Add-on Acquisition • Oil/Gas Exploration

Cyclone Uranium Acquires Tournigan USA

On February 27, 2009, Cyclone Uranium acquired oil/gas exploration company Tournigan USA

Acquisition Context
  • This is Cyclone Uranium’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Cyclone Uranium’s 1st transaction in the United States.
  • This is Cyclone Uranium’s 1st transaction in Wyoming.

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M&A Deal Summary

Date February 27, 2009
Target Tournigan USA
Sector Oil/Gas Exploration
Buyer(s) Cyclone Uranium
Deal Type Add-on Acquisition

Target Company

Tournigan USA

Cheyenne, Wyoming, United States
Tournigan USA Inc. engages in the sourcing, exploration, and development of mineral properties.
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Buyer Overview 1

Buyer

Cyclone Uranium

Denver, Colorado, United States

Category Company
Founded 1986
Sector Oil/Gas Exploration
DESCRIPTION

Cyclone Uranium Corp. engages in mining and mineral exploration activities. Cyclone's land holdings total 23,000 acres, 965 federal mining claim in Wyoming and 7 state leases, and 31 federal mining claims in Arizona.


Deal Context for Buyer #
Overall 1 of 2
Sector: Oil/Gas Exploration 1 of 2
Type: Add-on Acquisition 1 of 2
State: Wyoming 1 of 1
Country: United States 1 of 2
Year: 2009 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-14 New Fork Uranium

Denver, Colorado, United States

New Fork Uranium Corporation, an exploration stage company, engages in the acquisition and exploration of mining properties.

Buy -