Calypso Uranium is pleased to announce that it has entered into a definitive agreement with U3O8 whereby U3O8 Corp. will acquire, through a court-approved plan of arrangement under the Business Corporations Act, British Columbia, all of the outstanding common shares of Calypso for total consideration of approximately C$3.8 million payable in shares of U3O8 Corp., based on the closing price of the U308 Corp. shares on
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