TORONTO, ONTARIO -- (Marketwired) -- 06/26/13 -- U3O8 Corp. (TSX: UWE)(OTCQX: UWEFF), a Canadian-based company focused on exploration and resource expansion of uranium and associated commodities in South America, reported that all the nominees listed in its Management Information Circular were elected as directors of the company at its Annual and Special Meeting today. In addition, KPMG LLP was re-appointed as U3O8 Corp's auditors, and an Advance Notice By-Law was approved.
The results of the shares voted for each director are as follows:
---------------------------------------------------------------------------- Elections of Directors Votes For % of Votes Withheld ---------------------------------------------------------------------------- Keith Barron 59,768,831 99.7% 177,835 ---------------------------------------------------------------------------- Bryan Coates 59,680,680 99.6% 265,986 ---------------------------------------------------------------------------- David Constable 59,759,300 99.7% 187,366 ---------------------------------------------------------------------------- Sheldon Inwentash 59,635,973 99.5% 310,693 ---------------------------------------------------------------------------- Pablo Marcet 59,760,201 99.7% 186,465 ---------------------------------------------------------------------------- Richard Patricio 59,680,055 99.6% 266,611 ---------------------------------------------------------------------------- Stewart Taylor 59,764,663 99.7% 182,003 ----------------------------------------------------------------------------
About U3O8 Corp.
U3O8 Corp. is an advanced exploration company focused on exploration and resource expansion of uranium and associated commodities in South America. From 2010 to 2012, our uranium resources grew 7-fold with three deposits in compliance with National Instrument 43-101:
-- Berlin Deposit, Colombia - a preliminary economic assessment shows
Berlin could be a zero cash cost uranium producer thanks to revenue from
by-products (including phosphate, vanadium, nickel, rare earths)
occurring in the same deposit;
-- Laguna Salada Deposit, Argentina - a near surface, free-digging uranium,
vanadium deposit that is potentially amenable to low-cost mining and
processing methods; and
-- Kurupung Deposit, Guyana - an initial uranium deposit in a large
emerging uranium district.
Forward-Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These statements are subject to numerous risks and uncertainties, certain of which are beyond U3O8 Corp's control, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates and that the resource or economic potential will be achieved on exploration projects, currency fluctuations, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Contacts:
U3O8 Corp.
Richard Spencer
President & CEO
(416) 868-1491
richard@u3o8corp.com
U3O8 Corp.
Nancy Chan-Palmateer
Vice President, Investor Relations
(416) 868-1491
nancy@u3o8corp.com
www.u3o8corp.com
