Uramin die Uranperle

leach test work indicating recoveries of approximately 75 per cent and as a
result SRK has evaluated a production profile for Trekkopje rising to 8 million
lbs U308 per annum. This compares favourably with the 3.3 million lbs U308 per
annum of production previously considered using tank leach processing. Most
importantly water consumption using heap leaching is substantially lower than
would be the case with tank leaching.


SRK's model envisages a 2 year pre-production period, followed by a production
period of 8 years producing 61 million lbs U308 and 20 million lbs V205. A trial
mine is planned for the fourth quarter of 2007 and Trekkopje should commence
commercial production in the fourth quarter of 2008 at initial production rates
of 4 million lbs per annum scaling up to in excess of 8 million lbs within 2
years thereafter. Potential exists to achieve incremental production for the
project from the following areas:


• An additional 75 million tonnes of sulphate rich ore grading approximately
148 ppm is excluded from the proposed mine plan but is the subject of
further testing and could be amenable to acid leaching.

• Test work is being undertaken to determine whether lower grade material
using a cut off grade of 60 ppm could be treated on a "dump leach" basis.

• Excellent exploration potential exists on the additional exploration license
area granted to UraMin in November 2006. Significant radiometric
anomalies on the property are interpreted to delineate extensive sedimentary
channels, similar to those already drilled on the Trekkopje project.

This potential upside could extend the life of mine and sustainability of
production rates of 8 million lbs per annum of U308 beyond the initial mine plan
of 8 years with resultant enhanced project economics.


The selection of a carbonate/bi-carbonate heap leach and ion exchange at a mine
production rate of 100,000 tpd would require a water supply from a desalination
plant of 12 million m3 per year. It is anticipated that the cost of construction
of a desalination plant may be partially offset by contributions from other
parties reducing the estimated capital expenditure on the basis of a shared
plant.


Updated Resource Statement


UraMin is also pleased to announce SRK's NI 43-101 compliant updated interim
resource statement on the Trekkopje Uranium Project in Namibia where both
deposits have seen a substantial conversion of Inferred to Indicated Resources.
Current in-fill drilling is expected to convert most of the total remaining
Inferred resource to Measured and Indicated.

• Project Measured and Indicated resources are estimated at 144.6
million tonnes grading 146 ppm eU3O8 (at a 100 ppm cut off grade), containing
an estimated 46.5 million pounds of U3O8.


• Project Inferred resources are estimated at 195.3 million tonnes grading 138
ppm eU3O8, containing an estimated 59.3 million pounds U3O8.


• The Measured and Indicated resource increased 236% from the September 2006
initial resource estimate, as a result of the conversion of Inferred
resources, due to increased drill density.


• A program of in-fill drilling central to the 200 by 200m grid (5-spot
drilling) is being completed and is expected to convert much of the existing
Inferred resource to Measured and/or Indicated resource. An updated resource
estimate is due in April 2007.

Trekkopje Project Combined Resources at 100 ppm U3O8 Cut-off grade

Resource Classification Resource Grade Contained Contained
(tonnes) eU3O8 (ppm) Tonnes eU3O8 Pounds eU3O8
Measured:

Klein Trekkopje 7,096,000 156 1,105 2,435,000
Trekkopje 0 0 0 0

_____ _____ _____ _____
Sub-Total Measured 7,096,000 156 1,105 2,435,000
_____ _____ _____ _____
Indicated:

Klein Trekkopje 109,631,000 149 16,320 35,978,000
Trekkopje 27,835,000 131 3,659 8,067,000
_____ _____ _____ _____
Sub-Total Indicated 137,466,000 145 19,979 44,045,000
_____ _____ _____ _____
Measured & Indicated:

Klein Trekkopje 116,727,000 149 17,424 38,413,000
Trekkopje 27,835,000 131 3,659 8,067,000
_____ _____ _____ _____
Total M&I 144,562,000 146 21,084 46,480,000
_____ _____ _____ _____
Inferred:

Klein Trekkopje 177,090,000 139 24,610 54,255,000
Trekkopje 18,216,000 125 2,284 5,035,000
_____ _____ _____ _____
Sub-Total Inferred 195,306,000 138 26,894 59,290,000
_____ _____ _____ _____

Klein Trekkopje Deposit Resources at 100 ppm U3O8 Cut-off grade


Resource Classification - 100 ppm cutoff Resource Grade Contained Contained
(tonnes) eU3O8 (ppm) Tonnes eU3O8 Pounds eU3O8

Measured:

Conglomerate 2,835,000 143 404 891,000
SO4 Rock* 4,261,000 164 700 1,544,000
Bedrock 0 0 0 0
_____ _____ _____ _____
Sub-Total Measured 7,096,000 156 1,105 2,435,000
_____ _____ _____ _____
Indicated:

Conglomerate 88,430,000 144 12,744 28,095,000
SO4 Rock* 21,076,000 169 3,561 7,851,000
Bedrock 125,000 115 14 32,000
_____ _____ _____ _____
Sub-Total Indicated 109,631,000 149 16,320 35,978,000
_____ _____ _____ _____
Measured & Indicated:

Conglomerate 91,265,000 144 13,148 28,986,000
SO4 Rock* 25,337,000 168 4,262 9,395,000
Bedrock 125,000 115 14 32,000
_____ _____ _____ _____
Total M&I 116,727,000 149 17,424 38,413,000
_____ _____ _____ _____
Inferred:

Conglomerate 119,579,000 136 16,288 35,909,000
SO4 Rock* 57,381,000 145 8,307 18,313,000
Bedrock 130,000 116 15 33,000
_____ _____ _____ _____
Sub-Total Inferred 177,090,000 139 24,610 54,255,000
_____ _____ _____ _____

* SO4 Rock is material for which sulfate (gypsum) is present above a
process-determined cut-off grade of 0.30% SO4. The average SO4 grade of sulfate
rich ore is not yet determined, as too few assays are present to allow grade
estimation. SO4 material may or may not need special attention in processing.
In-fill RC drilling in progress will establish SO4 grade distribution.


Trekkopje Deposit Resources at 100 ppm U3O8 Cut-off grade


Resource Classification - 100 ppm cutoff Resource Grade Contained Contained
(tonnes) eU3O8 (ppm) Tonnes eU3O8 Pounds eU3O8

Measured 0 0 0 0
Indicated:

Conglomerate 20,063,000 133 2,659 5,862,000
SO4 Rock* 7,772,000 129 1,000 2,205,000
Bedrock 0 0
_____ _____ _____ _____
Total M&I 27,835,000 131 3,659 8,067,000
_____ _____ _____ _____
Inferred:

Conglomerate 11,395,000 127 1,445 3,186,000
SO4 Rock* 6,821,000 123 839 1,849,000
Bedrock 0 0
_____ _____ _____ _____
Sub-Total Inferred 18,216,000 125 2,284 5,035,000
_____ _____ _____ _____


* SO4 Rock is material for which sulfate (gypsum) is present above a
process-determined cut-off grade of 0.30% SO4. The average SO4 grade of sulfate
rock is not yet determined, as too few assays are present to allow grade
estimation. SO4 material may or may not need special attention in processing.
In-fill RC drilling in progress will establish SO4 grade distribution.


Resources for both Trekkopje and Klein Trekkopje have been updated from
September 2006 by the following:


• Completion of 200 by 200m spaced drilling at Klein Trekkopje and the
drilling of a 400 by 400 m area on 50 by 50m spacing to examine grade
variability:

• An 18ppm "background" radiometric eU3O8 base above which
mineralization exists was confirmed by chemical analyses. This was removed
from the down-hole eU3O8 data for all drill holes at both Trekkopje and Klein
Trekkopje.

• Statistical data defined a 35ppm break to corrected eU3O8 data, as the basis
for establishing grade shells at both deposits;

• Data was composited to 2.5m down-hole intervals to allow for the likelihood of
bulk tonnage mining methods, while permitting vertical discrimination of the
deposit at the top and bottom of mineralization.

