HALIFAX, NOVA SCOTIA--(Marketwire - Sept. 21, 2009) -
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Ucore Uranium Inc. (TSX VENTURE:UCU) ("Ucore" or the "Corporation") is pleased to announce the appointment of Mr. Peter Manuel as Vice-President, Chief Financial Officer and Corporate Secretary on a full time basis, subject to the approval of the TSX Venture Exchange, effective September 21, 2009.
Mr. Manuel is a Chartered Accountant with more than 17 years experience providing consulting services to companies in a range of sectors, with a focus on the financial services and resource sectors. He joins Ucore having spent the last 10 years in England and The Republic of Ireland providing assurance, strategic planning, corporate finance and other consulting services to a portfolio of both public and private entities including licensed banks, proprietary trading operations, and international corporate treasuries.
Commensurate with his appointment, Mr. Manuel will be granted 250,000 stock options, subject to the approval of the TSX Venture Exchange. The options are exercisable at a price of $0.84 per share and expire five years from September 21, 2009, the date of grant. The options will vest 25% on the first anniversary of the grant and in 25% increments every six months thereafter until fully vested.
Ucore also announces the departure of Mr. Keith Abriel as Vice-President, Chief Financial Officer and Corporate Secretary, who is leaving Ucore to focus on his role as Chief Financial Officer of Linear Gold Corp. on a full time basis.
"I am delighted that Peter Manuel has agreed to join the team at Ucore. Peter is a welcome, full time addition to Ucore's executive team and will ensure that Ucore's treasury and financial reporting functions continue to be well managed. I would like to thank Keith for his dedicated service to Ucore."
Jim McKenzie, President
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