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Last Post: 10/4/2018 9:06:53 AM - Followers: 3 - Board type: Free - Posts Today: 0

URACAN RESOURCES Uracan Resources Ltd. (TSX-V: URC/OTC:URCFF.PK) is exploring for near surface, bulk tonnage uranium deposits in Canada, as this style of deposit can be developed quickly and inexpensively. The company's first two projects have abundant historical data showing several pounds U3O8 per ton over large areas, are easily accessible and have year round access. Management has an excellent track record in creating value for shareholders. Several of their exploration companies have been purchased by mining majors, and they have put mines into production for a major mid-tier gold producer. COMPANY WEBSITE http://www.uracanresources.com/s/Home.asp COMPANY PRESS RELEASES http://www.uracanresources.com/s/NewsReleases.asp CURRENT PROJECTS Uracan Resources has acquired 100% of the "North Shore" uranium properties on the north shore of the St. Lawrence River in south-eastern Quebec, Canada. This land package of more than 900 sq km of claims has had two major staking rushes involving dozens of junior companies and major players such as Denison, Imperial Oil and Uranerz. Showings graded an average 0.3 to 0.5 pound U3O8 per ton, including some higher grade lake sediments. http://www.uracanresources.com/s/QuebecUranium.asp Uracan Resources Ltd. ("Company") announces that it has staked claims in the Pipewrench Lake and Narrows Lake area approximately 130 kilometers northwest of La Ronge, Saskatchewan. These two claims total approximately 2,056 Hectares, with the Company holding a 100% interest in these properties. The claims cover an area which received several phases of exploration in the late 1960's and 1970's. This work included ground and airborne geophysics, prospecting, surface sampling, trenching, mapping and diamond drilling. The properties have not seen any exploration activity since the late 1970's. A total of approximately 2,511 meters of diamond drilling has been completed on the properties, with approximately 1,027 meters on the Pipewrench Lake Claim and approximately 1,484 meters on the Narrows Lake Claim. This drilling was completed between the late 1960's and late 1970's. Historic Assessment reports (Can-Fer Syndicate, 1970, 1971; R. Bissonnette, 1979) show significant mineralization was encountered in these drill programs. These assessment reports cover both the Pipewrench Lake claim and the Narrows Lake Claim. http://www.uracanresources.com/s/Saskatchewan.asp COMPANY MANAGEMENT Gregg J. Sedun Position: Chairman, Director Mr. Sedun is an independent venture capital professional based in Vancouver, Canada. He is a former corporate finance/securities lawyer having practiced law for 14 years; thereafter, for 7 years he was the President of a private venture capital firm; and was President/CEO of Diamond Fields International Ltd., a TSX listed company, for over two years. Mr. Sedun has been involved as founder, director or early stage investor in a number of very successful companies including Diamond Fields Resources (acquired for $4.3 billion in the largest take over ever of a junior mining company); Adastra Minerals (recently acquired by First Quantum Minerals for $300 million); Peru Copper Inc. (listed on TSX with $65 million IPO and current market cap of over $500 million); Ascalade Communications ($40 million IPO in 2005 on TSX Exchange - revenues of US$115 million); and Neurovir (acquired by Medigene, a leading German biotech - US$40 million valuation). Gordon Keep Position: President, Director Gordon Keep, Director -- is Managing Director, Corporate Finance for Endeavour Financial. An MBA and P.Geo, his career in corporate finance has spanned over 20 years, where his responsibilities have included financings, mergers and acquisitions and public company administration. Previously, he held positions as Senior Vice President of Lions Gate Entertainment Corp. and Vice President of Corporate Finance with Yorkton Securities Inc. Tom Garagan Position: Director Tom Garagan, Director - was appointed Vice President Exploration of Bema Gold in 1996, after joining the Bema group of companies in 1991. A 1980 geology graduate from the University of Ottawa, he has worked in North and South America, East and West Africa and Russia. With the Bema companies, he has been instrumental in several discoveries, including the Cerro Casale (Chile) and Kupol (Russia) deposits. http://www.uracanresources.com/s/Management.asp SHARE STRUCTURE 49,237,432 Issued 183,600 Agents Warrant outstanding: Amount Exercise Price Issue date Expiry Date 183,600 $0.50 27-Jul-06 27-Jul-07 5,150,000 Warrant outstanding: Amount Exercise Price Issue date Expiry Date 4,150,000 $0.80 14-Dec-06 14-Dec-08 1,000,000 $0.90 19-Dec-06 19-Dec-08 2,725,000 Stock Options Outstanding 57,296,032 Fully Diluted http://www.uracanresources.com/s/ShareStructure.asp COMPANY STOCKCHART Guidelines for this board: - Please keep your messages to URC. - Off topic posts will be deleted at the Moderators discernment. - Posts will be deleted not considered relevant to the DD of the Company. Those include promotional newsletters from companies that are promoting URC. As a rule: Any posts relating to the promotion of other stocks will be deleted. Any posts 'attacking' individuals, will be deemed personal, and be deleted. These are covered in the TOS and will be enforced as per Moderator's discretion. This board follows iHub guidelines which also discourages advertising. Thank you and Good Luck To All URC Shareholders.