• Increased density of drilling allowed for 100m x 100m x 2.5m blocks; grade
interpolation was by ordinary kriging internal to the grade shells, using
acceptable variography parameters that mimic geology.

• Resources were classified based on a proportion of the range, number of
composites, and a minimum number of drill holes; standard protocols for CIM
classifications of Measured, Indicated and Inferred resources.

• SO4 material was defined by a 0.3% SO4 cutoff, defining a surface
sub-parallel to the topography surface to define tonnes of SO4 material.

• SO4 grades are not reported as they are based on very limited RC assay data,
are not currently sufficient, and will be augmented with additional
information from the current 5-spot drilling in progress.

• For the purpose of a Preliminary Assessment, there are a total of 33.1
million tonnes of Measured and Indicated resource, and 64.2 million tonnes
of Inferred resource for which sufficient SO4 is present to be listed
separately. Approximately 22 million tonnes are currently in the plan as
normally processable material, pending further testing and drill assay
results. The remaining SO4 bearing resource is being investigated for
possible alternative processing options.


Resources will be updated in April 2007 after inclusion of 5-spot infill RC
drilling. The intent of the 5-spot drilling program is to convert Inferred
resources to Indicated resources and provide additional analytical data to
establish SO4 grades.


Feasibility a comprehensive study of a deposit in which all geological, engineering, operating, economic and other
study relevant factors are considered in sufficient detail for it to reasonably serve as the basis for a final
decision by a financial institution to finance the development of the deposit for mineral production

U308 ppm Triuranium octaoxide grades in parts per million generated as a result of the conversion of down hole
total gamma radiometric probe data to equivalent uranium oxide using probe calibration on known uranium
sources and QA/QC procedures. "Industry Standard Procedure"

Sodium Chemical formula - Na2CO3, is a sodium salt of carbonic acid
carbonate

V205 Vanadium pentoxide

SO4 Sulphate

Sedimentary Fluvial channel containing debris including clasts and sediment derived from a source upstream
channels

Conglomerate Rock consisting of rounded clasts of gravel surrounded by sand.

NI 43-101 National Instrument 43-101 - Standards of Disclosure for Mineral Projects, Form 43-101F1 and Companion
Policy 43-101CP


Measured A 'Measured Mineral Resource' is that part of a Mineral Resource for which quantity, grade or quality,
Resource densities, shape, and physical characteristics are so well established that they can be estimated with
confidence sufficient to allow the appropriate application of technical and economic parameters, to
support production planning and evaluation of the economic viability of the deposit. The estimate is
based on detailed and reliable exploration, sampling and testing information gathered through
appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that
are spaced closely enough to confirm both geological and grade continuity.

Indicated An 'Indicated Mineral Resource' is that part of a Mineral Resource for which quantity, grade or quality,
Resource densities, shape and physical characteristics can be estimated with a level of confidence sufficient to
allow the appropriate application of technical and economic parameters, to support mine planning and
evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable
exploration and testing information gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and
grade continuity to be reasonably assumed.


Inferred An 'Inferred Mineral Resource' is that part of a Mineral Resource for which quantity and grade or quality
Resource can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not
verified, geological and grade continuity. The estimate is based on limited information and sampling
gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and
drill holes.

5 spot infill Drill pattern that includes 4 drill holes on a square pattern with an additional 5th hole drilled at the
drilling centre of the square


eU3O8 (ppm) Triuranium octaoxide grades in parts per million generated as a result of the conversion of down hole
total gamma radiometric probe data to equivalent uranium oxide using probe calibration on known uranium
sources and QA/QC procedures. 'Industry Standard Procedure'.

Lb Pound

Uranium heavy silvery-white metallic element found in several minerals, notably uraninite and carnotite

SRK SRK Consulting (US) Incorporated, managing engineers for the feasibility study of the Trekkopje Uranium
Project

Tpd Tonnes per day


The resource information contained in this announcement has been reviewed by
Allan Moran, Principal Geologist with SRK. He is the Qualified Person overseeing
the Trekkopje Project drilling and resource estimation activities for the
purposes of NI 43-101 compliance. Mr. Moran has sufficient experience relevant
to the style of mineralisation and type of deposit under consideration and to
the activity which he is undertaking, to qualify as a Qualified Person for the
purposes of this announcement.


Resource estimation by SRK, follows CIM (Canadian Institute of Mining and
Metallurgy) resource classification categories, and resources were determined
using background-corrected eU3O8 radiometric probe data, ordinary kriging for
grade estimation and industry standard block modeling techniques. Industry
accepted "Best Practices Guidelines" were followed in data collection,
documentation, analyses, and reporting. UraMin has a QA/QC program in place for
sample analytical data and down-hole radiometric probe data. The stated
Trekkopje Project resource estimates are based on entirely new drilling data
collected in 2006 by UraMin, and does not include any historical drill hole
data.


The Interim Progress Update Report represents the latest view of project
concepts, designs and likely projected outcomes based on the work conducted to
date, industry accepted practice and certain project specific assumptions.
Readers are cautioned that the results reported are not definitive and maybe
subject to change as further work is undertaken. Project outcomes may
ultimately be materially different from those projected in this report.

ist ein absolutes highliht bin seit 1,2eu drin habe das teil
hier auch damals angesprochen,uramin wurde von der serioesen
wiwo am 22.1.07 empfohlen seitdem 110%plus gruss Wandler

ich liebäugel auch schon mit diesem titel bin aber noch ein wenig unsicher. (nackte angst :-) )meint ihr, daß man jetzt noch einsteigen sollte?

was ich euch empfehlen kann sind forsys !!! das soll kein gepushe sein, aber da bin ich schon lange dabei und der titel macht richtig spaß !! :-)

Keine Kaufempfehlung! Muß jeder selber entscheiden! Aber die News waren Klasse wenn man sie sich mal genauer ansieht.Uramin ist sogar näher an der Produktion als Forsys .In Forsys bin ich selbst schon lange dabei wenn du den Thread mal verfolgst :-)

gruß Inform

danke für die info...bin mal mit ner kleinen menge eingestiegen...bin erst seit gestern angemeldet, deswegen habe ich mich noch nicht umgeschaut...

viele grüße

Bei Uran-Explorern wird es ein heißer
Frühling und Sie als Leser von Rohstoffraketen.
de sind darauf bestens vorbereitet
und positioniert!
Wem unser Dauerrenner Forsys Metals nicht
ausreicht und wer noch mehr Uranaktien aus
Diversifikationsgründen sucht, der sollte sich
neben unserem zweiten Favoriten Powertech
Uranium auch Aktien von Uramin, Energy
Metals und Uranerz ins „Urandepot“ packen.

Kupferberg (aktiencheck.de AG) - Nach Meinung der Experten von "Rohstoffraketen.de" ist die Aktie von Uramin (ISIN VGG9298V1067/ WKN A0JM97) nicht teuer.

Uramin habe in der vergangenen Woche die große kanadische Investmentbank BMO Capital Markets beauftragt, nach interessanten Optionen für mögliche Zusammenschlüsse Ausschau zu halten.

"Es ist eine kleine Industrie, wir kennen uns alle untereinander und reden die ganze Zeit miteinander. Wir suchen nach größeren, aber auch kleineren Gesellschaften, die zu uns passen", habe Finanzvorstand Neil Herbert am Dienstag gesagt.

Uramin sei nach Ansicht der Experten, trotz der bereits beachtlichen Börsenbewertung von 1,3 Mrd. Kanadische Dollar, noch nicht teuer. Denn dieser Börsenbewertung stünden 270 Millionen Pfund Uran in verschiedenen Liegenschaften gegenüber. Sehr viel davon übrigens in Namibia, der Heimat von Forsys Metals, Paladin und der weltgrößten Uranmine Roessing von Rio Tinto.

