Emerging producer of Gold and Silver in Mexico
Property hosts Inferred mineral resources of 225,750 tonnes of tailings with a grade of 2.0 g/t gold and 220 g/t of silver.
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Message: UC Resources Announces Private Placement

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UC Resources Announces Private Placement

posted on Jul 16, 09 05:47PM

VANCOUVER, BRITISH COLUMBIA--(July 16, 2009) - UC Resources Ltd. (TSX VENTURE:UC) announces that it has arranged a non-brokered private placement by the sale of 1,000,000 units, at $0.10 per unit. Each unit will be comprised of one share and one-half of one transferable share purchase warrant, with each whole warrant exercisable for the purchase of one additional share, at a price of $0.15 per share for a period of two years. Proceeds from the private placement will be used for working capital.

The financing is subject to regulatory approval.

On Behalf of the board or directors

Jim Voisin, President & CEO

UC Resources Ltd.

FOR FURTHER INFORMATION PLEASE CONTACT:

UC Resources Ltd.
Vancouver Head Office

Toll Free: 1-800-366-8566 (Canada & USA)

www.ucresources.net

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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