Business Services Industry
McClearyA's Segue deal nets $2.5m.
Australasian Business Intelligence, February, 2007
Byline: John Phaceas
Feb 06, 2007 (The West Australian - ABIX via COMTEX) -- Norm McCleary has negotiated a deal with Segue Resources for a 50 share in his claim over the Pamela and Angela uranium deposits. The announcement that the Perth prospector had secured a 50 share in McCleary Investments' contested applications for the Northern Territory (NT) deposits resulted in its shares peaking at $A1.45 on 6 February 2007. The stock closed 53 higher at $A1.10. McCleary claims he beat 40 other applicants when he pegged the ground at midnight on 7 December 2006, while the other claimants acted on the advice of the NT Government and lodged their claims with the Department of Primary Industry, Fisheries & Mines at 8am. The matter is scheduled to be heard in the Supreme...
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