June 23, 2008 11:13 ET

Canadian Trading and Quotation System Inc.-New Listing-Arctic Hunter Uranium Inc. (AAAU)

TORONTO, ONTARIO--(Marketwire - June 23, 2008) -

CNQ Bulletin 2008-0608

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

Symbol: AAAU

CUSIP: 03967L 10 8

ISIN: CA 03967L 10 8 5

Applications are being accepted for Market Makers for "AAAU".

Contact Information

  • Canadian Trading and Quotation System Inc. (CNQ)
    Radhika Ramkarran
    Listings Coordinator
    (416) 572-2000 X 2435
    (416) 572-4160 (FAX)