UC Resources Ltd. Private Placement Over Subscribed
posted on
Jan 25, 2010 07:00PM
VANCOUVER, BRITISH COLUMBIA--(Jan. 25, 2010) - UC Resources Ltd. (TSX VENTURE:UC), further to the company's news releases dated January 25, 2010; UC has arranged an additional non-flow-through offering of 1 million units, at 8 cents per unit, to raise an additional $80,000 for working capital. The unit will consist of one share and one-half purchase warrant, with each whole warrant exercisable at 10 cents for a period of one year.
There is no finder's fee payable in connection with the oversubscription.
On behalf of the Board of Directors,
Jim Voisin, President & CEO
UC Resources Ltd.
We seek safe harbour.
Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.
FOR FURTHER INFORMATION PLEASE CONTACT:
UC Resources Ltd.
Damien Lowry
Vancouver Head Office
Toll Free: 1-800-366-8566 (Canada & USA)
www.ucresources.net