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- Mitsui & Co., Ltd.
Corporate Communications Division
Mitsui & Co., Ltd.("Mitsui") is pleased to announce that it has obtained all the necessary statutory approvals by the relevant Australian governmental authorities as conditions precedent to the sale and purchase agreement and the joint venture agreement of the interests in six uranium projects including Honeymoon mining project in the State of South Australia, Australia, executed between Mitsui and Uranium One Australia, a wholly owned subsidiary of Uranium One Inc. The detail of the transaction is as stated in the previous news release dated 15th October, 2008.
Mitsui will continue to collaborate with Uranium One Australia in proceeding development of Honeymoon mining project as well as conducting exploration activities and feasibility study for the other projects.
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.