Form 8-K for US ENERGY CORP
30-Jul-2007
Other Events
Item 8.01. Other Events
On July 27, 2007, U.S. Energy Corp. and Crested Corp. issued a press release concerning final sale of the shares of sxr Uranium One which the companies had received in April 2007 as partial consideration for the sale of their uranium assets to Uranium One. That press release, a copy of which is attached as exhibit 99.1, is incorporated by reference into this Form 8-K report.
As of March 31, 2007, Crested owed USE $12,963,900. As of June 30, 2007, Crested had paid this obligation.
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Section 9: Financial Statements and Exhibits