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Extract to Mine Rossing MOU Pending

July 17th, 2009

From today’s Miningnews.net

Excerpts:
“EXTRACT Resources says it has been contacted regarding the development of its flagship Rossing South project in Namibia and has quashed recent media speculation concerning possible takeover bids.

The Perth-based uranium play confirmed that it has been approached by a number of interested parties concerning the Rossing South development.

“The company, assisted by Rothschild, continues to review the various corporate and business options aimed at bringing Rossing South into production in the most effective manner,” Extract said.