UC Resources Ltd. (TSX VENTURE:UC - News; "UC")
would like to advise that 4,875,000 warrants that were due to expire February
11, 2011 have been extended for an additional 12 months. The new expiry date
is February 11, 2012. The exercise price of the warrants remains the same.
UC Resources is an active explorer of
base metals and chromite in the McFaulds
Lake area ("Ring of Fire") of the James Bay Lowlands, Ontario, as
well as an explorer and a near term producer of precious metals in Mexico.
On behalf of the Board of Directors,
Jim Voisin,
President & CEO
UC Resources Ltd.
We seek safe harbour.
Investors are invited to visit the UC
Resources IR Hub at http://www.agoracom.com/ir/UCResources
where they can post questions and receive answers or review questions and
answers already posted by other investors. Alternatively, investors are able
to e-mail all questions and correspondence to UC@agoracom.com
where they can also request to be added to the investor e-mail list to
receive all future press releases and updates in real time.
This news release includes certain
forward-looking statements or information. All statements other than
statements of historical fact included in this release, including, without
limitation, statements regarding plans for the completion of a private
placement financing and other future plans and objectives of the Company are
forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's plans or expectations include
market prices, availability of capital and financing, general economic,
market or business conditions, regulatory changes, timeliness of government
or regulatory approvals and other risks detailed herein and from time to time
in the filings made by the Company with securities regulators. The Company
expressly disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information, future
events or otherwise except as otherwise required by applicable securities
legislation.
Contact:
Damien Lowry
UC Resources Ltd. - Vancouver Head Office
(604) 681-7265 or Toll Free: 1-800-366-8566 (Canada & USA)
(604) 608-6163 (FAX)
www.ucresources.net |