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Powertech Uranium Corp.

Published : February 21st, 2008

Appoints Wallace M. Mays Chief Operating Officer

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======================================================================
Re: News Release - Thursday, February 21, 2008
Powertech Appoints Wallace M. Mays Chief Operating Officer
======================================================================

POWERTECH URANIUM CORP. ("Powertech" or the "Company") is pleased to
announce the appointment of Wallace M. Mays as Chief Operating Officer.
Mr. Mays continues as Powertech's Chairman of the Board of Directors.

For the last three years, Mr. Mays has held the position of Operations
Manager for Central Asia with Uranium One Inc. (Uranium One), formerly
Urasia Energy Ltd. (Urasia), focused on initiating and developing the
Uranium One/ Urasia In Situ Recovery (ISR) uranium projects in
Kazakhstan and their uranium exploration activities in Kyrgyzstan.
Effective February 1, 2008 Mr. Mays and Uranium One have mutually
agreed to the termination of Mr. Mays' employment contract and
responsibilities with Uranium One. Mr. Mays is now in a position to
fully concentrate on Powertech's operations and preparations for
production at the Company's Dewey-Burdock and Centennial Projects.

Mr. Mays brings over 34 years of uranium mining experience at senior
management positions, beginning in the United States with the
development of the first commercial scale ISR uranium mine, the Clay
West Uranium Mine in Texas. His career continued with the development
and operation of the Hobson, Las Palmas, Mount Lucas and TX-1 ISR mines
in Texas, and the Highlands ISR mine in Wyoming. Mr. Mays has
successfully restored the Hobson and Las Palmas wellfields, the
Highlands Exxon In- Situ Pilot wellfields, and the Pawnee, Lamprecht,
and Zamzow ISR mines in Texas. Internationally, Mr. Mays has been
involved with the development and operation of the Harat ISR Pilot Mine
and the Dornod open pit uranium mine in Mongolia and more recently the
Akdala, South Inkai and Kharasan ISR mines in Kazakhstan. Mr. Mays is a
Registered Professional Engineer with Bachelor's and Master's degrees
in Chemical Engineering from the University of Texas.

Mr. Mays stated "After accomplishing my personal goals that I had set
for advancing the operations of Uranium One/ Urasia in both Kazakhstan
and Kyrgyzstan I feel that these projects are well established to move
forward. I am very pleased to be returning to Colorado, and working out
of Denver where I have been a long term resident and look forward to
developing the Powertech projects to production. I also look forward to
making a significant contribution to the growth and development of the
US uranium industry."

Richard F. Clement, Jr., President and CEO, stated "We are delighted to
have Wallace back in Denver in the office full time as his expertise is
invaluable at this stage of the Company's development. With Wallace's
oversight of operations and direction to the team of professionals that
Powertech has assembled, we are well on our way to being a near term US
uranium producer."

About Powertech Uranium Corp.

Powertech Uranium Corp. is a Denver-based mineral exploration and
development company that holds the Dewey-Burdock Uranium Deposit in
South Dakota, the Centennial Project in Colorado and the Dewey Terrace
and Aladdin Projects in Wyoming. The company's key personnel have over
200 years of experience in the uranium industry throughout the United
States, and have permitted more than a dozen in-situ operations for
production. For more information, please visit
http://www.powertechuranium.com/

POWERTECH URANIUM CORP.

Per: "Richard F. Clement"
Richard F. Clement Jr.,
President& CEO

For further information, please contact:

Thomas A. Doyle, CFO, VP Finance
Phone: (604) 685-9181
Email: info@powertechuranium.com

The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of the content of this News Release

======================================================================
Copyright (c) 2008 POWERTECH URANIUM CORP. (PWE) All rights reserved.
For more information visit our website at
http://www.powertechuranium.com/ or send
mailto:info@powertechuranium.com
Message sent on Thu Feb 21, 2008 at 6:45:04 AM Pacific Time
======================================================================
.
Data and Statistics for these countries : Kazakhstan | Kyrgyzstan | Mongolia | All
Gold and Silver Prices for these countries : Kazakhstan | Kyrgyzstan | Mongolia | All

Powertech Uranium Corp.

EXPLORATION STAGE
CODE : PWE.TO
ISIN : CA7393691067
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Powertech Uranium is a uranium development stage company based in Canada.

Its main exploration properties are ALADDIN, DEWEY TERRACE, CENTENNIAL and DEWEY BURDOCK in USA.

Powertech Uranium is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 5.4 millions as of today (US$ 4.7 millions, € 3.8 millions).

Its stock quote reached its highest recent level on March 30, 2007 at CA$ 4.50, and its lowest recent point on October 30, 2014 at CA$ 0.04.

Powertech Uranium has 152 950 000 shares outstanding.

