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Acquiring Uranium Power Corp. to give Diversified Uranium Exploration Portfolio to Titan

GlobalData , June 2009, Pages: 18


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Acquiring Uranium Power Corp. to give Diversified Uranium Exploration Portfolio to Titan

Summary

Titan Uranium, Inc., a uranium mining company, entered into an agreement with Uranium Power Corporation, a uranium exploration company, to acquire the latter. According to the deal announced by Titan Uranium, Inc on May 8th, 2009, all the outstanding shares of Uranium Power Corporation will be acquired by Titan. Once the deal is completed, existing Titan and Uranium Power shareholders each will own 50% of the issued and outstanding shares of Titan. This strategic decision taken by both the companies will create a stronger company with diversified assets in various stages of exploration and development of uranium. Titan and Uranium Power Corporation are expecting to close the deal by the end of July 31st, 2009.

Scope

- GlobalData viewpoints cover the latest key events or important developments in the nuclear energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and Our views of various developments that have been taking place in the nuclear energy industry across the world.

Reasons to buy

- Develop business strategies with the help of specific insights from GlobalData on the key events happening in the nuclear energy industry.
- Gain a strong understanding of the nuclear energy market and analyze the major trends in the global nuclear energy industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the nuclear energy industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events



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