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Market Cap: £5.67m
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EGM Requisition Withdrawn

17 Feb 2009 11:21

RNS Number : 4415N
Niger Uranium Limited
17 February 2009
 



For immediate release

17 February 2009

Niger Uranium Limited

("Niger Uranium" or the "Company")

EGM Requisition withdrawn

On 21 January 2009 the Niger Uranium Limited ("NUL") announced that it had received a requisition (the "Requisition") from NWT Uranium Corp. to convene an Extraordinary General Meeting ("EGM") under Section 82 of the BVI Companies Act, 2004, as amended, and the memorandum and articles of association of NUL. The proposed resolutions of the EGM included, inter alia, changes to the composition of the Board of NUL and a reference to a proposed private placement by NUL. 

The Directors of NUL are pleased to announce that NWT has written to the Company to withdraw the Requisition and accordingly, the proposed EGM will no longer be convened. 

The Board of NUL also announces that it will not proceed with the Private Placement.

Enquiries:

 

Niger Uranium Limited

Ian Stalker, Executive Chairman

Tel: +27 11 269-4900

Nominated Adviser, Beaumont Cornish Limited

Tel: +44 (0) 207 628 3396Michael Cornish

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
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