Die Experten von "Rohstoffraketen.de" halten die Aktie von Uramin für ein interessantes Investment. (Ausgabe vom 21.02.2007) (22.02.2007/ac/a/a)

  UraMin Inc. ('UraMin' or the 'Company') (TSX: UMN; AIM: UMN) announces that it has entered into an engagement letter with BMO Capital Markets on behalf of itself and others as agents for a private placement of a minimum of US$200 million (approximately £100 million) of common shares of UraMin. Closing is expected to occur on or around March 20, 2007. UraMin intends to use the proceeds of this private placement to partially fund the estimated US$461 million of capital required to finance the Company's Trekkopje Project in Namibia to commercial production. The private placement is subject to regulatory approval. UraMin (www.uramin.com) is listed on the Alternative Investment Market of the London Stock Exchange plc and the Toronto Stock Exchange, trading under the symbol UMN.

UraMin currently has approximately US$88 million of net free uncommitted cash in its treasury which will primarily be used to carry out trial mining of the Trekkopje Project and to advance to the feasibility study stage both the Ryst Kuil Uranium Project in Africa and the Bakouma Uranium Project in the Central African Republic. The additional US$200 million will be used primarily to advance the Trekkopje Project to commercial production including the procurement of long lead time capital cost items and carry out development work thereon.

11:11 27.02.07

Endingen (aktiencheck.de AG) - Die Experten von "Emerging Markets Investor" sehen bei der Aktie von Uramin (ISIN VGG9298V1067/ WKN A0JM97) Potenzial.

Nach Ansicht der Wertpapierexperten könnten Anleger bei Uramin quasi von Beginn an dabei sein, denn das Unternehmen sei erst im letzten Dezember an die Börse gegangen. Dass sich der Kurs seither verdoppelt habe, sollte nicht stören, denn die Erfolgsstory stehe hier erst am Anfang. Uramin sei vornehmlich in Namibia (fünftgrößter Uranproduzenten der Welt) aktiv. Weitere Gebiete seien die Zentralafrikanische Republik, dem Chad, in Mosambique und Südafrika.

Anleger könnten davon ausgehen, dass Uramin mit diesem Portfolio in den kommenden Jahren für Furore sorgen werde. In den letzten Jahren habe man 170 Mio. USD zur Entwicklung der Projekte eingesammelt und mit Samuel Jonah einen absoluten Top-Mann für die Unternehmensführung gewinnen können. Samuel Jona sei früher CEO von Ashanti Goldfields und sei heute noch Vorstandsmitglied von Anglo Gold, beides Unternehmen, die zu den größten Goldproduzenten der Welt gehören. Und obwohl Uramin bereits einen Börsenwert von 1 Mrd. USD aufweise, würden die Uran-Reserven nur mit 4 Kanadischen Dollar je Pfund mit mehr als 50 Prozent Abschlag zum Branchenschnitt bewertet. Das könnte daran liegen, dass noch kein einziges größeres Investmenthaus diesen Titel covere.

Die Experten von "Emerging Markets Investor" empfehlen in die Uramin-Aktie einzusteigen, solange der Titel noch unentdeckt sei. Auf Jahressicht winke ein Potenzial um die 100 Prozent. (Ausgabe 4 vom 26.02.2007) (27.02.2007/ac/a/a)  

Definition of eU (Source: IAEA Report IAEA-TECDOC-1363, July 2003): Uranium concentration estimates are based on the measurement of 214Bi and 214Pb isotope abundances. These occur far down in the radioactive decay chain and may not be in equilibrium with uranium. Estimates of uranium concentration are indirect and therefore reported as "equivalent uranium" (eU) as these estimates are based on the assumption of equilibrium conditions. The units are in parts per million (ppm).

The area was first identified as being prospective for Uranium during the regional compilation of historical work, where high grade uranium values were reported by the Quebec government in the lake bed sediments. The current survey was completed using a Geophex GEM -2A helicopter borne frequency domain electromagnetic (EM) system with a Pico-Envirotec gamma ray spectrometer.

"We are extremely pleased with the results obtained," stated Waseco Chairman A.C.A. (Peter) Howe "In addition to the Extended Block III area, we are equally excited by the Block I/II results announced earlier this month, which confirmed the presence of six (6) additional large zones of Uranium enrichment and eight (8) discrete Uranium anomalies"(see New Release Feb 2, 2007).

UraMin's New Business Manager, Keith Kenyon, stated that: "The Quebec government has reported seven (7) values that exceeded 200 ppm. for uranium in lake bed sediments on Extended Block III. This, when coupled with geophysical results, further confirms the prospective nature of the area for uranium and certainly make this a priority exploration project for both companies. Given the higher profile this project is taking on, we are seeking to recruit a project manager for our Canadian operations to oversee the planned field work and drilling program."

Exploration Management is very pleased with the results of the study and with the quality of the Report on the Extended Block III. It cautions readers that the areas referred to are surficial, as these radiometric readings generally penetrate 1.5 metres in depth. Further ground truthing is required to quantify and qualify the uranium potential.

The scientific content of this release has been reviewed and approved by Robert B. Hearst, M.Sc. P. Geo, P. Geoph., Special Authorization No. 69 (OGQ), as a Qualified Person under Ni-43-101.

Waseco Resources is an exploration company focusing on uranium exploration in the Quebec Labrador Trough. The Company is listed for trading on the TSX Venture exchange and on the Frankfurt Exchange. There are currently 29.4 million shares issued and outstanding.

UraMin Inc. was established in 2005 to acquire and develop mineral properties, primarily uranium. The Company has several advance stage uranium projects in Africa and exploration projects internationally.

The TSX nor TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.


Contact:

Richard Williams
Waseco Resources Inc.
President
(416) 364-3123

Ian Stalker
UraMin Inc.
Chief Executive Officer
+27 (0)11 783 5056

Neil Herbert
UraMin Inc.
Finance Director
+27 (0)11 783 5056

Steve Vaughan
UraMin Inc. - Toronto
(416) 643-6924

Source: UraMin Inc., Waseco Resources Inc.

de.advfn.com/news_Issue-of-Shares_19683131.html


NS Number:4444S
UraMin Inc
06 March 2007





NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES



6 March 2007

                                 UraMin Inc.

                         ("UraMin" or "the Company")



The Company announces that it has issued a total of 1,798,000 new Ordinary
Shares of no par value pursuant to the exercise of broker options.



The shares are listed on the TSX and application has been made for these shares
to be admitted to trading on AIM and to listing on the TSX and it is expected
that dealings will commence 12 March 2007.



The securities referred to in this release will not be registered under the
United States Securities Act of 1933 or the laws of any state and may not be
offered or sold in the United States absent such registration or an applicable
exemption from registration requirements.



For further information:

Neil Herbert, Finance Director
Tel: +27 (0)11 783 5056

Nominated Advisor
Canaccord Adams
Robin Birchall
Tel: +44 (0)20 7050 6500

Toronto
Steve Vaughan
Tel: +1 416 643 6924

UK Media Enquiries
Financial Dynamics
Ben Brewerton / Ed Westropp
Tel: +44 20 7831 3113



Background Information:



UraMin (www.uramin.com) was founded in February 2005 and its shares are traded
on the AIM market of the London Stock Exchange and the Toronto Stock Exchange
under the symbol 'UMN'. The Company was established to acquire and develop
mineral properties, predominantly uranium.  The Company currently has working
capital of approximately US$88 million and a market capitalization of
approximately US$1 billion on an undiluted basis.



UraMin is currently focusing on the development of its advanced stage
exploration projects at Trekkopje in Namibia, Bakouma in the Central African
Republic and Ryst Kuil in South Africa. Through a South African joint venture,
UraMin also enjoys additional prospecting license applications for important
uranium deposits in the Karoo, South Africa. No assurance can be given that
remaining applications for the prospecting rights in the Ryst Kuil Channel of
the Karoo or elsewhere in South Africa will be successful.

sowie Uranium Power - voll im Aufwärtstrend. Aus den zahlreichen Empfehlungen von SERIÖSEN Börsenbriefen sieht man, welches gewaltiges Potenzial noch in diesen Werten steckt. Von der derzeitigen Unterbewertung gar nicht zu sprechen. Hinzu kommt der stetig steigende Uranpreis. Das werden jetzt für die in URAMIN und URANIUM POWER Investierten wunderschöne Tage und Wochen. Hipp Hipp Hurra...

