VanEck Vectors Global Alternative Energy ETF

Published : November 30th, 2012

Crosshair Announces Termination Of Purchase and Sale Agreement with Strathmore Minerals Corp.

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Argentina | Canada | Market | Recovery | Report | Uranium | Vanadium |
Crosshair Announces Termination Of Purchase and Sale Agreement with
Strathmore Minerals Corp.
 
 
November 30, 2012                                                                      
 
Crosshair Energy Corporation (NYSE MKT: CXZ) (TSX: CXX) (�Crosshair� or the �Company�) announces that it has terminated the Purchase and Sale Agreement (the �Agreement�) dated October 29, 2010, between the Company and Strathmore Resources (US) Ltd. and Strathmore Minerals Corp. with respect to the sale, by Strathmore, of 100% of the Juniper Ridge property.
 
�In light of Crosshair�s new opportunity in Argentina, we have elected to terminate the 2010 purchase and sale agreement for the Juniper Ridge property in southern Wyoming in order to allocate our resources toward this immense prospect�, said Mark Ludwig, Crosshair President and Chief Executive Officer. �The Argentinian properties represent an opportunity to create long-term shareholder value on terms that can be much better managed in the current market environment than those associated with Juniper Ridge.�
 
As announced on October 25, 2012, Crosshair has entered into a Letter of Intent with Wealth Minerals Ltd. to acquire Wealth�s prospective uranium properties in Argentina; a land package encompassing more than 2,600 square miles (685,000 hectares) located in Salta, Catamarca, and Chubut provinces. The concession areas under consideration include the San Jorge Basin properties, Amblayo and Diamante Los Patos (see Crosshair news release dated October 25, 2012 for additional details).
 
About Crosshair
Crosshair is a prominent player in the exploration and development of uranium and vanadium projects in the US and Canada. Its Bootheel project has established resources and is located in uranium mining friendly Wyoming, while it�s CMB Uranium/Vanadium Project, located in Labrador, Canada, has four currently defined resources - C Zone, Area 1, Armstrong and Two Time Zone. Bootheel has the potential to be mined using in-situ recovery methods. The Crosshair team is composed of knowledgeable and experienced professionals with global experience in exploration, mining and corporate finance that are committed to operating in an environmentally responsible manner.
 
ON BEHALF OF THE CROSSHAIR BOARD

"Mark J. Morabito"
EXECUTIVE CHAIRMAN
 
 
For Investor Relations, please call:
Konstantine Tsakumis
T: 604-681-8030 x.232
F: 604-681-8039
E: info@crosshairenergy.com
www.crosshairenergy.com
 
Cautionary Note Regarding Forward-Looking Information
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. Forward-looking statements or information relate to, among other things the completion of the transaction with Wealth Minerals and the exploration potential of the Company's properties. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the risks associated with outstanding litigation, if any; risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in uranium and other commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume; tax consequences to U.S. shareholders and other risks and uncertainties, including those described in the Risk Factors section in the Company�s Annual Report on Form 20-F for the financial year ended April 30, 2012 filed with the Canadian Securities Administrators and available at www.sedar.com. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by law. Investors are cautioned against attributing undue certainty to forward-looking statements.
Copyright � 2012 Crosshair Energy Corporation, All rights reserved.
You are receiving this email because you have signed up for our mailing list.

Our mailing address is:
Crosshair Energy Corporation
1240-1140 West Pender St
Vancouver, BC V6E 4G1
Canada

Add us to your address book
  

.
Data and Statistics for these countries : Argentina | Canada | All
Gold and Silver Prices for these countries : Argentina | Canada | All

VanEck Vectors Global Alternative Energy ETF

DEVELOPMENT STAGE
CODE : STM.TO
ISIN : CA8630771035
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Strathmore Min. is a uranium development stage company based in Canada.

Strathmore Min. holds various exploration projects in USA.

Its main assets in development are ROCA HONDA and CHURCH ROCK in USA and its main exploration properties are GAS HILLS, COPPER MOUNTAIN PROPERTY, PINE TREE-RENO CREEK, MARQUEZ, DALTON PASS, NOSE ROCK, SKY PROPERTY, CHORD and SHIRLEY BASIN (WYOMING) in USA.

Strathmore Min. is listed in Canada, in Germany and in United States of America. Its market capitalisation is 12.8 millions as of today (US$ 12.3 millions, € 9.3 millions).

Its stock quote reached its lowest recent point on December 31, 2003 at 0.07, and its highest recent level on December 31, 2007 at 5.50.

