Spain: Berkeley Energia Highlights

Spain: Berkeley Energia Highlights Strong Share Trading in Madrid as Mine Permitting Activity ProgressesAIM-listed Berkeley Energia Ltd., responding to an ASX query, has said it is not aware of any information not already announced that would explain the recent rise in its share price, and, then, detailed a number of positive factors that are price supportive. It noted, in the statement, the recently strong performance of its shares on the Madrid Stock Exchange where the price has risen by some 70% since June 15, with more than 115 million shares traded. Presently, the next step in the permitting process for its Salamanca Uranium Mine in Spain will be the submission of a technical report by the Nuclear Safety Council and its ratification. Berkeley also pointed to the strength in the underlying uranium price, which stands presently at around US$32.85 per pound, up more than 30%.