@pfiff: Uramin mag ich auch.



10:19 07Mar2007 RNS-REG-UraMin Inc  Private Placement Update

.
RNS Number:4757S
UraMin Inc
07 March 2007



7 March 2007

UraMin Inc.
("UraMin" or the "Company")

£117.0 Million Private Placement Financing



NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES


UraMin is pleased to announce the size and pricing of its previously announced
private placement. The offering consists of the private placement of 52.0
million ordinary shares of UraMin at a price of £2.25 per share for gross
proceeds of £117.0 million (the equivalent of approximately US$226 million or
CDN$266 million). The Company and BMO Capital Markets, as lead agent, on behalf
of itself, Canaccord Adams Limited and Sprott Securities Inc. (the "Agents")
have entered into an engagement letter pursuant to which the Agents have agreed
to act as agents for the private placement. Closing is expected to occur on or
around March 20, 2007. UraMin intends to use the proceeds of this private
placement to partially fund the capital required to finance the Company\'s
Trekkopje Project in Namibia to commercial production, currently scheduled for
late 2008. The private placement is subject to regulatory approval. UraMin
(www.uramin.com) is listed on the Alternative Investment Market of the London
Stock Exchange plc and the Toronto Stock Exchange, trading under the symbol UMN.


UraMin currently has approximately US$88 million of net free uncommitted cash in
its treasury which will primarily be used to carry out trial mining of the
Trekkopje Project and to advance to the feasibility study stage both the Ryst
Kuil Uranium Project in South Africa and the Bakouma Uranium Project in the
Central African Republic. The additional US$226 million will be used primarily
to advance the Trekkopje Project to commercial production including the
procurement of long lead time capital cost items and carry out development work
thereon.


GLOSSARY


Feasibility a comprehensive study of a deposit in which all geological,
study engineering, operating, economic and other relevant factors are
considered in sufficient detail for it to reasonably serve as
the basis for a final decision by a financial institution to
finance the development of the deposit for mineral production


Uranium heavy silvery-white metallic element found in several minerals,
notably uraninite and carnotite



BACKGROUND INFORMATION



The Company was established in 2005 to acquire and develop mineral properties,
predominantly uranium. The Company currently has working capital of
approximately US$88 million and a market capitalization of approximately US$1
billion on an undiluted basis.



UraMin is currently focusing on the development of its advanced stage
exploration projects at Trekkopje in Namibia, Bakouma in the Central African
Republic and Ryst Kuil in South Africa. Through a South African joint venture,
UraMin also enjoys additional prospecting license applications for important
uranium deposits in the Karoo, South Africa. No assurance can be given that
remaining applications for the prospecting rights in the Ryst Kuil Channel of
the Karoo or elsewhere in South Africa will be successful.



FORWARD LOOKING STATEMENTS



This press release contains statements that are "forward-looking". Generally,
the words "expect," "intend," "estimate," "will" and similar expressions
identify forward-looking statements. By their very nature, forward-looking
statements are subject to known and unknown risks and uncertainties that may
cause our actual results, performance or achievements, or that of our industry,
to differ materially from those expressed or implied in any of our
forward-looking statements. Statements in this press release regarding the
Company\'s business or proposed business, which are not historical facts, are
"forward looking" statements that involve risks and uncertainties, such as
estimates and statements that describe the Company\'s Future plans, objectives or
goals, including words to the effect that the Company or management expects a
stated condition or result to occur. Since forward-looking statements address
future events and conditions, by their very nature, they involve inherent risks
and uncertainties. Actual results in each case could differ materially from
those currently anticipated in such statements.



Investors are cautioned not to place undue reliance on forward-looking
statements, which speak only as of the date they are made.



The securities referred to in this release will not be registered under the
United States Securities Act of 1933 or the laws of any state and may not be
offered or sold in the United States absent such registration or an applicable
exemption from registration requirements.



For further information:



Ian Stalker Chief Executive Officer
Neil Herbert, Finance Director
Tel: +27 (0)11 783 5056


BMO Capital Markets
Elizabeth Wademan
Tel: +1 416 359 4241



Canaccord Adams Limited
Mike Jones
Robin Birchall
Tel: +44 20 7050 6741


Toronto
Steve Vaughan
Heenan Blaikie LLP
+1 416 643 6924



UK Media Enquiries
Financial Dynamics
Ben Brewerton / Ed Westropp
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Wednesday, 07 March 2007 10:19:36RNS [nRNSG4757S] {EN}ENDS  

Uramin (UMN) is a near term uranium producer formed in 2005, but nevertheless with an experienced team and with respected mining industry persons on their board. Their CEO has a very long experience in the mining industry having been involved in the development of many mines from start to completion, including 5 mines in Africa which also is Uramin´s main target now. Uramin has near term uranium projects in mining friendly Namibia (where also Paladin`s Langer Heinrich mine is situated), Central African Republic and South Africa.

Uramin has a very big historic resource base of 236 million pounds of uranium, which should last around 14 years 2008-2021 with the current production potential, assuming an unchanged production level after 2011. Uramin has a clear potential for more resources. The discounted value now of the cash flow or profits from a possible additional production 14 years with mainly unchanged production rate though is a relatively small fraction of the corresponding value for the initial 14 years due to the very high nominal average uranium price expected for 2009-2015. The price average should normalize thereafter due to the higher supply from new production stimulated by the current high uranium price forecasts. The thus added production possibly could include Cameco´s huge but troubled/delayed Cigar Lake project that could account for around 5 % of world demand in 2012-2014, and maybe more after that. Therefore an additional uranium resource base from Uramin´s first three big projects than that covering the first 14 years of the commercial production phase should be of relatively small importance also to the theoretical Uramin stock valuation. (This is in some contrast to when valuating assumed long term steady growth companies where the discounted value of the initial let say 5-10 years of profits or cash flow often constitutes a relatively small part of the total theoretical company value thereby motivating a high p/e ratio. You might reflect that in that case the unknown far distant future earnings is of more vital importance in today´s stock valuation, compared to the Uramin case where the more near term years, and therefore likely more predictable years, matter significantly more thus resulting in a lower stock risk in this respect.)

Uramin though has a further uranium resource potential from exploration projects, in Canada, Chad, South Africa and Senegal, that could increase the long term production potential within resonable time. In Athabasca Basin in Canada Uramin holds an option to aquire 50 % of the Rea property owned by Red Dragon resources. In March 2007 Uramin and Waseco Resources announced a radiometric airborne survey based major new uranium discovery in Quebec Labrador Through in Canada. Uramin holds an option to earn 70 % of this project, and this might be the most obvious example where Uramin has a potential for additional stock value-adding uranium production, which though is not considered in this calculation. The possible uranium production should not commence before many years from now.

After a private placement in March 2007 Uramin had well over USD 300 million in cash, which will be used to carry out trial mining of the Trekkopje project and deliver feasibility studies for both the Ryst Kuil Uranium project in South Africa and the Bakouma Uranium project in the Central African Republic. Furthermore around USD 200 million will be used to advance the Trekkopje Project to commercial production. Hence there should be no need for further private placements within resonable time.

Uramin has recently communicated a new much higher production potential of 19 million pounds of uranium for 2011. That happens to be equal to the 2012 production potential described recently by sxr Uranium One just after their Urasia take-over. But the new sxr will have a diluted market capital of around CAD 6.8 billion compared to less than 30 % of that for Uramin at March 8 diluted market capital. Even if you compensate for sxr owning around 72 % of Aflease Gold as of Dec 2006, you find that position worth only around 2 % of the sxr Uranium One market capital. Neither could sxr having a relatively bigger resource base explain the huge valuation difference as hinted in the second paragraph of this analysis. There seems though reasonable to assume that Uramin will suffer from further stock dilution due to their capital costs for taking their second and third projects to commercial production. But even if you assume a huge stock dilution to 500 million diluted shares in Uramin, the market capital would be less than 50 % of that of sxr ! Thus it seems rather clear that Uramin still, also adjusted for risk differencies, most likely is much fundamentally undervalued compared to sxr Uranium One, as shown in this short but logical reasoning.

