First Uranium Receives Bid from South African Investor
Posted on June 08, 2012 at 17:55 PM EDT
Bloomberg reported that Mandla "Bear" Kumalo, owner of investment firm Kumvest (Pty) Ltd., has offered to purchase a 26 percent stake in First Uranium Corp. (TSX:FIU). Kumalo is hoping to stop First Uranium from selling a mine to Gold One International Ltd. (ASX:GDO).
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