Uranium Participation Corporation Reports Estimated Net Asset Value at September 30, 2017

Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at September 30, 2017 was CAD$389.9 million or CAD$3.23 per share.

On September 30, 2017, the common shares of UPC closed on the TSX at a value of CAD$3.53, which represents a 9.29% premium to the net asset value of CAD$3.23 per share.

On September 25, 2017, UPC announced a bought-deal equity offering of 10,745,000 common shares, at a price of CAD$3.50 per share, for gross proceeds of $37,607,500, with an overallotment option of an additional 855,000 common shares at CAD$3.50 per share. The offering was completed on October 4, 2017 and the overallotment option was fully exercised. Accordingly, UPC issued 11,600,000 common shares for total gross proceeds of $40,600,000. The proceeds of the offering will be used by UPC to fund purchases of U3O8 and/or UF6 and for general corporate purposes.

About Uranium Participation Corporation

Uranium Participation Corporation is a company that 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 through increases in the uranium price.

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