The Uramin commercial production phase is scheduled to begin with the Trekkopje project (Namibia), in the end of 2008, after the trial production period which will begin this year. Trekkopje has 46.5 million pounds measured & indicated och 59.3 million pounds inferred NI 43-101 compliant uranium resources. There is a potential for more, thereby extending the life of the mine even further. The Trekkopje project is recently estimated to have low uranium production costs of around USD 18 per pound uranium, due to a vanadium production credit. Uramin plans for an open pit mine at Trekkopje with a large scale (sodium carbonate/bicarbonate and ion exchange) heap leach process, with a mining rate of 100000 tons per day. Water consumption using heap leaching is substantially lower than with tank leaching. The process will require a water supply from a desalination plant of 12 million cubic meters per year. Uramin will try to share the construction costs of the desalination plant with other parties sharing the same plant, thus reducing their own costs. With around USD 640 million expected in yearly revenues from Trekkopje (with USD 80 uranium price) at full scale production (8 million pound per year) the yearly costs for the plant over its whole lifetime should be comparably low even if Uramin gets no partners, maybe around USD 15-30 million a year or so in my assumption. That corresponds to around 0.03 – 0.06 CAD/share after tax, of which I conservatively use 0.06 CAD/share as an additional cost in the calculation below.

I calculate with a Uramin 2010 uranium production of 16 million pounds. It is derived from the 8 million pounds in the Trekkopje project, 74 % share of (2.6-3) million pounds or around 1.9-2.2 million pounds from Ryst Kuil (South Africa) and 90 % share of 6.6 million pounds or around 5.9 million pounds from Bakouma (Central African Republic). The production potential of 19 million pounds for 2011 I for the moment just treat as a future possible bonus.

With 16 million pounds of uranium production in 2010, my assumptions of USD 80 uranium long term price average and costs of USD 25 per pound uranium produced, Uramin would get earnings of USD 572 million or CAD 664 million after an assumed 35 % tax (the tax rate not confirmed though) and with 1.16 CAD = 1 USD. There are 267 million UMN shares, plus warrants and options, but as in my analyses of other uranium near term producers like EFR, UPC, PWE and URE, I calculate with some additional dilution , in this case to 340 million fully diluted shares as a reasonable calculation base.

Earnings per share in 2010 then would be CAD 664/340 or around CAD 1.95. As stated above the costs for a desalination plant is estimated to reduce the earnings per share to CAD 1.89. If you study the Uramin Trekkopje report from Feb 2007 very carefully, you should find that just that project could account for more than half of my 2010 estimated earnings per share if you assume USD 80 uranium price.

Uramin, as one of the predicted biggest uranium producers in the world 2010-2011, should have a 2010 p/e-ratio between least 10 and 13 resulting in a UMN stock three year potential of CAD 18.90-24.60. If you discount that future UMN stock price potential with a rather high risk-weighted interest rate of 25 % per year, high for such a relatively big company due to assumed relatively high ( political et al) risk, you get a 2007 price target interval for UMN of around CAD 10-13.

The cautiously applied 25 % risk adjusted discounting interest rate then has reduced the 2007 price target interval for UMN by as much as 32 % compared to if applying a more normal 10 % discounting interest rate (which thus would have resulted in a 2007 CAD 14-18 price target interval i e significantly higher).

Hence I find the UMN stock price very attractive with a very fine risk/reward ratio, in spite of the recent big stock price gain. UMN should most likely have a much higher fundamentally based stock long term potential than, as explained above, one of my biggest uranium holdings last year SXR, and of the same (very big) order as some of my other uranium junior holdings EFR and PWE which on the average approximately could double until year this end as calculated in my analyses on www.loparn.com .

If the long term uranium price average, 2009-2018 will be expected to stay well above my current USD 80 calculation assumption , which then the stock price potential should be adjusted upwards accordingly. Theoretically though you might find that an even longer period of time than 10 years with higher uranium price average has to be assumed for implying fundamentally based increased stock price targets now, but the stock market often tends to be a little bit more shortsighted looking just a few years forward.

Anyone with other input data can, as always, change these figures easily and do their own rough, simple and I think very useful calculations for an absolute and relative stock valuation purpose.

www.loparn.com

WENN die Gesamtmärkte nicht einknicken.

wobei zu berücksichtigen ist, das die Akte schon einen schönen Lauf hinter sich hat. z.Zt etwas ausgebremst wg. der Plazierung neuer Aktien?!

in den letzten Monaten war schon beträchtlich!  

Gibts eigentlich nen Uranpreischart oder Index?
Ich will keine Aktie, mir geht es nur um die langfristige Entwicklung vom Uranpreis direkt.

Danke vorab für ein Kürzel.  

www.kitcometals.com/  (links mitte)
www.uxc.com/review/uxc_Prices.aspx

beide aber noch vom letzten Fixing (19 Marz)


aktueller beitrag zum neuen Uranpreis (95 USD  per pound):

www.stockinterview.com/News/03252007/...anium-Stock-Index.html

alles darüber könnte schon der Ausbruch sein.  

und eben die 6 CAD in Canada geknackt !    + 6,36 %  - könnte der Ausbruch sein (dann sollte es einen netten Up-move geben.)

nicht nur ganz klar in Deutschland, sondern mit einem Plus von fast 8 % auch in Canada.

Nettodifferenz rund 10 % in FRA und CANADA.

1:0 für Uramin

Aber einen "normalen" uranpreisindex wie den Kupferpreis oder ölqualitäten gibt es nicht?

Aber das hier ist schon ein Anfang. Langfristiger und dann immer aktuell war das was ich suchte.

gegenüber Forsys, Powertech und anderen...

es gab letzte woche eine kaufempfehlung vom aktionär...uramin will zweitgrößter uranproduzent werden...schönen abend noch;-)

...nicht gerade heute, aber wenn mal eine kleine Schwäche kommt, werden ich wohl einsteigen. Sieht hier alles sehr gut aus. Allen viel Glück weiterhin.  

nu wird`s aber langsam Zeit ;-)))

folgt (6 CAD  bzw. 4 €)

news live von allgemeine zeitung namibia

www.az.com.na/index.php?page=news/...8fc4bf935f73860ed2fb715d4

UraMin-Aktie zu den Empfehlungen der Woche. (Ausgabe 4) (22.01.2007/ac/a/a)

zum zweitgrößten Uranproduzenten der Welt aufsteigen zu wollen, der hat demnächst einiges positives zu berichten.
Noch ein goldenes Osterei, was sich aufzubewahren lohnt ;-)

nix weiter

nachrichtenlage ist ansonsten sehr dürftig !

denke ich.
Wer 5 Jahre das Geld liegen lassen kann (oder zumindest einen Teil) der wird sich sicherlich freuen dürfen.

P.S. Gras wächst auch nicht, wenn man dran zieht ;-)

deine ansicht moechte ich korriegieren ich stieg am 3.3.07
bei 2,09 euro auf empfelung meines boersendiestes ein heute
steht der kurs bei 4,27 FAKTUM ist in 2 MONATEN 110 % PLUS
der analist mac lody der bank of scotland setzt das kursziel
in den naechsten 12 Monaten auf 11 -14 euro glaube aber das
ist sehr uebertrieben Gruesse von Wandler

der kurs war seit mitte feb 07 nicht mehr unter 3 €

t.m Du hast völlig Recht.
Bin vor ca 2 Wochen bei 3,75 rein, seither 16,x% plus.
Natürlich kann man hier schnell Gewinne machen.
Ich habe mich da wohl etwas missverständlich ausgedrückt.
Meine Empfehlung zielte darauf ab, das Papier langfristig zu halten, da man hier noch einiges erwarten kann.

ein Bilderbuchausbruch, den ich schon letzte Woche unmittelbar angekündigt habe. Aber immer noch ein tolles mittel- und langfristiges Investment - WENN man weiter an mittel- und langfristiges steigenden Energiepreise und an ein knappes Uran Angebot-Nachfrageverhältnis glaubt.

