30 April 2013 Quarterly Activities Report – March 2013 • UXA continuing its restructure to reduce debt and re-focus on its core strategy of exploration discovery and resource development.
• Capital Strategies of Adelaide in final stages of completing the sale of GAA Wireline’s Australian business including Prompt Fission Neutron technology. Capital Strategies is undertaking advanced negotiations with several parties for the purchase of its GAA Wireline logging company and Prompt Fission Neutron technology.
The sale of UXA’s US logging business was finalised 18 April 2013 netting the company US$350,000.
UXA Price at posting:
0.2¢ Sentiment: None Disclosure: Held