[miningmx.com] — FIRST Uranium said on Monday it has extended the deadline for entering into a deal with Gold One International on the sale of Ezulwini gold and uranium mine.
The two companies announced earlier in March they’ve agreed in principle that Gold One would buy Ezulwini from First Uranium for $70m. First Uranium is in the process of winding up its operations.
“The Gold One letter agreement is subject to a number of conditions precedent,
including entering into a definitive transaction agreement on or before March 16, 2012,” read a First Uranium statement.
“FIU and Gold One have agreed to extend the date to…on or before March 23, 2012.”
