11:42 AM EST - European Uranium Resources Ltd. : has entered into a binding heads of agreement for the sale of its Kuriskova and Novoveska Huta, Slovakia uranium projects to Forte Energy NL. This sale represents the sale of the Company’s only remaining mineral projects. The Company intends to investigate mineral projects to option or acquire in multiple commodities in the general European area. On completing this transaction, the Company will have its initial funding to implement its business plan. European Uranium Resources Ltd.
shares V.EUU are trading unchanged at $0.12.