Cameco Elects to End Option on Calypso Uranium Argentina Properties

Calypso Uranium Corp. (TSX VENTURE:CLP) ("Calypso" or the "Company") - Calypso
announced the Company has been provided with notice by Cameco Global Exploration
Ltd. ("Cameco") that Cameco will not be exercising its right to proceed with the
third year of the Option Agreement among Cameco, Calypso, and Calypso's wholly
owned subsidiary Energia Mineral Inc. ("Energia Mineral"). 


Calypso has been advised the decision is in no way a reflection on Calypso,
Energia Mineral, the Company's personnel or projects but is fundamentally a
strategic shift in the regions and projects where Cameco will focus their
exploration efforts. Cameco will retain no interest in Energia Mineral or its
properties. 


Stephen Barley, President and CEO of Calypso, commented: "We have accomplished a
great deal in advancing our knowledge of our properties in the past two years of
joint exploration with Cameco. We will now assess the most optimal approach for
continuing our efforts on our large and highly prospective package of uranium
projects in Argentina. Calypso is evaluating new opportunities in the uranium
and other resource sectors in multiple countries including Argentina in order to
provide further diversity for our shareholders. The Company is well funded with
over $4 million in working capital."


About Calypso 

Calypso Uranium Corp. is a mineral exploration company whose principal focus is
the exploration and development of uranium properties in Argentina and in the
United States. Calypso is active in Argentina with more than 460,000 hectares or
4,600km2 of claims and mineral concessions in the provinces of Chubut, Mendoza
and Neuquen. While maintaining its principal focus on the development of the
Argentine uranium projects, Calypso has a 51.4% interest and is operator of the
Sage Creek properties located in Converse County, Wyoming. Calypso is
well-funded to advance all exploration projects and has the technical team and
management structure for this effort. Further information is available at the
website, www.calypsouranium.com or filed under the Company's profile at
www.sedar.com. 


CALYPSO URANIUM CORP. 

Stephen Barley, President & CEO 

This news release may contain forward-looking statements based on assumptions
and judgments of management of the Company regarding future events or results.
Such statements are subject to a variety of risks and uncertainties which could
cause actual events or results to differ materially from those reflected in the
forward-looking statements. The Company disclaims any intention or obligation to
revise or update such statements except as may be required by law. 


Shares Outstanding: 50,630,819

Calypso Uranium Corp. (TSXV:CLP)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024