http://paydirtmagazine.com/2011/08/crosshair-making-hostile-offer-for-ausams-u-s-uranium-properties/

Crosshair making hostile offer for AusAm’s U.S. uranium properties

Crosshair Exploration & Mining Corp. said Sunday it had delivered a proposal to Australian American Mining Corp. Ltd. for its uranium assets in New Mexico, Texas and Nevada for $12.85 million in Crosshair shares.

Vancouver-based Crosshair said that to date, the AusAm board “has failed to meaningfully engage with Crosshair in a substantive discussion” about asset acquisition “and has sought only to delay this proposal from moving forward...............