Boss Resources to Advance Newly Acquired Honeymoon Uranium Project, South Australia
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Boss Resources is moving ahead on its recently acquired Honeymoon Uranium Project in South Australia after appointing Grant Davey to the board as an executive director.
The company’s securities are in a trading halt pending a resource upgrade for the Honeymoon Uranium Project which was acquired in November 2015.
The trading halt will remain in place until not later than commencement of trading on January 20, 2016.
As part of the sale, the company had entered into an assignment deed whereby the vendor Uranium One agreed to transfer all the existing debt of A$157,959,779.75 that was previously owed by Uranium One Australia to Uranium One for $1.
Source: (January 18, 2016) Proactive Investors
About Boss Resources
Boss Resources is a metals exploration company.
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