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NWT Uranium Corp. and Nu-Mex Uranium Corp. terminate arrangement agreement
ALBUQUERQUE, NM, and VANCOUVER, BC, Feb. 13 /CNW/ - Nu-Mex Uranium Corp. ("Nu-Mex") and NWT Urani...
About this update from Captor Capital Corp
[{"type":"text","content":"\n\n\n\nALBUQUERQUE, NM, and VANCOUVER, BC, Feb. 13 /CNW/ - Nu-Mex Uranium Corp.\n("Nu-Mex") and NWT Uranium Corp. ("NWT") announced today that as a result of\nmarket circumstances the companies have mutually agreed to terminate the\narrangement pursuant to which Nu-Mex was to acquire 100% of the securities of\nNWT pursuant to a court approved plan of arrangement (which was previously\nannounced on December 20, 2007). NWT and Nu-Mex have signed a termination and\nmutual release agreement pursuant to which each party released the other from\nall liabilities and obligations relating to the arrangement.\n\n\nABOUT NWT URANIUM CORP:\n\n\nNWT Uranium Corp. is an international resource exploration company with\nan experienced, highly technical management team. Since its inception, NWT has\nconcentrated on the acquisition of properties with potential uranium targets.\n\n\nSymbol: OTCBB - NWURF; TSX Venture - NWT\n\n\nABOUT NU-MEX URANIUM CORP:\n\n\nNu-Mex Uranium Corp. is an exploration stage uranium mining company with\ncorporate offices in London, England, and operational offices in New Mexico,\nUSA. Its foundational assets are located in the southwest United States.\nNu-Mex is focused on uranium resources that can be brought to near-term\nproduction.\n\n\nSymbol: OTCBB - NUMX; Frankfurt AN4, WKN NO. A0MUN4.\n\n\n SAFE HARBOR STATEMENTS:\n\n\nThis press release contains "forward-looking information" that is based\non the parties' current expectations, estimates, forecasts and projections.\nThis forward-looking information includes, among other things, statements with\nrespect to Nu-Mex's proposed business combination with NWT. The words "may",\n"would", "could", "should", "will", "likely", "expect," "anticipate,"\n"intend", "estimate", "plan", "forecast", "project" and "believe" or other\nsimilar words and phrases are intended to identify forward-looking\ninformation. Forward-looking information is subject to known and unknown\nrisks, uncertainties and other factors that may cause the parties' actual\nresults, level of activity, performance or achievements to be materially\ndifferent from those expressed or implied by such forward-looking information.\nSuch factors i...