Keywords : Market | Uranium |

TORONTO, ONTARIO--(Marketwire - Oct. 4, 2011) -

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Uranium Participation Corporation (News - Market indicators) ("UPC") reports its estimated net asset value at September 30, 2011 was CDN$770.4 million or CDN$7.17 per share. As at September 30, 2011, UPC's investment portfolio consisted as follows:

(in thousands of Canadian dollars, except quantity amounts)			Quantity		Cost		Market Value

Investments in Uranium:
	Uranium oxide in concentrates ("U₃O₈")		7,250,000 lbs	$	342,495	$	395,431
	Uranium hexafluoride ("UF₆")		2,374,230 KgU	$	389,998	$	360,122

				$	732,493	$	755,553

	U₃O₈ average cost and market value per pound:
		- In Canadian dollars		$	47.24	$	54.54¹
		- In United States dollars		$	43.23	$	52.50
	UF₆ average cost and market value per KgU:
		- In Canadian dollars		$	164.26	$	151.68¹
		- In United States dollars		$	152.06	$	146.00

¹Converted at the September 30, 2011 exchange rate of $1.0389.

In the month of September 2011, UPC repurchased 134,500 of its common shares at a cost of CDN$762,000 under a normal course issuer bid.

About Uranium Participation Corporation

Uranium Participation Corporation is an investment holding company which invests substantially all of its assets in uranium oxide in concentrates (U₃O₈) and uranium hexafluoride (UF₆) (collectively "uranium"), with the primary investment objective of achieving appreciation in the value of its uranium holdings. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on Uranium Participation Corporation's website at www.uraniumparticipation.com.

Uranium Participation Corporation
Ron Hochstein
President
(416) 979-1991 Ext. 232
or
Uranium Participation Corporation
James Anderson
Chief Financial Officer
(416) 979-1991 Ext. 372
www.uraniumparticipation.com

Uranium Participation Corporation


	CODE : U.TO
	ISIN : CA9170171057

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Uranium Part. Co. is based in Canada.

Uranium Part. Co. is listed in Canada. Its market capitalisation is CA$ 617.5 millions as of today (US$ 489.5 millions, € 414.6 millions).

Its stock quote reached its highest recent level on July 04, 2008 at CA$ 9.95, and its lowest recent point on March 19, 2010 at CA$ 0.89.

Uranium Part. Co. has 120 850 000 shares outstanding.

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