=======================================================================
Re: News Releases - Monday, November 02, 2009
Tournigan Closes $5.5 Million Dalradian Sale
=======================================================================
Vancouver, November 2, 2009---Tournigan Energy Ltd. (TVC: TSX-V; TGP:
Frankfurt) has completed the sale to SA Resources, Ltd. ("SA") of all
of the issued and outstanding shares of Dalradian Gold Ltd., the
Northern Irish company that holds the Curraghinalt gold licences.
SA acquired Dalradian from Tournigan in consideration for a total
payment of C$5.5 million. Of this amount, Tournigan received C$2.5
million in cash and the balance of C$3 million in the form of an
interest-free secured promissory note due on December 31, 2009.
About Tournigan
Tournigan is a uranium exploration and development company that has
built a portfolio of highly prospective assets in Slovakia, a member of
the European Union since 2004. Slovakia is economically and
politically stable, has excellent infrastructure and currently has four
nuclear reactors generating half of its electricity with two more under
construction. Tournigan is committed to safe and sustainable
exploration and mine development in Slovakia. In addition to
Kuriskova, Tournigan has several other exploration targets along the
Slovakian uranium belt which are showing positive exploration results.
TOURNIGAN ENERGY LTD.
"Dusty Nicol"
Dorian L. (Dusty) Nicol, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
For further information please contact: Knox Henderson, Tournigan
Energy Investor Relations, at (604) 683-8320, or visit
www.tournigan.com.
=======================================================================
Copyright (c) 2009 TOURNIGAN ENERGY LTD. (TSXV-TVC) All rights
reserved. For more information visit our website at
http://www.tournigan.com/ or send mailto:info@tournigan.com
=======================================================================
.
|
Marvel Discovery Corp.
|
|
EXPLORATEUR |
CODE : TVC.V |
ISIN : CA8915651035 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Tournigan Energy Ltd. est une société d’exploration minière d'or et d'argent basée au Canada. Tournigan Energy Ltd. détient divers projets d'exploration en Slovaquie. Ses principaux projets en exploration sont NOVOVESKA HUTA et KURISKOVA en Slovaquie et CURRAGHINALT en Irlande. |