Only 17m sharesACQUISITION OF URANIUM ASSETS IN SOUTHERN AFRICA...

Only 17m shares

ACQUISITION OF URANIUM ASSETS IN SOUTHERN AFRICA AND TANZANIA

The Directors of OmegaCorp Limited (“the Company”) are pleased to announce that the Company has entered into a Memorandum of Understanding (“MOU”) to acquire a number of uranium projects in southern Africa and Tanzania. The projects include the Zambezi Valley Project that has defined uranium mineralisation and was advanced to feasibility stage in the early 1990’s and an advanced exploration project in Tanzania with defined drill targets.