TSXV:UCR
KIRKLAND LAKE, ON, June 17 /CNW/ - Uranium City Resources (the "Corporation") (TSXV:UCR) is pleased to announce that all of the Directors were re-elected at the Corporation's recent Annual and Special Meeting of Shareholders held on June 12, 2008 in Kirkland Lake, Ontario. The Board of Directors has subsequently passed a written resolution to appoint Malcolm Bucholtz to the Corporation's Board of Directors. This appointment is subject to the approval of the TSX Venture Exchange Inc.
Mr. Bucholtz is a 1986 graduate of Queen's University (Metallurgical Engineering) and a 2000 graduate of the Edinburgh Business School (MBA).
From 1986 to 2002, Mr. Bucholtz held positions of increasing responsibility in the Canadian steel industry. From 2002 to 2007, Mr. Bucholtz was an Investment Advisor with Union Securities, an independent Canadian brokerage firm. Mr. Bucholtz became an officer of the Corporation in 2007.
Commenting on the appointment, Mr. Robert Kasner, President and CEO of the Corporation, stated, "We welcome Malcolm to our team. With his experience and background, he will be a great asset to the Board of Directors of Uranium City Resources."
About Uranium City Resources
Uranium City Resources (UCR) is a Canadian based junior exploration company focused on Uranium exploration in the Uranium City Mining District of northern Saskatchewan and also in north-central Newfoundland. In Saskatchewan, Uranium City Resources has 11 exploration properties comprising of more than 100,000 acres the most advances of which is the East Target. In Newfoundland, UCR is engaged in a joint venture with North American Uranium. UCR trades on the TSX Venture Exchange under the symbol UCR.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release. No stock exchange securities commission or
other regulatory authority has approved or disapproved the information
contained herein.
