Powertech Uranium Corp.

Powertech Uranium Corp.

October 31, 2007 10:14 ET

Powertech Uranium Corp. Lists on the Toronto Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - POWERTECH URANIUM CORP. ("Powertech" or the "Company") (TSX VENTURE:PWE)(FRANKFURT:P8A)is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange ("TSX") under the stock symbol "PWE". The Company's common shares will be listed and posted for trading on the TSX with the opening of trading on November 1, 2007. Powertech's common shares will be de-listed from the TSX Venture Exchange on November 1, 2007 upon commencement of trading on the Toronto Stock Exchange.

Richard Clement Jr., President and CEO stated, "This is a significant milestone for Powertech. Our listing on the Toronto Stock Exchange is a reflection of the Company's rapid growth and development since the reorganization of Powertech Industries and formation of Powertech Uranium Corp. last year."

About Powertech Uranium Corp.

Powertech Uranium Corp. is a Denver-based mineral exploration and development company that holds the Dewey-Burdock Uranium Deposit in South Dakota, the Centennial Project in Colorado and the Dewey Terrace and Aladdin Projects in Wyoming. The company's key personnel have an aggregate of 200 years of experience in the uranium industry throughout the United States, and have permitted more than a dozen in-situ operations or production. For more information, please visit http://www.powertechuranium.com.


Richard F. Clement Jr., President& CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release.

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