Universal Uranium Ltd.
TSX VENTURE : UUL

Universal Uranium Ltd.

December 03, 2007 16:15 ET

Universal Uranium Ltd.: Appointment of Executive Vice-President

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2007) - Universal Uranium Ltd. (the "Company") (TSX VENTURE:UUL) is pleased to announce the appointment of William Galine as Executive Vice President of the Company effective December 1, 2007. Mr. Galine has been the head of Corporate Communications for the Company for the past two and a half years and has over 23 years of experience in corporate communication and corporate finance. He previously served as Vice President for a publicly traded company and is a current director for Toro Resource Corp. His combined experience and knowledge in both business and public relations is an asset to the company.

In addition, pursuant to TSX Venture Exchange (the "Exchange") policies and the Company's rolling Stock Option Plan approved by shareholders at the annual general meeting of the Company held on August 16, 2007, the Company announces that incentive stock options in the aggregate amount of 745,000 shares have been granted to directors, officers and consultants at a price of $0.60 per share. The options are exercisable for a period of five years, ending on December 1, 2012.

The Company has also re-priced 720,000 stock options granted to directors, officers and consultants In March 2007 from $1.77 to $0.55 per share. All other terms and conditions of the options remain unchanged.

Options granted and re-priced are subject to the requirements of the Exchange.

ON BEHALF OF THE BOARD:

Ronald Atlas, Chairman of the Board & President

The Company seeks Safe Harbour.

Standard & Poor's Listed

Issued Share Capital: 41,815,069

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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