Definitive Agreement Signed Between U.S. Energy Corp. and sxr Uranium One.

0 Comments | M2 Presswire, February, 2007

M2 PRESSWIRE-23 February 2007-Afternoon Movers: Definitive Agreement Signed Between U.S. Energy Corp. and sxr Uranium One(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:23022007 U.S. Energy Corp. (NASDAQ:USEG), through its subsidiaries, engages in the acquisition, exploration, development, production, and sale of mineral properties.

At the time of writing shares are up 11 to $6.25 with over 1 million in volume. This momentum comes as U.S. Energy Corp. (Nasdaq: USEG) and Crested Corp. (OTC Bulletin Board: CBAG), natural resource exploration and development companies, today announced the signing of a definitive Asset Purchase Agreement ("APA") for the sale of their uranium assets to sxr Uranium One Inc. (Toronto and Johannesburg Stock Exchange: SXR), in accordance...