Murchison United NL (ASX: MUR)
ASX RELEASE 7 AUGUST 2008
Mauritanian Political Situation
Murchison United NL (?Murchison?) (ASX: MUR, AIM: MUU) would like to update the market on the recent political developments in Mauritania where the Company has several uranium licences.
On Wednesday 6th August, President Sidi Ould Cheikh Abdallahi replaced several senior army officers including General Abdel Aziz, the former commander in chief of the personal forces of the President. Shortly after the dismissal, supporters close to General Abdel Aziz arrested the President. A new council called the State Council has been formed under the leadership of General Abdel Aziz, which the Company understands will oversee the parliament until fresh elections are held.
The Company has spoken to its agents in Mauritania who report that the capital Nouakchott is calm and businesses are trading as usual.
Mauritania has had changes of government in the same manner in recent years, and it was during the time of the last transitional government, that Murchison was granted its initial licences and began exploration work in Mauritania.
We will advise the market of developments as they occur.
For further information regarding this announcement, please call Mark Reilly.
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Mark Reilly
Managing Director
READ CORPORATE
Public Relations Corporate Communications
T: (+61-8) 9388-1474 | F: (+61-8) 9388-1472 | E: info@readcorporate.com.au | Web: www.readcorporate.com.au
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