Australian Sharemarket Listed Companies

Alara Uranium Limited is listed on the Australian Stock Exchange (ASX) under stock code AUQ. You can view their investor website here. AUQ was listed on the ASX on 24 May, 2007. Alara Uranium is an Australian based mineral exploration and development company with a prospective portfolio of uranium exploration projects in Peru and Australia (Northern Territory and Western Australia): Pampacolca (Peru), Bigrlyi South (Northern Territory), Mt James (Gascoyne, Western Australia), Mt Lawrence Wells (East Murchison, Western Australia), Canning Well (Pilbara, Western Australia). Alara successfully completed a $10 million IPO capital raising on 9 May 2007 (by the issue of 40 million shares at $0.25 per share). Peru is a major mining country and a top five producer in several base and precious metals, including copper and gold. The Alara Uranium’s confidence in Peru’s mining and contractual laws is supported by the presence in the country of some of the world’s leading mining companies. Although the country has had a long history of mining, its mineral potential is outstanding as mineral discoveries continue to be made. The Australian uranium tenements occur in the prospective Ngalia Basin in the Northern Territory and in the Gascoyne, East Pilbara and Murchison regions of Western Australia. The tenements cover areas previously identified with radiometric anomalies or are located in close proximity to uranium anomalies and/or occurrences. The Alara Uranium Board has members with extensive experience in the resources sector, including Chairman, Dr John Stephenson, previously Exploration Director for Rio Tinto Australasia with more than 35 years experience in the mineral exploration business, and Managing Director, Mr H. Shanker Madan, an experienced senior geologist with more than 30 years of world-wide experience in the exploration and evaluation of mineral deposits for various commodities. The company is involved with Uranium Exploration. Learn more about Uranium Mines in Australia, learn what Uranium is, read about Worldwide Uranium Deposits, study the Regulation of Uranium Mining and wonder at the marvels of Uranium exploration in Australia.