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Tournigan Energy Ltd.

09:43 AM EST - Tournigan Energy Ltd. : announced that Mawson Resources Limited has signed a letter of intent with Tournigan whereby Tournigan will acquire seven of Mawson's uranium exploration projects located in Sweden and Finland for aggregate consideration of 53,639,848 common shares of Tournigan, representing approximately 20.5% of Tournigan's issued capital post-closing of the transactions. Tournigan Energy Ltd. shares T.TVC are trading even at $0.09.