European Uranium Resources Ltd. Not Proceeding with Portex Minerals Inc. Merger
April 01 2014 - 5:57PM
Business Wire
European Uranium Resources Ltd. ("EUU") (TSXV: EUU) has today
delivered notice to Portex Minerals Inc. that the December 20, 2013
arrangement agreement between Portex and EUU (the “Arrangement
Agreement”) is incapable of performance and is frustrated and
of no further force or effect. EUU has further notified Portex that
in any event, the Arrangement Agreement is terminated.
Accordingly, EUU will not be proceeding with the transactions
contemplated by the Arrangement Agreement.
EUU will provide a further update of its plans going forward in
the near future.
EUROPEAN URANIUM RESOURCES LTD.
"Dusty Nicol"
Dorian L. (Dusty) Nicol, President and CEOFor further
information please contact: Dorian (Dusty) Nicol, at (604)
536-2711, or visit www.euresources.com.
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.
European Uranium Resources Ltd.Dorian L. (Dusty) Nicol,
604-536-2711President and CEO
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