Ucore Grants 100,000 Incentive Options
Date: April 19, 2007
Ucore Uranium Inc. (“Ucore” or the “Corporation”) has granted The Windward Agency an incentive stock option to purchase up to 100,000 shares of the Company at an exercise price of $1.25 per share, for a period of up to five years. The terms of the option provide for one-third of the option to vest on the first anniversary of the grant, a further third to vest on the second anniversary of the grant and the final third to vest on the third anniversary of the grant. The option is subject to regulatory approval.
The Windward Agency, of Charlotte, North Carolina, whose appointment was originally announced by press release dated January 5, 2007, is currently providing assistance to the Company with its Investor Relations and Public Relations efforts. Windward has served the natural resource sectors for more than two decades and maintains a strong presence in Canada, the United States and Europe.
For further information, please contact Mr. Jim McKenzie, President and Chief Executive Officer of Ucore Uranium Inc. at:
Telephone: (902) 482-5214
Fax: (902) 492-0197
This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Corporation expects, 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 forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.
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