UNOR Inc.
TSX VENTURE : UNI
OTC Bulletin Board : UNOFF

UNOR Inc.

July 15, 2008 15:26 ET

UNOR Announces Efforts to Increase Visibility to Global Investment Community

TORONTO, ONTARIO--(Marketwire - July 15, 2008) - UNOR Inc. (TSX VENTURE:UNI)(OTCBB:UNOFF) announces the company is now actively covered on Bloomberg Professional, which "comprises approximately 250,000 subscribers from the world's central banks, investment institutions, commercial banks, government offices and agencies, law firms, corporations and news organizations in over 150 countries." CEO, George Bell says, "While making sure that UNOR's financial information is on Bloomberg may seem like a small step - as we continually move forward in exploration - and the 2008 drilling season - it is vital that the company creates clear visibility to serious financial professionals, institutions and funds."

The company's $4.0 million 2008 Nunavut uranium exploration season is underway. On May 10th, the fuel and material supply haul was completed; on June 26th, the Fugro airborne gamma ray/magnetometer 20,000 line kilometre survey at 150 metre spacing of the Cameco Lac Rouviere joint venture and UNOR properties commenced; on July 10th, the 4,000 metre diamond drilling on the company's northern Coppermine property uranium targets commenced; and ground geophysics IP/Resistivity, Fixed Loop and Transient Audio Magnetotelluric surveys along with prospecting are underway.

UNOR Inc. with its head office in Toronto, Ontario is a uranium exploration and development company with its principal mineral properties in Nunavut. UNOR's shares trade on the TSX Venture Exchange: UNI and Over-The-Counter in the United States: UNOFF. All of the company's uranium claims are located in Nunavut, Canada. Nunavut was created April 1, 1999 as a result of the Nunavut Land Claim Agreement and is the only jurisdiction in Canada that has settled its native land claim issues. In June 2006, Cameco Corporation acquired 19.5% of UNOR. The Strategic Alliance and the Joint Technical Committee agreements between the companies provides to UNOR ongoing uranium technical knowledge, guidance and exploration opportunities.

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS RELEASE.

Contact Information

  • UNOR Inc.
    George Bell
    President & CEO
    (416) 368-0114
    or
    UNOR Inc.
    Tom Devlin
    Corporate Secretary
    (416) 368-0114