Ucore Uranium Inc.
TSX VENTURE : UCU

Ucore Uranium Inc.

June 23, 2009 12:33 ET

Ucore Uranium Inc. Announces Board Changes

HALIFAX, NOVA SCOTIA--(Marketwire - June 23, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Ucore Uranium Inc. (TSX VENTURE:UCU) ("Ucore" or the "Corporation") is pleased to announce that Mr. Wade Dawe, Mr. Jos De Smedt, Dr. Jaroslav Dostal, Mr. Brian MacEachen and Mr. Jim McKenzie have been elected to the Board of Directors for the upcoming year.

Mr. Wade Dawe has agreed to join the Board of Directors and was nominated and elected at the Company's Annual General Meeting held today, in Halifax. Mr. Dawe is the President and Chief Executive Officer of Linear Gold Corp. and has been an entrepreneur in Canadian mining and venture capital industries since 1994.

Ucore also wishes to announce the resignation of Mr. Stephen Stares as a director of the Corporation and a member of the Compensation Committee for personal reasons. Mr. Stares has been a director of the Corporation since 2006. Management and the Board wish to thank Mr. Stares for his significant contribution to Ucore and wish him success in his future endeavours.

"Wade is an accomplished executive who adds a wealth of expertise and experience to the Board. We are very pleased to have Wade join the Board and would like to thank Stephen for his dedicated service to Ucore," said Jim McKenzie, Ucore's President and CEO.

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