UC Resources Ltd.

UC Resources Ltd.

January 25, 2010 19:00 ET

UC Resources Ltd. Private Placement Over Subscribed

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2010) - UC Resources Ltd. (TSX VENTURE:UC), further to the company's news releases dated January 25, 2010; UC has arranged an additional non-flow-through offering of 1 million units, at 8 cents per unit, to raise an additional $80,000 for working capital. The unit will consist of one share and one-half purchase warrant, with each whole warrant exercisable at 10 cents for a period of one year.

There is no finder's fee payable in connection with the oversubscription.

On behalf of the Board of Directors,

Jim Voisin, President & CEO

UC Resources Ltd.

We seek safe harbour.

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

Contact Information

  • UC Resources Ltd.
    Damien Lowry
    Vancouver Head Office
    Toll Free: 1-800-366-8566 (Canada & USA)