March 31, 2008 / 12:00 PM / in 10 years

Uranium One fourth-quarter loss narrows

TORONTO (Reuters) - Uranium One UUU.TO reported a smaller net loss in the fourth quarter as production ramped up from two key projects.

The company lost $2.2 million, or 1 cent a share, in the period ended December 31, compared with a loss of $17.6 million, or 5 cents a share, in the same period a year earlier.

($1=$1.03 Canadian)

Reporting by Jonathan Spicer; Editing by Bernadette Baum

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