PWURF News Alert Azarga Uranium Corp. (PWURF) 0.3200 02/15/2015
Post# of 64074
Acquisition of Securities of Azarga Uranium Corp.
Marketwired - Wed Oct 29, 6:16PM CDT
Blumont Group Ltd. ("Blumont" , 298 Tiong Bahru Road, #20-02/03 Central Plaza, Singapore, 168730, announces that pursuant to the Transaction and the Consolidation (as defined below) it acquired, through Powerlite Ventures Limited ("Powerlite" (a wholly owned subsidiary of Blumont), beneficial ownership of and/or control or direction over 18,053,810 common shares (each, an "Issuer Share" of Azarga Uranium Corp., formerly Powertech Uranium Corp. (the "Issuer" .
Powertech Uranium Corp.: Merger with Azarga Resources and $5.0m Financing Complete; Name change to Azarga Uranium Corp. and Share Consolidation Complete
Marketwired - Wed Oct 29, 7:07AM CDT
Powertech Uranium Corp. (now Azarga Uranium Corp.) (TSX: PWE) ("Azarga Uranium", "Powertech" or the "Company" has completed the merger with Azarga Resources Limited ("Azarga Resources" in accordance with the terms and conditions of the Share Purchase Agreement dated 25 February 2014, as amended, between the Company and Azarga Resources (the "Transaction" and the private placement financing for gross proceeds of approximately $5.0 million (the "Financing" . In connection with the closing of the Transaction and the Financing, the Company has changed its name from "Powertech Uranium Corp." to "Azarga Uranium Corp." (the "Name Change" and completed a consolidation of its outstanding common shares on the basis of one (1) post-consolidation share for ten (10) pre-consolidation shares (the "Consolidation" .
AEK: 28.15 (-0.17), PWE.TO: 0.03 (-0.01)
Powertech Uranium Corp.: TSX Conditionally Approves Merger with Azarga Resources
Marketwired - Wed Oct 22, 7:08AM CDT
Powertech Uranium Corp. (TSX: PWE) ("Powertech" or the "Company" has received conditional approval from the Toronto Stock Exchange (the "TSX" to complete the merger with Azarga Resources Limited ("Azarga Resources" and also for the previously announced $5.0 million private placement.
PWE.TO: 0.03 (-0.01)
Powertech: Clarification of Press Release Dated September 18, 2014
Marketwire Canada - Fri Oct 10, 6:48PM CDT
Powertech Uranium Corp. (TSX: PWE) (FRANKFURT: PSA), pending a name change to Azarga Uranium Corp. ("Powertech" or the "Company" would like to provide clarification regarding its press release dated September 18, 2014 (the "September 18th Release" . The Company stated in its September 18th Release that "the updated presentation provides investors with information on the Company's assets on a pro-forma basis for the recently completed capital raising and merger with Azarga Resources Limited." The Company would like to clarify that it has not yet completed the private placement (see the Company's press release dated September 10, 2014) and the proposed merger with Azarga Resources Limited, which the Company is still pursuing. The proposed merger and private placement remain subject to a number of conditions, including without limitation, approval of the Toronto Stock Exchange. Furthermore, the funds related to the $5.0 million private placement capital raising have been received and will be held in escrow until completion of the proposed merger.
PSA: 202.61 (-1.18), PWE.TO: 0.03 (-0.01)
IILG, RST, NAUH, LEI, PWE, CPLP Are Seasonally Ripe To Go Down In the Next Five Weeks
M2 - Wed Oct 01, 3:24AM CDT
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PWE: 2.45 (+0.02), LEI: 0.32 (+0.09), IILG: 25.44 (+0.28), CPLP: 9.09 (+0.28), NAUH: 3.17 (-0.02), RST: 9.55 (-0.23)
Powertech Uranium (Azarga Uranium) Updated Investor Presentation
Marketwire Canada - Thu Sep 18, 11:15AM CDT
Powertech Uranium Corp. (TSX: PWE) (FRANKFURT: PSA), pending a name change to Azarga Uranium Corp. ("Powertech" or the "Company" , has released an updated investor presentation on its website, available at the following address: http://www.powertechuranium.com/s/Presentations.asp
PSA: 202.61 (-1.18), PWE.TO: 0.03 (-0.01)
Issuance of Convertible Loan Facility by Powertech Uranium Corp.
Marketwire - Tue Sep 16, 9:59PM CDT
Azarga Resources Limited ("Azarga" reports that it has entered into a convertible loan facility agreement with an aggregate principal amount of US$650,000 (the "Loan" with Powertech Uranium Corp. ("Powertech" whereby, on conversion ("Conversion" of the principal amount, after taking into account a maximum conversion premium of up to 130%, Azarga has the right to acquire an aggregate of approximately 15,491,667 common shares (the "Acquired Shares" of Azarga at a price of C$0.06 per Acquired Share. Conversion and any acquisition of Acquired Shares by Azarga remains subject to the terms of the Loan and the prior approval of the Toronto Stock Exchange.
Financing Facility With Azarga Resources and Amendment to Share Purchase Agreement
Marketwire Canada - Fri Sep 12, 3:45PM CDT
Powertech Uranium Corp. (TSX: PWE), pending a name change to Azarga Uranium Corp., ("Powertech" or the "Company" announces that Azarga Resources Limited ("Azarga" has agreed to make available to the Company an additional loan facility (the "Facility" in the amount of US$650,000 (the "Loan Amount" and that it has entered into an amendment to the Share Purchase Agreement dated February 25, 2014 with Azarga, whereby the parties agreed to amend the Original Agreement by extending the closing date to October 31, 2014.
PWE.TO: 0.03 (-0.01)
Powertech Announces $5.0 Million Private Placement
Marketwire - Wed Sep 10, 8:04AM CDT
Powertech Uranium Corp. (TSX: PWE) (FRANKFURT: PSA), pending a name change to Azarga Uranium Corp. ("Powertech" or the "Company" announces that, subject to regulatory approval, it has arranged a private placement financing (the "Financing" to raise $5.0 million (before transaction costs) through the issue of up to 84 million units (each, a "Unit" at a price of $0.06 per Unit.
PSA: 202.61 (-1.18), PWE.TO: 0.03 (-0.01)
NRC Board License Hearing Concluded
Marketwire - Tue Aug 26, 11:09PM CDT
Powertech Uranium Corp. (TSX: PWE), pending a name change to Azarga Uranium Corp., ("Powertech" announces that the Atomic Safety and Licensing Board's ("ASLB" oral hearing was completed on August 21, 2014.
PWE.TO: 0.03 (-0.01)
Powertech Uranium (Azarga Uranium) to Present at the Rodman & Renshaw 16th Annual Global Investment Conference in New York
Marketwire Canada - Tue Aug 19, 9:24AM CDT
Powertech Uranium Corp. (TSX: PWE), pending a name change to Azarga Uranium Corp. ("Powertech" (TSX: PWE) (FRANKFURT: PSA), announces that it will present at the Rodman & Renshaw Global Investment Conference on Wednesday, September 10, 2014 at 3:45pm in the Louise Salon, 4th floor.
PSA: 202.61 (-1.18), PWE.TO: 0.03 (-0.01)