| Uranoz now Panax Geothermal Ltd |
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| Wednesday, 28 November 2007 | |
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The day after confirming its Indian prospects, Uranoz Ltd announced on Wednesday 28th that it received unanimous shareholder permission to change the company name to Panax Geothermal Ltd (ASX code: PAX) and divest itself of all its uranium exploration assets. This will leave PAX as a purely geothermal focussed company. The changes will take effect following final registration with ASIC. |
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| Oz minerals will review its capital and oporational expenditure as a measure to shore itself against the economic turmaoil. The company has committed to the schedualed completeion of the Prominant Hill project, but the timing and strcture of all new projects will be reviewed. |
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