AUSAMAuburn University Society of Anime and Manga (Alabama)
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Uranium company Crosshair Exploration & Mining Corp (TSX:CXX.TO)(AMEX:CXZ) said on Friday that it has entered into an agreement to acquire the AusAm Uranium Assets located in the US.
Included in the purchase agreement are the Apex/Lowboy Project, Lone Star Project and Rio Puerco Project (AusAm Uranium Assets).
This proposed agreement has been signed with Australian American Mining Corporation Limited (AusAm), an Australian company.
Ausam said it was forced to file bankruptcy because of its inability to secure new equity or debt financing at acceptable terms.
Ausam said it hopes to use Chapter 11 protections to reorganize its capital structure and settle with creditors.
Ausam, through Noram, has oil and gas leases and prospects in Arkansas, Texas, Louisiana, Mississippi and Alabama.
This is the third commercial well out of the first four in our current drilling program, and the high ratio of oil/condensate to gas is expected to improve well economics," said Mark Avery, president and CEO of Ausam.
(37.5%) under a Joint Operating Agreement with Ausam (40%), Petro Real (17.5%), and 100 Wall Energy Partners (5%).
In a human safety study concluded in March of this year by AusAm, measurable levels of DES6 were shown to remain in circulation beyond eight hours.
AusAm is actively conducting studies in collaboration with government agencies and other infectious disease research centers to test the range of activity of DES6 against multiple virus families.
AusAm designed DES6 to retain the potent antiviral activity of sulfated dextrans, while reducing or eliminating some known mechanisms of toxicity and improving stability in vivo.
Analytical size-exclusion chromatography was not performed with the commercially available Accumin (AusAm Biotechnologies), but used the same type of column as in published HPLC analyses of urine components (6-11), a Zorbax Bio Series GF-250 column with dimensions of 9.4 (i.d.) x 250 mm (Agilent Technologies).