Column: West plugs defences as China cranks up aluminum output
China's primary aluminum smelters are producing record amounts of metal and the domestic market surplus is spilling out of the country.
NOT FOR DISSEMINATION IN THE UNITES STATESALL AMOUNTS EXPRESSED ARE IN CANADIAN DOLLARS
Toronto, Ontario--(Newsfile Corp. - September 4, 2024) - Puranium Energy Ltd. (CSE: UX) (FSE: 2DK) (the "Company" or "Puranium") is pleased to announce it is arranging a shares for debt settlement (the "Settlement") for approximately $32,000 in connection with outstanding debts the Company owes various creditors.
In accordance with applicable Canadian securities laws, all securities issued pursuant to the Settlement will be legended with a hold period of four months and one day from the date of issuance.
On behalf of the Board,
Jason Bagg,President & CEO, Director
About Puranium Energy Ltd.
Puranium Energy is focused on uranium exploration on its 85% interest in five EPLs (the "Estate Uranium Properties") totalling 81,955 hectares in the Erongo Province of Namibia, which accounts for approximately 8% of the world's uranium production.
For more information, please contact investor relations at [email protected].
Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release.
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based on are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222175
