Business
TIGRIS URANIUM CORP. COMMENCES TRADING AS "TU" ON THE TSX VENTURE EXCHANGE
TIGRIS URANIUM CORP. COMMENCES TRADING AS "TU" ON THE TSX VENTURE EXCHANGE
About this update from Encore Energy Corp.
[{"type":"text","content":"\n\n\n\n Sep. 2, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nTSX.V: TU\nwww.tigrisuranium.com\n\nVANCOUVER, Sept. 2 /CNW/ - Tigris Uranium Corp. (TSX.V: TU) ("Tigris" or the" Company") is pleased to announce that it has received final approval of its qualifying transaction (the "Transaction") by the TSX Venture Exchange ("TSX-V") and has commenced trading as a Tier 2 Mining Issuer on the TSX-V. In connection with the Transaction, the Company has changed its name from "Dauntless Capital Corp." to "Tigris Uranium Corp.". The new trading symbol of the Company is "TU".\nThe Transaction was initially announced in the Company's news release on May 27, 2010, and more particularly described in a news release of August 23, 2010 and filing statement dated August 18, 2010 (the "Filing Statement"). As a result of the completion of the Transaction, the Company has ceased to be a Capital Pool Company (as defined in the policies of the TSX-V).\nThe Company completed the Transaction through the acquisition of an exclusive option (the "Option") to earn interests in the Crownpoint, Hosta Butte and McKinley uranium properties located in McKinley County, New Mexico, USA, subject to a sliding scale gross proceeds royalty. The Option was granted to the Company by NZ Uranium, LLC of Arizona.\nIn May 2010, Tigris received three technical reports for the Crownpoint Properties (Sections 19 and 29, and Section 24) as well as the Hosta Butte Property. The reports were prepared by Gregory Myers Ph.D., a Member and Chartered Professional Geologist of the Australian Institute of Mining and Metallurgy and a Washington State Professional Geologist.\nAll three properties are located in Northwestern New Mexico, approximately 125 miles northwest of Albuquerque and approximately 5 miles to the south of the small town of Crownpoint. Uranium mineralization at the properties is hos...