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About Strategies => Modified or Delisted Tickers => Topic started by: Super Stock Picker on October 22, 2013, 10:07:24 PM



Title: UUU Delisted
Post by: Super Stock Picker on October 22, 2013, 10:07:24 PM
Following its acquisition, Uranium One (UUU) has been delisted from Toronto Stock Exchange on October 21st, 2013.

As a result, this stock has been sold on that day from the Low PEG Ratio portfolio.

You can read the complete Press Release below:
MOSCOW, Oct 19 (Reuters) - Canadian miner Uranium One Inc , which Russian nuclear corporation Rosatom just took private, will delist from the Toronto Stock Exchange and the Johannesburg Stock Exchange on Oct 21 and Oct 22, respectively, its parent firm said on Saturday.

Last month, Uranium One Inc said it received regulatory approvals for going private with Rosatom units.

In January, Russia's state uranium company agreed to pay C$1.3 billion to take Canada's Uranium One Inc private, as the successor to the Soviet Union's nuclear industry seeks to strengthen its grip on supplies.