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Annual reports of Powertech Uranium Corp.
Annual Report 2007
Annual Report 2006
Financings of Powertech Uranium Corp.
2/13/2013Announces Private Placement
11/7/2012Announces Conversion of Debt and Closing of Private Placemen...
10/26/2012Announces Private Placement
3/15/2011Closes Unit Offering and Refinancing Transaction
7/29/2008POWERTECH SHAREHOLDERS ELECT SYNATOM OFFICERS TO BOARD AND A...
Nominations of Powertech Uranium Corp.
5/10/2011Announces Resignation
3/2/2011Announces Pricing of Public Offering
2/21/2008Appoints Wallace M. Mays Chief Operating Officer
2/11/2008APPOINTS JOHN MAYS VICE PRESIDENT ENGINEERING
1/23/2008 APPOINTS DR. JAMES MUNRO AS SENIOR PROCESS DESIGN ENGINEER
Project news of Powertech Uranium Corp.
2/28/2014to Merge with Azarga Resources Limited to Create Azarga Ura...
3/21/2013Receives Safety Evaluation Report For The Dewey-Burdock Proj...
8/20/2010(Centennial)Receives Positive Results From Independent Preliminary Econo...
7/8/2010(Dewey Burdock) Receives Positive Results on Dewey-Burdock Project
4/1/2010(Dewey Burdock)Submits Permit Application to Epa for Deep Well Injection at...
10/26/2009(Dewey Burdock)Submits BLM Application Dewey-Burdock Project
10/7/2009(Dewey Burdock)Dewey-Burdock Project Application Accepted by NRC
8/12/2009(Dewey Burdock)Resubmits Dewey-Burdock NRC License Application
7/8/2009(Centennial)Options additional property at centennial
6/23/2009(Dewey Burdock)Significant Increases In Inferred Uranium Resources At Dewey...
6/17/2009(Dewey Burdock)To amend Dewey-Burdock NRC license application
2/26/2009(Dewey Burdock) Submits Nrc License Application, Achieves Key Milestones At...
1/15/2009(Dewey Burdock)SUBMITS UIC PERMIT APPLICATION AT DEWEY-BURDOCK
1/13/2009(Dewey Burdock)ACQUIRES ADDITIONAL LAND AT DEWEY-BURDOCK
8/6/2008(Dewey Burdock)DEWEY-BURDOCK PROJECT MINE PERMIT APPLICATION STATUS
2/27/2008(Dewey Burdock)COMPLETES 10 HOLE CORING PROGRAM AT DEWEY-BURDOCK PROJECT
1/31/2008(Dewey Burdock) Dewey Burdock Drilling Update
12/10/2007(Centennial)Centennial Drilling Update
10/30/2007(Centennial)Centennial Project - Mine Permiting Update
Corporate news of Powertech Uranium Corp.
10/29/2014Merger with Azarga Resources and $5=2E0m Financing Complete;...
9/15/2014Financing Facility with Azarga Resources and Amendment to Sh...
2/14/2014South Dakota Legislative Committee Defeats Anti-Powertech Bi...
1/30/2014NRC Publishes Final Supplemental Environmental Impact Statem...
10/21/2013Board Approves Premium Financing Facility With Azarga Resour...
8/1/2013Enters Into Agreements With Strategic Investor
4/4/2013NRC Revises Schedule for Final Suplemental Enviromental Impa...
3/21/2013News Release
1/7/2013Receives Second Draft Uranium Recovery License From NRC
1/7/2013News Release
8/1/2012Powertech News Release
8/1/2012Receives Draft Uranium Recovery License From NRC
6/25/2012(Aladdin)Completes NI 43-101 Report on the Aladdin Project
5/16/2012Announces Results From Annual General Meeting
4/19/2012Revised PEA Shows NPV of US $109 Million and IRR of 48% for ...
7/5/2011Announces Termination of Diehl and Varra Option Agreements
6/3/2011Announces Results From Annual And Special Meeting
5/9/2011Powerttech News Release
2/9/2011Announces Filing of Preliminary Prospectus
2/9/2011Poweretech News Release
6/30/2010Announces Drawdown Of Fourth Tranche Of $13.8 Million Loan F...
4/1/2010Announces Drawdown of Third Tranche of $13.8 Million Loan Fa...
12/2/2009Announces Drawdown of Second Tranche of $13.8 Million Loan F...
10/15/2009 Enters into $13,8 Million loan facility with Synatom
10/7/2009NRC Application Accepted
8/4/2009Synatom Agrees To Make Additional Strategic Investment In Po...
7/23/2009Retains Axemen Resource Capital Ltd.
2/12/2009CLOSES SECOND STRATEGIC INVESTMENT BY SYNATOM
2/5/2009SHAREHOLDERS APPROVE SYNATOM DEBENTURE
12/22/2008SYNATOM AGREES TO MAKE ADDITIONAL STRATEGIC INVESTMENT IN PO...
12/12/2008ACQUIRES ADDITIONAL LANDS IN SOUTH DAKOTA AND WYOMING
12/2/2008CORPORATE UPDATE
6/5/2008Closes Strategic Investment By Synatom
6/4/2008SYNATOM MAKES STRATEGIC INVESTMENT IN POWERTECH
1/14/2008ANNOUNCES CHANGES TO BOARD OF DIRECTORS
1/11/2008EXPANDS MANAGEMENT TEAM - OPENS NEW OFFICES IN GREENWOOD VIL...
1/9/2008ALADDIN PROJECT- DRILLING UPDATE
10/31/2007Lists on the TSX
8/20/2007Acquires Plum Creek Project in South Dakota
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