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Byline: Charlotte Mathews
Uranium One opts for issue of debentures CHARLOTTE MATHEWS URANIUM miner Uranium One had revised the terms of its C$270m financing with a Japanese consortium, which had been under negotiation for 10 months, to a debenture rather than a share placing, it said yesterday.
The company, which has a primary listing in Toronto and a secondary listing on the JSE, has interests in joint venture uranium projects in Kazakhstan and in projects in the US, SA and Australia. It owns the Dominion uranium mine near Klerksdorp, which is on care and maintenance.
In February, when the financing arrangement was announced, Uranium One said the Japanese …