Interesting move from Laramide....interesting time ahead....
Laramide to Acquire Major Strategic Interest in New Australian Uranium Company
...."TORONTO, ONTARIO--(CCNMatthews - Jan. 13, 2006) - Laramide Resources Ltd. (TSX VENTURE:LAM) is pleased to announce that it has committed to become the lead investor in a new Australian uranium company called Uranium Equities Limited ("UEL or the Company"). UEL will be the new name of an existing publicly listed ASX explorer and developer called Bullion Minerals Ltd (ASX: BLN) and will focus its activities solely on uranium exploration and development. BLN's other assets will be spun off to existing shareholders.
The new company will be headed up by Mr. Mark Chalmers who will be appointed as Managing Director of the Company. Until recently Mark was Senior Vice President and General Manager of Heathgate Resources, owner and operator of Australia's third uranium mine, the largest and most technically advanced in-situ leach uranium mine in the western world. ".....
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