September 07, 2016 07:30 ET
TORONTO, ONTARIO--(Marketwired - Sept. 7, 2016) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at August 31, 2016 was CAD$498.1 million or CAD$4.31 per share. As at August 31, 2016, UPC's investment portfolio consisted of the following:
On August 31, 2016, the common shares of UPC closed on the TSX at a value of CAD$3.92, which represents a 9.05% discount to the net asset value per share of CAD$4.31.
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. UPC provides investors with a unique opportunity to gain exposure to the price of uranium without the resource or project risk associated with investing in a traditional mining company. 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 CorporationDavid CatesPresident & Chief Executive Officer(416) 979-1991 Ext. 362Uranium Participation CorporationMac McDonaldChief Financial Officer(416) 979-1991 Ext. 242www.uraniumparticipation.com
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