Under the terms of the agreement, Uranium Energy will make cash payments totaling $84,640 and issue 300,000 restricted common shares to Cooper Minerals at closing.
The Workman Creek project, which is located in a remote area of the Dripping Springs mining district, covers 3520 acres and consists of 176 unpatented lode mining claims.
The current claims being acquired by Uranium Energy represents the Workman Creek North and South project areas.
