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Nufcor Uranium Ltd (UML)

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Tuesday 30 December, 2008

Nufcor Uranium Ltd

TSX Listing

RNS Number : 8564K
Nufcor Uranium Limited
30 December 2008
 



NUFCOR URANIUM LIMITED ('NUL' or 'the Company')


LISTING ON TORONTO STOCK EXCHANGE ('TSX')


Further to the Company's announcement of 6 October 2008, NUL is pleased to announce that the Company has obtained unconditional approval for its shares to be listed on the TSX, having fulfilled all listing conditions.


Accordingly, NUL's shares will commence trading on the TSX at 9:30am EST today, 30 December 2008 under the ticker NU (AIM: NU/). 


The shares will be fully fungible between AIM and the TSX, giving investors an effective fourteen hour trading day.


NUL remains committed to its listing on AIM and believes that the Company's profile and future potential will be enhanced by the additional listing on the TSX.


Commenting, Kelvin Williams, Chairman of NUL said:


'We are delighted to have received the necessary approvals for NUL's shares to be traded on the TSX.


'The Board believes that the listing will help improve the liquidity in NUL's shares and thereby increase their alignment with the underlying uranium price.  In addition, it will raise the Company's profile in North America and give it access to institutional and retail shareholders in Canada and the USA.


'We continue to believe that the long term outlook for uranium prices remains positive due to the ongoing strong demand forecasts and medium term supply restrictions.'



ENQUIRIES:


Nufcor Uranium Limited


Kelvin Williams 

+27 827 880 094

(Chairman)




Nufcor Capital Limited


Nick Hill

+44 207 184 5000

Rian Raghavjee 




Canaccord Adams Limited, Financial Adviser and Joint Broker


Ryan Gaffney

+44 207 050 6500

Adria Da Breo Richards




Deutsche Bank AG, Nominated Adviser and Joint Broker


Rupert Green 

+44 207 545 8000



Smithfield


Rupert Trefgarne 

+44 207 360 4900



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