Published:
Uranium Hunter Corporate Update
Uranium Hunter Corporation (OTCBB: URHN) ("Uranium
Hunter" or the "Company") is pleased to update the investment community
with its new corporate focus and direction in the field of mineral
exploration in East Africa, specifically Uranium exploration in Tanzania.
As of the first quarter of 2007, management of Uranium Hunter focused the
company towards mineral exploration in East Africa, with a specific focus
towards Uranium exploration. Shareholders of the company approved a 2 for
1 stock split and name change to Uranium Hunter Corporation and received
the new trading symbol URHN. The company is moving forward to develop a
distinguished, and well structured Uranium exploration junior positioned in
one of the most prolific exploration area's of Africa. With this new
initiative, the company has developed a corporate website that will keep
the investment community abreast of all developments. Management
encourages investors to inquire about the company thought the corporate
website at www.UraniumHunterCorp.com.
With the new focus initiated, it was critical to develop a strong, focused
management team. Recent appointments to the Board of Directors and Board
of Advisors have positioned Uranium Hunter to maximize the talent of
management to ensure an effective and dynamic execution of its business
plan. An initial mandate has been set to initiate progress on the "Ruhuhu"
Project in southern Tanzania, as well as to develop a strong portfolio of
Uranium exploration opportunities. Management plans to leverage its
extensive experience in East Africa to secure further significant
opportunities throughout the region.
Shareholders should note recent additions to the corporate website,
including a new Corporate Presentation, Letter to Shareholders, and various
relevant publications in the Investor Relations section of the site.
About The Company:
Uranium Hunter (OTCBB: URHN) 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.
Uranium Hunter has entered into a Definitive Agreement with Trimark
Explorations, Ltd ("Trimark"), on behalf of its wholly owned subsidiary
Gambaro Resources, to earn up to a 100% interest in the Uranium-Au property
located in Njombe and Songea Districts, Tanzania. Uranium Hunter has
optioned 170 km 2 property in southern Tanzania covering sediments of the
Karoo sequence which share common features with rocks of the Colorado
Plateau in the western US that have been prolific producers of Uranium.
Forward-Looking Statements:
This press release contains forward-looking statements, particularly as
related to, among other things, Uranium Hunter's business strategy. The
words or phrases "would be," "will allow," "intends to," "may result," "are
expected to," "will continue," "anticipates," "expects," "estimate,"
"project," "indicate," "could," "potentially," "should," "believe,"
"considers" or similar expressions are intended to identify
"forward-looking statements." Actual results could differ materially from
those projected in the forward-looking statements as a result of a number
of risks and uncertainties. Such forward-looking statements are based on
current expectations, involve known and unknown risks, a reliance on third
parties for information, and other factors that may cause Uranium Hunter's
actual results, performance or achievements, or developments in its
industry, to differ materially from the anticipated results, performance or
achievements expressed or implied by such forward-looking statements.
Factors that could cause actual results to differ materially from
anticipated results include risks, uncertainties and other factors that are
detailed in Uranium Hunter's Quarterly and Annual Reports and other
documents Uranium Hunter files from time-to-time with the Securities and
Exchange Commission. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent date.
Uranium Hunter cautions readers not to place undue reliance on such
statements. Uranium Hunter does not undertake, and specifically disclaims
any obligation, to update any forward-looking statements to reflect
occurrences, developments, unanticipated events or circumstances after the
date of such statement. Actual results may differ materially from Uranium
Hunter's expectations and estimates.
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