TORONTO, June 23 /CNW/ - The common shares of Arctic Hunter Uranium Inc.
have been approved for listing on CNQ. Following the qualification of the
Company's common shares and exercise of 4,850,000 special warrants, there are
approximately 8.5 million shares outstanding with a public float of
approximately 5.7 million shares. The most recent closing of 1.1 million
special warrants were issued at a price of $0.25.
Wolverton Securities Ltd. received 76,000 agent's special warrants in
connection with a private placement of 950,000 special warrants which closed
on May 31, 2007.
Arctic Hunter Uranium is involved in the acquisition, exploration and
development of mineral properties in Canada. Pursuant to a mineral property
purchase agreement dated May 25, 2006, the Issuer has acquired a 100% interest
in a uranium prospect comprised of one mineral claim of approximately 250.83
hectares, located near Lever Lake, approximately 30 kilometres east of Port
Radium and 340 kilometres north of Yellowknife, Northwest Territories, and
known as the Lever Lake property. The Company's objective is to conduct
exploration on the Lever Lake Property to determine if economic quantities of
minerals exist on the Property. The Company also intends to devote a portion
of its efforts to the assessment of additional mineral properties and will
consider the acquisition of such properties if opportunity to acquire
properties of value and interest to the Company arises.
Listing and disclosure documents for Arctic Hunter Uranium will be
available in the CNQ Listings Disclosure Hall
Trading Date: Wednesday, June 25, 2008
CUSIP: 03967L 10 8
ISIN: CA 03967L 10 8 5
Applications are being accepted for Market Makers for "AAAU".
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