ARMZ Rosatom buys remaining 49% of Uranium One shares

The uranium extraction company ARMZ, a wholly owned subsidiary of Russia’s nuclear energy corporation Rosatom, offers to pay $2.8 billion for the remaining 48.6% of Uranium One Inc. The world's second-largest uranium producer from Toronto, Canada that controls US uranium assets agrees to the sale. The shares are worth about $1.3 billion, the deal provides for a 32% premium of the share's market value at the time of purchase.

Transaction consolidating ARMZ's 51% stake in Uranium One completed

The transaction of uranium recovery licenses in the US is completed. ARMZ has now a 51% stake in Uranium One. Official approval of the CFIUS government body, which gives Rosatom control over 20% of all current US uranium assets.

CFIUS approves transfer of uranium recovery licenses from Uranium One to ARMZ

The Nuclear Regulatory Commission approves the transfer of control of two uranium recovery licenses in Wyoming from Uranium One, a Canadian firm, to JSC Atomoredzoloto (ARMZ), an arm of Russian Rosatom. The transferred license is only for uranium recovery, not for uranium transport according to the deal.

US Congressmen send letter to CFIUS chairman

Several US Congressmen are sending a letter to CFIUS Chairman Timothy Geithner, urging him to block the 51% takeover of Uranium One, Inc. by Rosatom's Atomoredzoloto.

Bill Clinton visits Moscow to talk with leaders, gives speech at a bank

Bill Clinton visits Moscow to talk with Russian leaders, among them Rosatom Directors. He delivers a speech at Renaissance Capital Bank which has ties to the Kremlin, recieves a speaking fee of 500.000 US Dollar for a 30 minutes speech at a bank that trades Uranium One shares.

Rosatom via AtomRedMetZoloto (ARMZ) seeks majority ownership in Uranium One

Rosatom's ARMZ seeks majority ownership in Uranium One, with ARMZ to maintain not less than a 51% interest, says it does not plan to increase stake nor to take the company private. Both claims will be reversed when Rosatom takes over Uranium One in January 2013.

Business insider informs FBI that TENEX supplies nuclear services to Iran

Business insider Douglas Campbell briefs the FBI about how Russian company TENEX provides services to Iran to build a nuclear reactor. Campbell had notified the FBI earlier about contract bribery, claims his work made it at least twice into President Obama's daily briefings.

Hillary Clinton arrives in Moscow for talks with Russian leaders

Hillary Clinton arrives in the Russian capital, joined by the Obama administration's special envoy for Mideast peace.

Uranium enrichment site in Iran exposed

On September 25, 2009, the United States, the United Kingdom, and France revealed that Iran had been building a clandestine uranium enrichment plant, and called for an immediate inspection of the site by the International Atomic Energy Agency (IAEA). Iran failed to report its decision to build the enrichment plant, a requirement under Iran's inspection agreement.

SXR Uranium One sells 17% of shares to Russia's AtomRedMetZoloto, an arm of Rosatom

Canadian-based Uranium One has announced a shares plus cash deal with Russias AtomRedMetZoloto (ARMZ) to acquire 50% of the Karatau uranium project in Kazakhstan. The Russian joint stock company thereby enters a strategic relationship with Uranium One, obtaining a 16.6% share of the company plus some $90 million in cash and a further $60 million depending on performance over the next three years. Part of the deal is an offtake agreement which will give ARMZ an option to purchase up to 20% of Uranium One's production if this is greater than its 50% share from Karatau. Rosatom seeks a CFIUS review for majority acquisition of Uranium One in the near future.

North Korea detonates another nuclear bomb

North Korea detonates another nuclear test bomb with an energy of around 2.35 kilotons.

Barack Obama elected as US-President

Barack Obama is elected the 44th President of the United States of America, shortly after names Hillary Clinton as Secretary of State. She begins encouraging increased use of nuclear energy to address climate change. Over the next months and years several major shareholders of Uranium One begin donating money to the Clinton Foundation.

Japan's Mitsui & Co buys into Australian Uranium ventures

Japan's Mitsui & Co agrees to buy a 49% interest in six Australian uranium deposits, held by SXR Uranium One for around 70 million USD, including the Honeymoon project which is already under development. The mine is sold again by Rosatom in 2015 after their 100% take-over of Uranium One to a company called Boss Resources Ltd. (not Tuxedo, nor Signature Resources) for around $3 million USD.

Rosatom begins negotiations with Uranium One

The Russian State nuclear agency Rosatom begins negotiations for investments into Uranium One.

SXR Uranium One acquires UrAsia Energy Ltd. for 3.1 billion USD

SXR Uranium One Inc. reports that it has completed the acquisition of all of the issued and outstanding common shares of UrAsia Energy Ltd. Each common share of UrAsia has been exchanged for 0.45 of a common share of Uranium One, resulting in a total of 3.1 billion US Dollars

North Korea detonates first small nuclear weapon

North Korea declares that it had conducted an underground nuclear test with an estimated energy of around 1 kiloton.

Opposition politician of Kazakhstan found dead

Zamanbek Nurkadilov, a former Mayor of Almaty who joined an opposition party and threatened to publish documents proving government “high level” corruption in President Nazarbayev’s administration, is found dead. He was shot three times, twice in the chest and once in the head. The Kazakhstan government rules his death a suicide. President Nazarbayev wins another 7-year term with 91 percent of the vote on December 5, 2005.

UrAsia Energy Ltd. signs deal with Kazatomprom of Kazakhstan

UrAsia Energy Ltd. signs a Memorandum of Understanding with Kazatomprom worth $450 million. The Clinton Foundation receives a donation from UrAsia Board of Director Frank Giustra over 31 million US Dollar a few months later.

Restructuring of Signature Resources Ltd. into UrAsia Energy Ltd.

Official company name change from Signature Resource Ltd. to UrAsia Energy Ltd., headquartered in the British Virgin Islands. Appointment of new Board of Directors, restructurings, and various legal agreements, also with the government of Kazakhstan. New Board of Director Frank Giustra along with ex-US-President Bill Clinton leave Kazakhstan on this day in a private jet where they had arrived a day before, meeting among others President Nazarbayev

Foundation of SXR Uranium One, a merger of Southern Cross Resources Inc. with Aflease Gold and Uranium Resources Limited

Toronto based Southern Cross Resources Inc. acquires Aflease Gold and Uranium Resources Limited with uranium and gold assets in South Africa and forms a new company SXR Uranium One, headquartered in Toronto, dual-listed on stock exchanges in Canada and South Africa

Business foundation of Signature Resources Ltd., formerly Tuxedo Resources Ltd.

Tuxedo Resources Ltd. changes name to become Signature Resources Ltd, a Vancouver, B.C. company with mining interests. From 2002 until 2004 the company will not report income from any sales. In 2005 renamed and restructured into UrAsia Energy Ltd.

Business foundation of Southern Cross Resources Inc.

Foundation of Southern Cross Resources Inc. in Toronto, Canada, a company engaging in the acquisition, exploration, and development of uranium properties in Australia and Canada. The company would later merge with Aflease Gold and Uranium Resources Limited to become SXR Uranium One and which will be acquired by Rosatom in 2013