Kurzfristig scheint Uramin meine anderen beiden Uranaktien Powertech und Forsys outzuperformen  

Hat Irgendjemand Neuigkeiten?
Wo gehen denn die Kusrgewinne der letzten Tage hin?

       
     

habe mir mal paar (1000) von den tilen zu 4,15 ins depot gelegt...
die meisten wissen,dass ich normaler weise eher spekulativ ausgerichtet
bin ..bei uramin ists eher unspektakulär ;-) ruhig und gelassen kann man hier
noch einiges positive erwarten.
kaufen-bissl liegen lassen und einfach am (zukünftigen) kursgewinn freuen  ;-)

würd mich nicht wundern-wenn wir bald wieder richtung sk von gestern laufen :-)

in ffm und schon die 4,36 geschrammt... ;-)  alles wird knut!
war bisher ein netter einstieg bei 4,15

4,44

ein uran future aufgelegt da werden massiv fonds einsteigen
das wid auch unses URAMUN in neue hoehen bringen Wandler

klettert Uramin zu einem neuen ATH. Trotzdem ist Ruhe im Thread. Was ist los? Alle schon im Urlaub?

Ich hatte die letzten Wochen schon nicht mehr daran geglaubt und jetzt in einer eher schwachen Phase der Rohstoffmärkte diese Steigerung. Habe aber keine aktuellen News gefunden. Aber es gab ja doch die ein und andere Empfehlung. Schaun mer mal....

mit fonds in den uranfuture meinte ich natuerlich hedgefonds
und wenn die reingehn dann knallts gewaltig ,die haben money
ohne grenzen,man muss allerdings unbedingt den uranpreis im
auge behalten.Gruss Wandler

was gibt die die Sicherheit, dass da Hedgefonds einsteigen? Ich habe auch Stimmen vernommen, die von fallenden Preisen reden.

Schlußkurs 4,64 Euro (+3,80%), das ist doch ein schlagender Beweis für weitere Kurssteigerungen. Zur Erinnerung: Uramin will zweitgrösster Uranproduzent werden.

ich habe mich unklar ausgedrückt.
Für viele war m.E. die Ankündigung der Uranfutures ein Signal auf fallende Uranpreise um das Ausufern und die "Willkür" einzudämmen.

Ich halte mehrere Uran-Werte und hatte auch erst den Eindruck das eine Korrektur stattfindet, wobei die Bewertung  der Kursschwankungen oft ein schwieriges Geschäft ist. Um so erfreuter habe ich die Nachricht vernommen, das es genau gegenteilige Vermutungen gibt, d.h. das die Etablierung der Futures die Hedgefonds lockt und das würde dann natürlich die Preise steigen aber m.E. die ganze Entwicklung doch etwas aufblasen und riskanter machen, da der Spekulationsanteil überproportional steigen würde.

schrieb ich ja auch:unbedingt den uranpreis im auge
behaltenden man taeglich einsehen kann Wandler

Da dachte ich schon, niemand bekommts mit. Habe mich halt geirrt. ;-))) Trotzdem neues ATH und Schlusskurs 4,78 Euro. So kanns weitergehen. Ganz leise stetig nach Norden. Viel Glück allen Investierten!

heute gibt alles nach, nur Uramin steigt(noch)

Stimmt. Wer es noch nicht realisiert hat, wir haben hier eine Uranperle am Haken. Daran sollten wir noch viel Freude haben. Fundamental stimmt wirklich alles.

PS.: Neues ATH 5,01 Euro, das auch noch im Mai!!!!!!! Wirklich erstaunlich. :-)) Da können auch leichte Rücksetzer nichts ändern.

Laut RSR/PSR: Die Uran-Gerüchteküche brodelt wieder. UraMin (CAD-Kürzel UMN) soll angeblich übernommen werden. Dies erfahren wir soeben aus gewohnt gut unterrichteten kanadischen Kreisen. Als angeblicher Übernehmer wird gehandelt: Die französische Areva.......

Auch uu bedenken: FORSYS (Nachbar von Urmain) hat die Wasserlizenzen, die Uramin benötigt...

Potential Sale Update
  UraMin Inc. ('UMN' TSX and AIM) announces that it is in negotiations with respect to a potential sale of the company. No assurance can be given that the negotiations will be successful.


For further information:

Nominated Advisor
Canaccord Adams Limited
Robin Birchall
Tyler Broda
Tel: +44 20 7050 6500

Toronto
Steve Vaughan
Tel: +1 416 643 6924


Background

UraMin (www.uramin.com) was established in 2005 to acquire and develop mineral properties, predominantly uranium. Following the private placement the Company currently has a market capitalization of approximately US$1.9 billion on an undiluted basis. UraMin (www.uramin.com) is traded on the Alternative Investment Market of the London Stock Exchange plc and the Toronto Stock Exchange under the symbol UMN.

UraMin is currently focusing on the development of its advanced stage exploration projects at Trekkopje in Namibia, Bakouma in the Central African Republic and Ryst Kuil in South Africa. Through a South African joint venture, UraMin also enjoys additional prospecting license applications for important uranium deposits in the Karoo, South Africa. No assurance can be given that remaining applications for prospecting licences will be successful.


Forward-Looking Statements:

This press release contains statements that are 'forward-looking'. Generally, the words 'expect,' 'intend,' 'estimate,' 'will' and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are 'forward looking' statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

Bin gestern in die Aktie eingestiegen und habe heute nochmals nachgekauft. Wie`s aussieht kommen ja heute um ca. 20:00 news. Wie ist denn der Umrechnungskurs des CAD Dollars derzeit ? Steht gerade bei 7,88 !

Donnerstag, 14. Juni, 2007

1 Euro = 1.42076 Kanadischer Dollar
1 Kanadischer Dollar (CAD) = 0.70385 Euro (EUR)

Mittelkurs war 1.42020 / 1.42076 (Geld/Brief)
Geschätzter Preis basierend auf täglichen US Dollar Raten.

Vielen Dank für die INfo.

und es wird weitergehen

klappt oder noch besser, dass es eine Bieterschlacht um UraMin geben wird. Leider bin ich erst jetzt auf den Wert aufmerksam geworden und wenn ich mir den Chart zu ansehe, beneide ich alle die schon etwas länger dabei sind. Bin wirklich rein zufällig über einen Zeitungsbericht auf die Aktie aufmerksam geworden. Im Wo Forum gehen sie von einem Kursziel von ca. 7,50 aus. Sollten sich aber mehrere für das Unternehmen interessieren, könnte der Kurs auch deutlich darüber liegen. Risiko: Sollte die Übernahme nicht stattfinden hat die Aktie allerdings Rückschlagspotential.

In connection with the offer, all directors and certain other shareholders rpresenting approximately 25% of the outstanding UraMin shares (calculated on a fully diluted basis) have entered into lock-up agreements with AREVA pursuant to which they have agreed to tender all their UraMin shares to AREVA's offer.

The suport agreement entered into between AREVA and UraMin provides for, among other things, in case a superior proposal is accepted by UraMin, a right to match in favour of AREVA. The support agreement also includes a break up fee in favour of AREVA of US$ 75 milion under certain circumstances.

The offer and take-over circular will be mailed to UraMin shareholders in the comin days. The offer period will be open for not less than 35 days. The offer is conditional upon, in particular, the tendering of a minimum of 75% of the outstanding UraMin's shares on a fully diluted basis, including the 5.5% shares held by AREVA.

Concurrently with the closing of the proposed offer, UraMin will declare a dividendpayable in shares of the capital of Niger Uranium Limited held by UraMin (where permitted by law) or a cash equivalent of the value of such shares. Further details will be provided at the time of the mailing of UraMin Directors' Circular.

