SOURCE: Uranium Limited

February 03, 2010 13:38 ET

Uranium Limited ("The Company") Interim Results for the Period Ended 31 December 2009

ST. MARTIN, GUERNSEY--(Marketwire - February 3, 2010) - Uranium Limited today announces its interim results for the period from 1 July 2009 to 31 December 2009.

Highlights

Highlights for the period ended 31 December 2009:

    --  Income                                   US$1,300,054
    --  Loss for the period                     (US$20,926,159)
    --  Shareholders' equity                     US$127,555,787
    --  Total assets at market value             US$128,126,847
    --  Adjusted NAV per share                   £1.91 (US$3.09)
    --  Decrease in £ NAV since 1 July 2009     (£0.26) (-12.0%)
    --  Decrease in US$ NAV since 1 July 2009   (US$0.51) (-14.2%)

Commenting on the results, Kelvin Williams, Chairman of Uranium Limited said:

"We are pleased to put before shareholders a transaction which the Board believes will enable shareholders to access the NAV of their company, and, going forward, to enjoy improved trading liquidity for their shares in a company with comparable investment objectives and strategy in the uranium market to those of Uranium Limited."

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/6478G_1-2010-2-3.pdf

Contact Information

  • For further information, please contact:

    Uranium Limited
    Kelvin Williams (Chairman)
    +27 82 788 0094