Monday, March 14, 2011

Mining PRs and the Ottotrans™, Part 35

The latest in our occasional series that tries its darndest to translate corporate babble into real English takes in this afternoon's NR from Western Uranium Corp. (WUC.v):

This is what they wrote:
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 14, 2011) - Western Uranium Corporation (TSX VENTURE:WUC - News; "the Company" or "WUC") is pleased to announce that the Board of Directors of the Company has approved, subject to regulatory approval, a change of name of the company to Concordia Resource Corp.
The proposed change of name reflects the Company's strategy for expansion through acquisition and exploration globally, and through a shift in focus from uranium into a more diversified exploration and development company.

And this is what it means:
"Miss Jones?"
"Yes Mr. Flood?"
"That's the last freakin' straw! Get on to the lawyers and get that godforsaken word out of my corporate title NOW!"
"Right away, Mr. Flood."

DYODD, dudettes and dudes.