Ucore Uranium Inc.
TSX VENTURE : UCU

Ucore Uranium Inc.

April 24, 2009 13:52 ET

Ucore Grants 800,000 Incentive Stock Options

HALIFAX, NOVA SCOTIA--(Marketwire - April 24, 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") advises that an aggregate of 800,000 options have been granted to directors, officers, employees and consultants of the Company, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of $0.10 per share and expire five years from April 24, 2009, the date of grant. Options will vest 25% on the first anniversary of the grant and in 25% increments every six months thereafter until fully vested.

Signed "Jim McKenzie"

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