NWT Uranium Corp.
TSX VENTURE : NWT
FRANKFURT : NMV

NWT Uranium Corp.

January 12, 2015 15:40 ET

NWT Uranium Corp. Provides Clarification

TORONTO, ONTARIO--(Marketwired - Jan. 12, 2015) - Further to its press release dated December 7, 2014, NWT Uranium Corp. (the "Corporation") (TSX VENTURE:NWT)(FRANKFURT:NMV) would like to provide a clarification as to its shareholdings Handa Copper Corporation ("Handa").

In its press release of December 7, 2014, the Corporation reported that as at June 30, 201, the Corporation owned an aggregate of 4,248,500 common shares in the capital of Handa. Subsequent to June 30, 2014, Handa completed a consolidation of its issued and outstanding common shares on the basis of one (1) consolidated common share for every five (5) unconsolidated common shares with an effective date of August 15, 2014.

As a result of the consolidation, the Corporation currently owns, as of today's date, an aggregate of 849,700 common shares in the capital of Handa.

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.

Forward Looking Statement

This news release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding expected, estimated or planned coal production, cash costs, margin expansion, capital expenditures and exploration expenditures and statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to meet expected, estimated or planned gold and niobium production, cash costs, margin expansion, capital expenditures and exploration expenditures and failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world coal markets and other risks disclosed in NWT's most recent Form 40-F/Annual Information Form on file with the United States Securities and Exchange Commission and Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.

Contact Information