------

"UraMin has benefited from its founders' dynamism and know-how to identify significant mining resources on the African continent. The commissioning of these assets would enable AREVA to develop and further diversify its sourcing, thereby securing its clients' long term uranium needs.

UraMin's acquisition perfectly fits into AREVA's strategy in the mining sector. It will allow combining the mining resources of both companies, as well as their respective human expertise. For AREVA, it will result into a significant increase of its uranium production in the medium term.

Through the main projects, located in South Africa, Namibia, and Central African Republic, AREVA plans to reach a yearly production of about 18mio Lbs of U3O8 by 2012. AREVA has the technical and commercial capabilities to rapidly commission UraMin projects and market its production." explains Olivier Mallet, AREVA Senior Executive Vice President of the Mining, Chemistry and Enrichment sector of AREVA.

Mr. Stephen R. Dattels, UraMin's founder and Executive Deputy Chairman said today that "UraMin's potential production capability gives AREVA the opportunity to strengthen its position as one of the largest uranium producers in the world. Combined with the integrated business model of AREVA all along the nuclear value chain, access to long-term sources of uranium will reinforce AREVA's ability to provide security of supply to its costumers. For UraMin's shareholders, the proposed offer by AREVA provides a unique opportunity to realize an attractive premium today and to participate in an exciting new uranium vehicle with drill ready properties in Niger."

Mr. Dattels went on to say, "I would like to thank the directors, management and employees of UraMin for their tremendous contribution since the inception of UraMin in 2005. Their hard work and vision enabled us to create over US$2.5 billion of market value in just over two years time, making UraMin a major success story in the mining sector."

BMO Capital Markets is acting as financial advisors to UraMin and Heenan Blaikie LLP is acting as legal counsel to UraMin.

NM Rothschild & Sons Canada Limited is acting as financial advisor to AREVA and Blake Cassels & Graydon LLP is acting as legal counsel to AREVA.

FOR FURTHER INFORMATION ON THE OFFER:

A conference call will take place today, June 15, at 4:00pm CET.

To reach the conference, please call:

- From France: +33 (0)1 70 99 42 66

- From North America: + 1 718 354 1357

- From UK: +44 (0)20 7138 0817

To access to the slide-show, click on the following link: www.finance.areva.com/20070615/uramin/

More about AREVA

With manufacturing facilities in 41 countries and a sales network in more than 100 countries, AREVA offers customers reliable technological solutions for CO(2)-free power generation and electricity transmission and distribution. We are the world leader in nuclear power and the only company to cover all industrial activities in this field. Our 61.000 employees are committed to continuous improvement on a daily basis, making sustainable development the focal point of the group's industrial strategy. AREVA's businesses help meet the 21st century's greatest challenges: making energy available to all, protecting the planet, and acting responsibly towards future generations. www.areva.com

www.areva.com

Press Office : Charles Hufnagel/Julien Duperray

T: +33 1 34 96 12 15 press@areva.com

Investors Relations : Frédéric Potelle

T: +33 1 34 96 14 08 frederic.potelle@areva.com

More about UraMin

UraMin Inc. (www.uramin.com) was founded in February 2005 and its shares are traded on the AIM market of the London Stock Exchange and the Toronto Stock Exchange under the symbol 'UMN'. The Company was established to acquire and develop mineral properties, predominantly uranium. The Company currently has working capital of approximately US$285 million and a market capitalization of approximately US$2 billion on an undiluted basis.

UraMin is currently focusing on the development of its advanced exploration projects at Trekkopje in Namibia, Bakouma in the Central African Republic and Ryst Kuil in South Africa. Through the South African joint venture, UraMin also enjoys additional prospecting license applications for important uranium deposits in the Karoo, South Africa.

LEGAL NOTICE

This announcement does not constitute or form part of any offer to sell or invitation to purchase any securities or solicitation of an offer to buy any securities, pursuant to the Offer or otherwise. The Offer will be made solely by the formal offer and take-over bid circular, which will contain the full terms and conditions of the Offer, including details of how the Offer may be accepted.

This announcement is for information purposes and is not a substitute for the formal offer and take-over bid circular. Copies of the offer and take-over bid circular and other materials relating to the Offer can be obtained when they become available free of charge at the SEDAR website at www.sedar.com.

FORWARD-LOOKING STATEMENTS

This document contains statements which are, or may be deemed to be, "forward looking statements" which are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of forward-looking words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of UraMin to be materially different from any future results, performance or achievements expressed or implied by the forward looking statements. Important factors that could cause actual results, performance or achievements of UraMin to differ materially from the expectations of UraMin include, among other things, general business and economic conditions globally, commodity price volatility, industry trends, competition, changes in government and other regulation, including in relation to the environment, health and safety and taxation, labor relations and work stoppages, changes in political and economic stability, the failure to meet certain conditions of the Offer and/or the failure to obtain the required approvals or clearances from regulatory and other agencies and bodies on a timely basis or at all, the inability to successfully integrate UraMin's operations and programs with those of AREVA, incurring and/or experiencing unanticipated costs and/or delays or difficulties relating to integration of UraMin, disruptions in business operations due to reorganization activities and interest rate and currency fluctuations. Such forward-looking statements should therefore be construed in light of such factors.

Other than in accordance with its legal or regulatory obligations, AREVA is not under any obligation and AREVA expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Neither the Toronto Stock Exchange nor the AIM has reviewed and does not accept responsibility for the adequacy or accuracy of the release.


<<
(1) Calculated based on UraMin's 20-day volume weighted average trading
price on the Alternative Investment Market of the London Stock
Exchange ending on June 8, 2007
(2) Last trading day prior to the date on which UraMin announced it had
entered into negotiations regarding a potential sale of the company
(3) The existing number of UraMin shares is currently about 277M.
Given the number of options and warrants that have been emitted,
UraMin share capital is made of 323M of shares on a fully diluted
basis
>>

SOURCE: UraMin Inc.

UraMin Inc, Neil Herbert, Finance Director, Tel: +44 77 85 95 77 84; Stephen R. Dattels, Executive Deputy Chairman; Tel: +44 79 17 73 92 49
Copyright (C) 2007 CNW Group. All rights reserved.

Denke mal die werden noch  nachlegen müssen. Das Angebot ist viel zu niedrig, liegt wohl daran, dass sie bis jetzt noch keine Bieter-Konkurrenz haben. Wird sich sicherlich bald ändern. Vielleicht mischen auch bald die Chinesen mit, dann heißt es für die Franzosen doch etwas tiefer in die Tasche zu greifen.

was mich allerdings etwas stört, ist die Tatsache, daß nur noch 44,5% des freefloats angedient werden müssen, damit areva die notwendigen 75% zusammen hat. Schau mer mal.... ist ja noch 35 Tage Zeit, erst einmal weiter halten, denn was hat man schon zu verlieren?  

höher als das Angebot der Franzosen. Die bieten pro  Aktie 7,75 CAD Dollars.  

erhöhen. URAMIN war ein netter Play. Dank an RSR.

der aktuelle Kurs ist etwas höher, aber nur zur Klarstellung: sie bieten 7,75 U S $.  

Das von uns am Montag bereits spekuliert, ist Areva der Käufer des Uranexplorers UraMin.

Mit 7,75 CAD in Cash will man den u.a. in Namibia ansässigen Explorer übernehmen.

Areva ist der größtenteils staatliche französische Kernkraftwerkbetreiber.

„Verdächtig“ ist jedoch, dass die Aktie in Kanada nun bei hohen Umsätzen auf 8,50 CAD gestiegen ist.

Wir vermuten daher, dass einige „Eingeweihte“ mehr wissen und es zu einem weiteren Angebot kommt.

Die Wahrscheinlichkeit, dass Areva nachbessert oder ein anderer Konkurrent sich eine Übernahmeschlacht mit Areva leistet, ist daher hoch.

Wir würden jedoch auf keinen Fall jetzt noch auf diese Spekulation aufspringen.

Denn kommt es nicht dazu, bleibt das Areva-Angebot bei 7,75 CAD bestehen.

Andere Uranaktien dürften nun in den kommenden Tagen und Wochen ebenfalls in den Fokus geraten.

