Ucore Uranium Inc.

Ucore Uranium Inc.

June 26, 2009 15:16 ET

Ucore Grants 250,000 Incentive Stock Options

HALIFAX, NOVA SCOTIA--(Marketwire - June 26, 2009) - Ucore Uranium Inc. (TSX VENTURE:UCU) ("Ucore" or the "Corporation") advises that it has granted 250,000 options to a director of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of $0.25 per share and expire five years from June 26, 2009, the date of grant. The options will vest 25% on the first anniversary of the grant and in 25% increments every six months thereafter until fully vested.

Jim McKenzie, President

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Ucore Uranium Inc.
    Mr. Jim McKenzie
    President and Chief Executive Officer
    (902) 482-5214