Universal Uranium Proposes Name Change
14 Juni 2010 - 3:15PM
Marketwired
Universal Uranium Ltd. (TSX VENTURE: UUL) (the "Company") announced
that as the Company no longer holds any interest in a uranium
property, other than an NSR to a property that the Company sold in
2008, and the current name of the Company no longer reflects the
focus or diverse nature of the Company's current business, it is
proposing a name change from Universal Uranium Ltd. to "Expedition
Mining Inc." The name change is subject to TSX Venture Exchange
(the "Exchange") policies and approval.
In addition the Company announced that pursuant to Exchange
policies and the Company's rolling Stock Option Plan approved by
shareholders at the annual general meeting of the Company held on
April 29, 2009, incentive stock options in the aggregate amount of
800,000 shares have been granted to directors and officers of the
Company at a price of $0.10 per share. The options are exercisable
for a period of five years, ending on June 10, 2015, and are
subject to the requirements of the Exchange.
Universal Uranium Ltd. (TSX VENTURE: UUL) is a publicly held
Canadian exploration company focused on acquiring, exploring and
developing mineral properties located in favorable geo-political
climates. The company is led by a highly skilled, experienced board
and management team with significant successes in managing early
stage mineral exploration companies.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Universal Uranium Ltd. William Galine Executive Vice
President (604) 662-3903 bgaline@universaluranium.com
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