Powertech Uranium Corp.
FRANKFURT : P8A
TSX : PWE

Powertech Uranium Corp.

July 23, 2009 14:27 ET

Powertech Retains Axemen Resource Capital Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 23, 2009) - Powertech Uranium Corp. ("Powertech" or the "Company") (TSX:PWE)(FRANKFURT:P8A) is pleased to announce that it has retained the services of Axemen Resource Capital Ltd. as a financial consultant. Axemen Resource Capital Ltd. is a Vancouver based Limited Market Dealer focused on advising and financing junior mining exploration and development companies.

About Powertech Uranium Corp.

Powertech Uranium Corp. is a mineral exploration and development company that, through its Denver-based subsidiary Powertech (USA), Inc., 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 over 200 years of experience in the uranium industry throughout the United States, and have permitted more than a dozen in-situ operations for production. For more information, please visit www.powertechuranium.com.

POWERTECH URANIUM CORP.

Richard F. Clement, Jr., President & CEO

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