Strathmore Min. has 47 442 200 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of VanEck Vectors Global Alternative Energy ETF
2007 Annual Report
Project news of VanEck Vectors Global Alternative Energy ETF
7/2/2013(Pine Tree-reno Creek)Completes Sale of Pine Tree-Reno Creek Uranium Royalty for U...
3/18/2013(Roca Honda)United States Forest Service Publishes Draft EIS for Strathm...
11/6/2012(Gas Hills)Submits Gas Hills, Wyoming Uranium Mine Permit Application
10/3/2012(Gas Hills)s Gas Hills Drilling Activities
6/26/2012(Gas Hills)Phase I US $8 Million Program Underway at Gas Hills, Wyoming
10/14/2011(Roca Honda)s Mine Permitting and Mill Licensing Activities at Roca Hond...
7/22/2011(Gas Hills)Targets Additional Gas Hills, Wyoming Mineral Potential of 3...
5/3/2011(Gas Hills)Resumes Development Drilling & Permitting Activities in Gas ...
4/6/2011(Church Rock)Receives Positive Scoping Study for ISR Mining at Its Church...
4/23/2008(Gas Hills)Completes Southwest Reno Creek, Wyoming NI 43-101 Technical ...
5/14/2007(Roca Honda)Receives Permit to Drill Roca Honda Project in New Mexico
3/2/2007Permitting Activities Underway At Sky, Wyoming Satellite Isr...
Corporate news of VanEck Vectors Global Alternative Energy ETF
8/27/2013Energy Fuels and Strathmore Provide Update on Energy Fuels' ...
8/20/2013Announces Shareholder Approval of Acquisition by Energy Fuel...
7/25/2013KEPCO Signs Support Agreements Supporting Energy Fuels' Acqu...
7/19/2013Obtains Interim Court Order for Arrangement With Energy Fuel...
6/19/2013Energy Fuels and Strathmore Minerals Announce Joint Webcast ...
6/12/2013Energy Fuels and Strathmore Minerals Execute Definitive Arra...
5/24/2013Energy Fuels Signs Letter of Intent to Acquire Strathmore Mi...
4/24/2013(Gas Hills)d Gas Hills NI 43-101 Technical Report Shows Significant Inc...
2/5/2013(Gas Hills)& KEPCO Continue Phase I Gas Hills Program
10/24/2012(Roca Honda)Reports Favourable Preliminary Economic Assessment & Updated...
9/13/2012Reports Positive Preliminary Economic Assessment for Copper ...
8/29/2012(Gas Hills)Files Gas Hills NI 43-101 Technical Report
7/3/2012Corp: Results of Annual & Special Meeting
6/4/2012Infographic=3A Strathmore Minerals & The Power of Uranium
5/11/2012Closes Acquisition of Saratoga Gold Company Ltd.
4/13/2012(Gas Hills)Further Updates Status of Church Rock & Gas Hills Technical ...
3/19/2012s Project Outlook for 2012
2/10/2012Completes Strategic Investment With KEPCO
2/1/2012Retransmission: Strathmore Announces Strategic Investment by...
1/7/2012(Church Rock)s Status of Gas Hills and Church Rock Technical Reports
12/6/2011(Church Rock)Provides Update on Securities Commission Review of Gas Hills...
8/19/2011(Church Rock)to Clarify Technical Disclosures Related to Gas Hills Techni...
8/5/2011& Korea Electric Power Corp. Enter Into a Binding Heads of A...
11/17/2009Corp: Still Super In Uranium Space
9/29/2008Online Presentations - David Miller and James Graham
6/26/2007& Yellowcake Advance Sky ISR Uranium Project
5/16/2007Acquires Additional Near-Surface Uranium Deposits in the Gas...
5/10/2007Makes Advances on Spin Off
5/9/2007Enters LOI for Joint Venture of Lake Athabasca North Shore P...
5/4/2007Extends Negotiations with Major International Corporation fo...
4/30/2007Receives Permit to Drill Sky Project in Fremont County,Wyomi...
4/19/2007Signs LOI with Yellowcake Mining Inc. for US $10 Million for...
4/10/2007Yellowcake Mining To Finance The Development Of Strathmore's...
4/6/2007Adds Clarification To News Release
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (STM.TO)FRANKFURT (UXP.F)
0.270-3.57%0.190+7.34%
TORONTO
CA$ 0.270
09/06 15:59 -0.010
-3.57%
Prev close Open
0.280 0.270
Low High
0.270 0.270
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.270 -%
Volume 1 month var.
70,000 -%
24hGold TrendPower© : 2
Produces
Develops Uranium
Explores for Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 12/9/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.08+0.50%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.91-2.73%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.60+0.17%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+10.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.06+0.00%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
 12.67+0.88%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.34+6.25%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+2.70%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
 1.77-2.21%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.37-0.22%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
VanEck Vectors Global Alternative Energy ETF profile | VanEck Vectors Global Alternative Energy ETF news | VanEck Vectors Global Alternative Energy ETF market Indicators | VanEck Vectors Global Alternative Energy ETF projects and resources | VanEck Vectors Global Alternative Energy ETF valuation | Go to VanEck Vectors Global Alternative Energy ETF properties | VanEck Vectors Global Alternative Energy ETF corporate presentation | VanEck Vectors Global Alternative Energy ETF annual report | VanEck Vectors Global Alternative Energy ETF management | VanEck Vectors Global Alternative Energy ETF interactive charts | VanEck Vectors Global Alternative Energy ETF free charts | VanEck Vectors Global Alternative Energy ETF TORONTO | VanEck Vectors Global Alternative Energy ETF FRANKFURT | VanEck Vectors Global Alternative Energy ETF Other OTC
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.