May 02, 2014 15:11 ET
TORONTO, ONTARIO--(Marketwired - May 2, 2014) -
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Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at April 30, 2014 was CAD$524.2 million or CAD$4.49 per share. As at April 30, 2014, UPC's investment portfolio consisted as follows:
The Company has agreed to purchase 100,000 pounds of U3O8 at a cost of US$34.50 per pound, with delivery to occur prior to the end of June, 2014.
About Uranium Participation Corporation
Uranium Participation Corporation is a company that invests substantially all of its assets in uranium oxide in concentrates ("U3O8") and uranium hexafluoride ("UF6") (collectively "uranium"), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on Uranium Participation Corporation's website at www.uraniumparticipation.com.
Uranium Participation CorporationRon HochsteinPresident and Chief Executive Officer(416) 979-1991 Ext. 232Uranium Participation CorporationJames AndersonChief Financial Officer(416) 979-1991 Ext. 372
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