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NWT Uranium Corp. Provides Corporate Update
Published : January 30, 2013
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Keywords :   Market | Uranium |

TORONTO, ONTARIO--(Marketwire - Jan. 30, 2013) - NWT Uranium Corp. (the "Corporation") (News - Market indicators)(OTCBB:NWURF)(FRANKFURT:NMV) would like to provide, further to its press release of January 24, 2013, an update with respect to its discussions with the TSX Venture Exchange and the proposed bid for Look Communications Inc. ("Look") by the Corporation's subsidiary, Niketo Co. Ltd. ("Niketo").

TSX Venture Exchange

The Corporation has been advised by the TSX Venture Exchange (the "Exchange") that the Corporation has been deemed to have undertaken a change of business from a mining issuer to an investment issuer. As a result of the deemed change of business, the Corporation will be making the appropriate filings with the Exchange in order to obtain Exchange approval for the change of business.

The Corporation's common shares will remain halted until such time that the Exchange has approved the change of business.

Look Communications Inc.

Further to its press release of January 8, 2013, the Corporation advises that its subsidiary, Niketo, has not proceeded with its proposed offer to acquire a 49.9% voting interest of Look. The Corporation is currently evaluating its various options, but here can be no assurance Niketo's offer will be successful or will be completed as proposed or at all. Any acquisition of the Look shares would be subject to various conditions, including Exchange approval.

Neither 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.

NWT Uranium Corp.
David Subotic
(416) 504-3978
Gavin Davidson
(416) 999-7138

NWT Uranium Corporation

ISIN : CA6681301074
CUSIP : 668130107
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NWT Uranium Corp. is an exploration uranium company based in Canada.

NWT Uranium Corp. holds various exploration projects in Canada.

Its main exploration properties are PICACHOS in Mexico, NORTH RAE, WATERBURY, DANIEL LAKE, CONJUROR / BEAR, FLEX / BEAR and LONGTOM / BEAR in Canada and IN GALL, IRHAZAR, KAMAS and DABALA in Niger.

NWT Uranium Corp. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 6.6 millions as of today (US$ 5.3 millions, € 4.6 millions).

Its stock quote reached its highest recent level on December 20, 2004 at CA$ 1.55, and its lowest recent point on October 31, 2008 at CA$ 0.02.

NWT Uranium Corp. has 132 141 342 shares outstanding.

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Nominations of NWT Uranium Corporation
7/29/2008appoints new Chief Financial Officer
6/16/2008appoints new President and CEO
Project news of NWT Uranium Corporation
5/1/2008(Picachos)Drill Results Support Bulk Tonnage Potential at Pica
2/14/2008advancements with Niger Uranium properties
Corporate news of NWT Uranium Corporation
1/12/2015NWT Uranium Corp. Provides Clarification
1/12/2015Provides Clarification
12/7/2014NWT Uranium Corp. Provides Update
7/28/2014NWT Uranium Announces Results of Its Annual and Special Shar...
5/14/2014NWT Uranium Announces Shareholder Meeting
4/17/2014NWT Uranium Announces Resignation of CFO, Raphael Danon
4/8/2013Announces Change of Business
3/4/2013Holds 10.02% of New Hana Copper Mining Ltd.
2/15/2013Change of Business Update
1/30/2013Provides Corporate Update
1/24/2013in Discussions with TSX Regarding Resumption of Trading
1/8/2013Announces Niketo Ltd., Its Wholly Owned Subsidiary, Will Mak...
7/8/2011John Zorbas Appointed Executive Chairman
2/16/2011Exercises Warrants For NWM Mining Corp Shares
1/4/2011NWT Uranium Corp. announces grant of 7.470.000 options to di...
6/2/2008management resignations
4/28/2008positive results from drilling at Niger Uranium's
4/4/2008 acquires interest in Kalahari Minerals through Niger Uraniu...
2/13/2008and Nu-Mex Uranium Corp. terminate arrangement agreement
2/12/2008Cured of Default over Quebec Properties
1/11/2008updates shareholders on Niger Uranium 2008 exploration progr...
12/14/2007Updates Shareholders on Letter Agreement for a Business Comb...
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