trading Symbol: SXR - Toronto Stock Exchange, JSE Limited (Johannesburg stock
exchange)
NEWS RELEASE
May 16, 2007
Uranium One Announces Change of Auditor Following Completion of Arrangement
Toronto, Ontario and Johannesburg, South Africa - sxr Uranium One Inc. announced
today that, in connection with the completion of the plan of arrangement under
the Business Corporations Act (British Columbia) pursuant to which the
Corporation acquired all of the issued and outstanding common shares of UrAsia
Energy Ltd., PricewaterhouseCoopers LLP has resigned as auditors of the
Corporation and that Deloitte & Touche LLP, the auditors of UrAsia, has been
appointed as successor auditors of Uranium One.
About Uranium One
sxr Uranium One is a Canadian-based uranium producing company with a primary
listing on the Toronto Stock Exchange and a secondary listing on the JSE Limited
(the Johannesburg stock exchange). The Corporation owns 70% of the operating
Akdala Uranium Mine in Kazakhstan and is also developing the South Inkai and
Kharasan Uranium Projects in Kazakhstan. Uranium One owns the Dominion Uranium
Project in South Africa, as well as the Honeymoon Uranium Project in South
Australia. The Corporation recently acquired the Shootaring Canyon Mill and
associated assets in the western United States. Uranium One is also engaged in
uranium exploration activities in the Athabasca Basin of Saskatchewan, South
Africa, Australia and the Kyrgyz Republic.
For further information, please contact:
Neal Froneman Chris Sattler
Chief Executive Officer Senior Vice President, Investor Relations
Tel: + 27 11 482 3605 Tel: + 1 416 671 3341
Cautionary Statement
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Statements in this release that are not historical facts are "forward-looking
statements" involving known and unknown risks and uncertainties which are beyond
the ability of the Corporation to control or predict and which could cause
actual events or results to differ materially from those anticipated in such
forward-looking statements. Uranium One expressly disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except in accordance with
applicable securities laws.
For further information about Uranium One, please visit www.uranium1.com
Date: 17/05/2007 07:22:01 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
