Colombia and Paraguay
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Junior roundup: CB Gold, Uranium Energy, Gran Colombia

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Junior roundup: CB Gold, Uranium Energy, Gran Colombia

CB Gold's board of directors unanimously backed Batero Gold's improved takeover offer.

Batero, which is battling a rival hostile bid for the Colombia-focused junior by Red Eagle Mining, also announced a land acquisition it says complements CB's Vetas project in Santander department.

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US-based Uranium Energy said the International Atomic Energy Agency had completed technical programs aimed at supporting future exploration for and development of uranium resources in Paraguay.

The programs were conducted with Uranium Energy and the Paraguayan government, and they included site visits to the company's Oviedo and Yuti uranium projects.

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Gran Colombia Gold announced details of interest payments it will make on September 30 on its senior secured gold-linked notes due 2017 and its senior unsecured silver-linked notes due 2018.

The company is advancing plans for a large gold and silver mine at its Segovia operation.

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