Ein Areva-Sprecher bestätigte in dieser Woche, dass man sich auch mit anderen Uran-Explorern „unterhalte“.

bin erst im März zu 3,75 rein.
Eine Übernahmeschlacht wäre phantastisch. $$$

Möchte aber steuerfrei raus, daher long.  

Das sehe ich genauso wie Du. Mein Invest ist ebenfalls long ausgerichtet. Deshalb bin ich noch nicht so scharf auf eine Übernahme. Leider werden das "wie und wann" andere Player entscheiden.

Viel Glück

zu K unter 5,80 und damit unter dem Areva-Angebot? Das gilt noch ca. 4 Wochen und in der Zeit könnte es noch ein Konkurrenzangebot geben, was den K nach oben treibt. Für diese Chance ist doch wohl eine anständige (positive) Prämie fällig. Wenn ich nicht schon investiert wäre, würde ich jetzt glatt kaufen.    

gehen.  

Hab mir gleich ein paar gesichert. nun man wird sehen was die Übernahmespeku. bringt.

den Markt so früh wie möglich über die Ergebnisse dieser Probebohrungen
informieren. Die Arbeit in den UraMin-Gebieten in Niger, die einen Teil des
neuen Joint Ventures darstellt, hat auch am Boden begonnen.'

Die Standorte, die in dieser Phase getestet werden, umfassen insgesamt drei
Ziele in Irhazer und In Gall. Das Ziel des Programms ist es, in der Nähe
von radioaktiven Domstrukturen und unterirdischen Sandsteinvorkommen zu
testen, die dafür bekannt sind, an den benachbarten Erzabbaustellen Azelik
und Imouraren wirtschaftlich relevante Mineralisierung zu enthalten.

Die Bohrungen werden durchgeführt von ESAFOR aus Arlit, Niger. ESAFOR ist
eine der großen Bohrfirmen bei der Uranerkundung und dem Uranabbau in
Niger. Mindestens 14 Löcher sind geplant, um in dieser ersten Phase Gebiete
mit potenzieller Uranmineralisierung in geringer Tiefe zu testen.

Portfolio an Abbaugebieten des Joint Ventures

Das Joint-Venture-Unternehmen verfügt derzeit über acht Uranabbaugebiete
- Irhazer, In Gall, Kamas 1 bis 4 sowie Dabala 3 und 4 – die zusammen eine
Fläche von 6.773 km2 (1.673.644 acres) abdecken.

Irhazer und In Gall ergaben Uranwerte von 0,22% U3O8 bis 1,0% U3O8 von fünf
Proben Oberflächengestein, die aus Aufschlüssen gesammelt wurden, wie in
einer Pressemeldung von Northwestern Mineral Ventures vom 29. Mai 2007
berichtet. Diese Proben wurden erneuten Analysen unterzogen, nachdem sie
Nachweisgrenzen von Urantests überschritten hatten, die üblicherweise für
die Analyse von Proben aus dem Niger verwendet werden. Produktionsminen und
-ablagerungen im Niger reichen normalerweise von 0,1% bis 0,42% U3O8, wobei
die höchsten Werten in größeren Tiefen erreicht werden.

Kamas 1 bis 4 und Dabala 3 und 4 liegen nebeneinander und entlang der
nachgewiesenen Arlit-Verwerfung westlich einer erfolgreichen
uranproduzierenden Mine.

Die Gründung des neuen Unternehmens und die Beendigung der Transaktionen
unterliegen der Prüfung und Genehmigung der Republik Niger sowie der
Vergabe aller geltenden vorschriftsmäßigen Autorisierungen (einschließlich
Genehmigung der TSX Venture Exchange) und eines 'Favorable Fairness'
Gutachtens.

Nach Angaben der Experten spiegle sich dieser Preisschub auch in den Aktiennotierungen der börsennotierten Uran-Fördergesellschaften wider. Ähnlich wie in der Windenergiebranche rolle auch hier eine Übernahmewelle, die die Kurse zusätzlich vorantreibe. Der französische Atom-Konzern Areva habe zuletzt ein Angebot für die kanadische Gesellschaft Uramin unterbreitet. Uramin sei erst vor rund zwei Jahren gegründet worden und entwickle Förderprojekte in Afrika. Die Franzosen würden weltweit Kernkraftwerke planen, bauen und modernisieren und diese auch mit Brennstäben versorgen. Zu diesem Geschäftsmodell würde Uramin perfekt passen. Eigenen Angaben zufolge könnte Areva mit der Übernahme seine Uranförderung bis zum Jahr 2010 verdoppeln.

Areva biete 2,5 Mrd. USD oder umgerechnet 1,9 Mrd. Euro. Das Angebot pro Uramin-Aktie liege bei 7,75 USD bzw. 5,75 Euro. Die Übernahmefrist für das verbindliche Angebot laufe in einem ersten Schritt bis zum 20. Juli 2007. Sollten die Franzosen dann nicht mindestens 75% der Anteile angeboten bekommen haben, könne der Konzern die Übernahme stoppen. Die Experten würden jedoch für diesen Fall die Erhöhung des Übernahmepreises für deutlich wahrscheinlicher halten.

Wie die Experten berichten würden, ergebe sich aus dieser Konstellation eine attraktive Chance. Der Kurs der Uramin-Aktie sei in den nächsten zwei Wochen durch das Übernahmeangebot im Bereich um 5,75 Euro nach unten weitgehend abgesichert. Umgekehrt bestehe aber die Chance, dass Areva beim Werben um die Kanadier beim Preis draufsatteln müsse. Aber auch ein höheres Angebot von einem anderen Konzern sei denkbar. Für Übernahmefantasie sei bei Uramin gesorgt.

Mit einem Kursziel in Höhe von 6,30 Euro ist die Uranim-Aktie für die Experten von "Fuchsbriefe" ein spekulativer Kauf. Zur Absicherung sollte ein enger Stoppkurs bei 5,50 Euro platziert werden. (Ausgabe 27 vom 05.07.2007)

läuft das Angebot aus. Sollten sie bis dahin nicht die nötige Anzahl von Aktien haben werden sie ihr Angebot nachbessern müssen.

Wertpapierbezeichnung URAMIN INC. REGISTERED SHARES O.N.
Art Freiwillige Barabfindung
Frist bis  27.07.2007
Abfindungspreis  7,75 USD
Die CFMM Development (eine Tochtergesellschaft der Compagnie Francaise de Mines et Mtaux S.A.) bietet den Aktionären der Gesellschaft ein Übernahme-/Abfindungsangebot für ihre Aktien an. Die Einstellung der Notierung ist für den 02.08.2007 vorgesehen.

Was denkst Du ? Raus aus der Aktie oder doch noch hoffen, dass ein anderes Angebot abgegeben wird ! Wenn weiterhin der Dollar in die Knie geht, verlieren wir täglich Geld weil das Angebot ja bei 7,75 USD steht. Also was tun  Deiner Meinung nach.

Wie verhaltet Ihr Euch ??

wers annimmt ist selber schuld und könnte genauso gut schon längst auch so verkauft haben...es gibt Dinge über die man nicht zu sprechen braucht, wir sollten uns da einig sein ;-)

USD 7,75 (ggf. unter Abzug von US-Quellensteuer) umgerechnet 5,62 €
Aktueller Kurs 5,76 €
Über was bitte sollen wir hier reden? Da kann ich nur "golfern" posting 87 zustimmen. Das sogenannte Angebot ist doch eine Frechheit! Also nochmal ganz deutlich: In der Ruhe liegt die Kraft. So eine Perle verschenkt man doch nicht einfach. Schönen Tach noch und viel Erfolg.  

Ich möchte nicht falsch verstanden werden, natürlich halte ich den Preis für viel zu niedrig, aber man muss trotzdem über die verschiedenen Szenarien nachdenken und sich eine Strategie zurecht legen.

s.a. Posting 77

Leider werden das "wie und wann" andere Player entscheiden.

wer sammelt da?