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URCFF News: Clive Johnson Increases His Ownership of Uracan 09/11/2014 07:41:00 PM
URCFF News: Uracan and Forum sign definitive Option Agreement on Clearwater Property in Patterson Lake South area 08/27/2014 09:00:00 AM
URCFF News: Uracan/UEX report uranium mineralization on the Black Lake Project; ground geophysical survey underway 04/02/2014 09:00:00 AM
URCFF News: Uracan/UEX begin winter drilling campaign on the Black Lake Property in the Athabasca Basin 02/11/2014 02:29:00 PM
URCFF News: Uracan Resources Ltd. (URCFD: OTC Link) | Symbol Change 05/30/2013 01:02:30 AM
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#30   URCFF: Effective Oct. 5,2018 Uracan Resources Ltd. will Renee 10/04/18 09:06:52 AM
#29   Uracan and UEX Begin 2015-Drilling-Campaign on-the Black-Lake-Property UserAlias1 01/08/15 12:34:00 PM
#28   Uracan continues to intercept large widths of mineralization sumisu 01/13/10 08:29:10 PM
#27   Small Nuke Plants are Coming-- futrcash 12/25/09 10:42:59 PM
#26   Uracan discovers multiple new areas of uranium mineralization sumisu 12/07/09 12:45:26 PM
#25   Uracan to Benefit from Return of the Uranium HowardHughs 05/07/09 09:55:43 PM
#24   URACAN TO BEGIN DRILLING NORTH SHORE nlightn 02/05/07 01:24:08 PM
#23   Sleeping Giants and Untold Riches! nlightn 01/27/07 08:12:36 AM
#22   you are quite welcome,...EOM. nlightn 01/24/07 08:41:26 AM
#21   Good read, thanks. million 01/24/07 08:30:56 AM
#20   What I Heard in Vancouver! nlightn 01/24/07 08:21:12 AM
#19   URACAN RESOURCES LTD. ENCOUNTERS SIGNIFICANT URANIUM nlightn 01/19/07 08:49:34 PM
#18   As an open pit project, how long is huesos 01/18/07 01:28:50 PM
#17   Uracan's 2006 exploration results identifies kilometric sized uranium nlightn 01/17/07 12:50:06 PM
#16   Uracan's 2006 exploration results identifies kilometric sized uranium nlightn 01/17/07 12:41:48 PM
#15   WEISS RESEARCH:China’s Uranium Fever! nlightn 01/17/07 09:50:25 AM
#14   Scotiabank Vice President, Industry and Commodity Market Research nlightn 01/16/07 08:35:26 PM
#13   Russia to Dictate Uranium Price Swings? nlightn 01/14/07 07:45:57 AM
#12   Uranium Mining and Exploration Companies nlightn 01/12/07 09:14:41 AM
#11   Three reasons to love uranium ... nlightn 01/10/07 09:37:08 AM
#9   StockLobster - glad you found Uracan as a nlightn 01/09/07 07:12:50 PM
#8   Uranium plays are why I first started trading Stock Lobster 01/09/07 06:48:44 PM
#7   You into Uranium plays? million 01/09/07 06:12:20 PM
#6   Nice looking company. Thanks for the heads up! Stock Lobster 01/09/07 04:55:37 PM
#5   Uracan Announces Closing Of Its Previously Announced Financing nlightn 01/09/07 03:15:17 PM
#4   Uracan Announces Closing Of Its Previously Announced Financing nlightn 01/09/07 03:14:39 PM
#3   Uracan Announces $650,000 Financing nlightn 01/09/07 03:13:33 PM
#2   Uracan Announces $4 Million Financing nlightn 01/09/07 03:12:15 PM
#1   Uracan Completes Summer Program on North Shore Uranium nlightn 01/09/07 03:11:32 PM
PostSubject