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Re: News Release - Wednesday, November 25, 2009
Uranium North Announces Option Grants
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Vancouver, November 25, 2009 -- Uranium North Resources Corp. (UNR --
TSX Venture) announces the grant of incentive stock options under the
Company's stock option plan to directors, officers, employees and
consultants to purchase an aggregate of 1,730,000 treasury shares under
the terms of the Company's Stock Option Plan. The options are
exercisable for a period of five years at a price of $ 0.07 per share
and are subject to the policies of the TSX Venture Exchange.
About Uranium North
Uranium North Resources is one of the largest uranium explorers in
Nunavut, Canada's newest emerging mineral district. The flagship Amer
Lake property is host to a 19.3 million lb NI 43-101 compliant uranium
resource. Also in the vicinity is the 147 million pound Kiggavik
uranium deposit owned by nuclear giant Areva, ranked first in the
global nuclear power industry. Areva is reportedly working toward a
planned production date for the Kiggavik deposit of 2015.
Mark Kolebaba
President and CEO
Uranium North Resource Corp
Corporate Communication- Heather Kays
Tel: 604-484 - 7120
Fax: 604- 484 - 7143
Website: www.uraniumnorth.com
Email: info@uraniumnorth.com
Neither the 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."
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address exploration drilling,
activities and events or developments that Uranium North Resources Corp
(the "Company") expects to occur, are forward-looking statements.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results
or developments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ
materially from those in forward looking statements include market
prices, exploration successes, and continued availability of capital
and financing and general economic, market or business conditions.
Investors are cautioned that any such statements are not guarantees of
future performance and actual results or developments may differ
materially from those projected in the forward-looking statements. The
Company does not assume any obligation to update or revise its
forward-looking statements, whether as a result of new information,
future events or otherwise.
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Copyright (c) 2009 URANIUM NORTH RESOURCES CORP,. (UNR) All rights
reserved. For more information visit our website at
http://www.uraniumnorth.com/ or send mailto:info@uraniumnorth.com
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Uranium North Resources
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EXPLORATION STAGE |
CODE : UNR.V |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Uranium North Res. is a uranium exploration company based in Canada. Uranium North Res. holds various exploration projects in Canada. Its main exploration properties are MALLERY LAKE, AMER LAKE, THELON PROJECT (SOUTH BAKER), HEPBURN and AURA GOLD PROPERTY in Canada. Uranium North Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.7 millions as of today (US$ 1.7 millions, € 1.2 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 1.78, and its lowest recent point on February 15, 2013 at CA$ 0.02. Uranium North Res. has 85 555 000 shares outstanding. |