Welcome to Uranium Limited
Shareholder notice
Following the acquisition of the Company by Uranium Participation Corporation ("UPC") on 30 March 2010, shareholders are entitled to 0.50 common shares of UPC for each Uranium Limited share held. For more information on how to exchange Uranium Limited shares for UPC shares, please refer to the information provided on the UPC website
Change of name
The Company was previously named Nufcor Uranium Limited.
Following the termination on 24 June 2009 of the advisory services agreement among Nufcor Uranium Limited, Nufcor International Limited and Nufcor Capital Limited, originally entered into on 18 July 2006 and amended and restated on 2 May 2007 and further amended and restated on 15 August 2007, the Company was contractually obliged to change its corporate name to a name that does not include the name “Nufcor” or any name that is intended or which is reasonably likely to be confused or associated with it.
Consequently, the Company changed its name to Uranium Limited by special resolution dated 17 September 2009.
Company description and investing strategy
The Company is a limited liability closed-ended Guernsey-incorporated and domiciled investment company. The Company provides investors with investment exposure to the price of uranium and is listed on the AIM Market of the London Stock Exchange (“AIM”) and the Toronto Stock Exchange (“TSX”) under the ticker code “UML”.
The strategy of the Company is to hold uranium for the long term and not to actively speculate with regard to short-term changes in the price of uranium. The Company has adopted the following investment guidelines:
- at least 90% of the net proceeds of the Subscription receivable by the Company (and at least 90% of the net proceeds of any future issues of Shares, if any) must be invested in, or held for future acquisitions of, Uranium with the balance retained to meet some of its operating expenses;
- the Company holds, but does not actively trade or speculate in, Uranium, but it may acquire further Uranium from time to time, or may sell some of the Uranium which it holds if the Board considers that it would be appropriate to do so at the relevant time; and
- the Company will seek to lend a proportion of the Uranium which it owns and to use the proceeds to meet some of its operating expenses. Such loans will be made to third parties after consideration of credit worthiness, credit concentration issues and the provision of appropriate security and other risk mitigation measures.
Uranium Limited’s uranium assets include 2.8 million lbs U308 equivalent, including 412,000 kgU of UF6.
Press Releases
30 March 2010
Scheme of Arrangement - Court Hearing Announcement
9 March 2010
Results of Court Meeting & EGM
28 February 2010
Uranium Limited NAV PDF
9 February 2010
Posting Announcement
8 February 2010
Scheme of Arrangement - Details of Court meeting and EGM
31 January
Uranium Limited NAV PDF
11 January 2010
Information re Proposed Acquisition of UL by UPC
5 January 2010
RNS re Wellington
31 December 2009
Uranium Limited NAV Statement PDF
24 December 2009
RNS re Wellington
30 November 2009
Uranium Limited NAV Statement PDF
Regulatory Information
AIM Rule 26 Information PDF
Annual Information Form PDF
Admission Document PDF
The Admission Document contains some historical information concerning the Company. Investors are directed to the Annual Information Form and the AIM Rule 26 Information for an update.
Annual Report of the Independent Review Committee PDF
Annual Accounts
Constitutional Documents
Download Memorandum PDF Download Articles of Association PDFContact us
Mercator Trust Company Limited
PO Box 336
Anson Court
La Route des Camps
St Martin,
Guernsey
Channel Islands
GY1 3UQ
Tel: + 44 1481 234200
Fax: + 44 1481 234300
Email: info@uraniumlimited.com