| Thu 8 Dec 2011, 16:42 | | UUU - Uranium One Inc - Uranium One Completes US$463.5 Million Bond Offering in |
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UUU - Uranium One Inc - Uranium One Completes US$463.5 Million Bond Offering in
Russia
Uranium One Inc
(Incorporated in Canada)
(Registration number: 15096422420)
Share code on the JSE: UUU & ISIN: CA91701P1053
Share code on the TSX: UUU & ISIN: CA91701P1053
News Release
December 8, 2011
Uranium One Completes US$463.5 Million Bond Offering in Russia
Toronto, Ontario - Uranium One Inc. ("Uranium One" or the "Company") today
announced that, further to its press release dated December 5, 2011, it has
completed its offering of bonds (the "Bonds") in Russia for aggregate gross
proceeds of U.S.$463.5 million. The Bonds will commence trading on the Russian
MICEX stock exchange on December 14, 2011 under the symbol RU000A0JRTS1.
The co-lead managers of the offering were Troika Dialog and Gazprombank.
Citigroup acted as financial advisor to Uranium One and Fasken Martineau
DuMoulin LLP and Linklaters were legal advisors to Uranium One.
About Uranium One
Uranium One is one of the world`s largest publicly traded uranium producers with
a globally diversified portfolio of assets located in Kazakhstan, the United
States, and Australia.
For further information, please contact:
Chris Sattler
Chief Executive Officer
Tel: + 1 647 788 8500
Anton Jivov
Director, Corporate Development and Investor Relations
Tel: +1 647 788 8461
Cautionary Statements
No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein.
Forward-looking statements: This press release contains certain forward-looking
statements. Forward-looking statements include but are not limited to those with
respect to the use of the proceeds of the offering and sale of the Bonds
referred to herein. In certain cases, forward-looking statements can be
identified by the use of words such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes" or variations of such
words and phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved. Forward-
looking statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of
Uranium One to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements. Such risks
and uncertainties include, among others, the completion of the transactions in
which Uranium One is engaged or expects to be engaged, the state of the capital
markets, changes to the content or application of the relevant laws or
regulations, the future steady state production and cash costs of Uranium One,
the actual results of current exploration activities, conclusions of economic
evaluations, changes in project parameters as plans continue to be refined,
possible variations in grade and ore densities or recovery rates, failure of
plant, equipment or processes to operate as anticipated, accidents, labour
disputes or other risks of the mining industry, delays in obtaining government
approvals or financing or in completion of development or construction
activities, risks relating to the integration of acquisitions and the
realization of synergies relating thereto, to international operations, to
prices of uranium as well as those factors referred to in the section entitled
"Risk Factors" in Uranium One`s Annual Information Form dated March 31, 2011 for
the year ended December 31, 2010 and the section entitled "Risks and
Uncertainties" in Uranium One`s Management`s Discussion & Analysis for the
period ended September 30, 2011, each of which is available on SEDAR at
www.sedar.com, and which should be reviewed in conjunction with this document.
Although Uranium One has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended.
There can be no assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements.
Accordingly, readers should not place undue reliance on 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.
Sponsor
Nedbank Capital
Date: 08/12/2011 16:42:26 Produced by the JSE SENS Department.
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