Rose Petroleum plc

Dow Jones

4-August-2006

DJ UK SMALLCAP ROUNDUP: VANE Minerals Buys 3 US Prospects

/UserFiles/Image/dow-jones.jpg

LONDON (Dow Jones)--VANE MINERALS (VML.LN) was up 0.75 pence or 8.6% to 9.5 pence at 1115 GMT Thursday after saying its uranium unit has bought three new prospects in Northern Arizona for an undisclosed sum.

The exploration company also said it's won approval to drill at the North Wash Project in Utah.

The group added it will seek permission for drilling on all its uranium sites and is negotiating property acquisitions.