Thorium Power Ltd. (THPW.OB) Inks $17M Nuclear Agreements with United Arab Emirates
Thorium Power Ltd. (OTCBB: THPW) develops non-proliferative nuclear fuel technology and comprehensive advisory services for emerging nuclear programs. The company today announced two new agreements that will enable the company to boost revenue while continuing efforts with the United Arab Emirates (UAE). Thorium will receive an aggregate of $17 million, according to the agreement. "Thorium is committed to supporting the UAE nuclear energy program for the long term, and we are proud of their confidence in our company as reflected in these new five-year agreements. We are advising the UAE on the design, development and management of the key organizations…