Post by Franko10 ™ on Jan 18, 2008 16:12:50 GMT -5
United Uranium Corp. Registers Notice of Dispute (ccnm)
SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 18, 2008) - United Uranium Corp. (TSX VENTURE:UUC). On January 4, 2008 the Company forwarded to the Saskatchewan Department of Energy and Resources, Mineral and Mines Branch, a Notice of Dispute under section 105 of The Mineral Disposition Regulations, 1986 (Saskatchewan) against Mineral Disposition S-111155 held by Purepoint Uranium Group Inc. ("Purepoint"), as referenced in the Company's press release dated January 10, 2008.
The Company received notification today that the Notice of Dispute was recorded by the Department of Energy and Resources against Mineral Disposition S-111155. The Company will, as required by S. 106(1) of The Mineral Disposition Regulations, 1986, proceed as expeditiously as practicable to resolve this dispute.
The Company asserts that it has an agreement with Purepoint whereby each party would own 50 percent of the claim, which was the subject matter of Press Releases by Purepoint on December 4 and December 6, 2007, and January 9, 2008. Purepoint disputes that such an agreement exists.
ON BEHALF OF THE BOARD
Eric Wray, President
FOR FURTHER INFORMATION PLEASE CONTACT:
United Uranium Corp. Eric Wray President (306) 664-3830
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