We would like to highlight Uranium Hunter Corp. (OTCBB: URHN). The company is a natural resource corporation devoted to the exploration and development of deposits of Uranium and Gold in East Africa. The company website can be found at www.UraniumHunterCorp.com.
In the company’s news this morning,
Uranium Hunter Corp. announced that it has continued to receive positive results from its ongoing advanced field program at Ruhuhu. Initial traversing has delivered very high Geiger-counter readings at ground Target 4. As high as 870 cps were recorded over a 25m interval at the northeast side of the trend anomaly.
Taking into account these encouraging results, the company intends to move forward with trenching, pitting, and systematic sampling at Target 4 while continuing with its existing field program. The company stated that it will be reporting further updates to shareholders as results become available.
Uranium Hunter also announced that it is in the process of finalizing and executing a stock option plan for its officers, directors and consultants. The details of the stock option plan are expected to be announced in the future.
Ghaith Qamheiah, President of Uranium Hunter commented, “Given the positive preliminary results of our field program, the initiation of a stock option plan for our directors, officers and consultants is a natural next step. Unquestionably, we are in the midst of very exciting times not only for company insiders but for all investors.”
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
