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UraniumSA Limited (ASX code: USA)
As part of the successful IPO of UraniumSA in October 2006, Stellar was issued with 10.26 million fully paid ordinary shares in USA and is the largest shareholder, holding over 16% of its issued capital. Stellar also holds 5.13 million options in USA.
UraniumSA has key focus on exploration for uranium in the Kingoonya palaeochannel and has acquired airborne EM data preparatory to aircore drilling.
In much of this area Stellar holds a 30% JV interest.
For more information on UraniumSA, please visit the website. UraniumSA Limited Website: www.uraniumsa.com.au
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Gippsland Offshore Petroleum Limited (ASX code: GOP)
Stellar holds 6.667 million options in GOP, exercisable at 20 cents by 30 November 2009.
GOP is an active Oil and Gas explorer. Many of GOP's exploration plays have been assisted by virtue of its access to the FALCON® airborne gravity system.
For more information on Gippsland Offshore, please visit the website. Gippsland Offshore Petroleum Limited Website: www.gop.com.au
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