Uranium Standard Resources Ltd.

Uranium Standard Resources Ltd.

November 25, 2014 07:00 ET

Uranium Standard Appoints Simon Irish to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2014) - Uranium Standard Resources Ltd. (TSX VENTURE:USR)(OTCQB:CRSKF) ("Uranium Standard" or the "Company") is pleased to announce the appointment of Simon Irish to the Board of Directors. Mr. Irish has over 20 years investment banking and asset management experience in London and New York. He has established and managed multi-billion dollar alternative investment businesses in North America. In 2012, Mr. Irish co-founded Terrestrial Energy Inc., a private Canadian corporation, of which he serves as Chief Executive and Director. Terrestrial Energy is developing an industrial small modular reactor using molten salt reactor technology in Canada. In 2009, he founded SWH Capital LLC, a New York based investment firm focused on innovative businesses in the financial, energy and healthcare sectors. Previously he has operated a substantial proprietary investment program for Man Group Plc. in alternative businesses and strategies. Mr. Irish's responsibilities for Man Group extended to sourcing and appraising corporate acquisition opportunities. Mr. Irish received his MA (Natural Sciences) from Cambridge University and an MSc in Finance from London Business School. He is a qualified UK chartered accountant.

The Company has also accepted the resignation of Steven Kenwood from the Board of Directors and thanks him for his contributions. The Board of Directors is now comprised of Arni Johannson, Michael Williams, Brian Butterworth, Paul Reynolds and Simon Irish.

Simon Irish commented on his appointment: "Uranium Standard is taking an approach towards uranium investing that is well understood in the world's financial centres by contrarian investors. I am excited to be involved with a robust business plan such as this, at the ground floor. And I look forward to bringing my particular expertise in the execution of this business plan."

About Uranium Standard Resources Ltd.

Uranium Standard Resources is a resource acquisition and development company listed on the TSX Venture Exchange with the ticker USR, and on the OTCQB with the ticker CRSKF. The objective of Uranium Standard is to acquire a substantial portfolio of high quality uranium resources at deeply discounted valuations. Uranium Standard will realize value by investing selectively in these resources, and by participating in a commodity price recovery. Management of Uranium Standard has a track record of success in the resource sector, and particularly the uranium sector.

On Behalf of the Board of Directors of Uranium Standard Resources Ltd.

Arni Johannson, President and CEO

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.

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