Ucore Uranium Inc.

Ucore Uranium Inc.

June 09, 2009 15:03 ET

Ucore Uranium Inc. Announces Warrant Extension

HALIFAX, NOVA SCOTIA--(Marketwire - June 9, 2009) - Ucore Uranium Inc. (TSX VENTURE:UCU) announces that it has applied to the TSX Venture Exchange for a one year extension of the term of 3,932,500 common share purchase warrants that were issued by the Company as part of a private placement announced on May 27, 2008. All of the warrants are set to expire between June 23, 2009 and July 2, 2009 and have an exercise price of $0.55 per common share. Subject to the approval of the TSX Venture Exchange, the term of the warrants will be extended by an additional one year, for a total term of two years.

On Behalf of the Board of Directors

Ucore Uranium Inc.

Jim McKenzie, President and CEO

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