Uranium One Appoints New Head of Investor Relations

Trading Symbol: SXR - The Toronto Stock Exchange

TORONTO AND JOHANNESBURG, SOUTH AFRICA, June 12 /CNW/ - Uranium One is
pleased to announce the appointment of Chris Sattler as Vice President,
Investor Relations. Mr. Sattler will be based in the Corporation's Toronto
office and succeeds Donald Falconer, who is retiring.
Mr. Sattler joins Uranium One from AIM-listed Serabi Mining plc in
London, England, where he served as Manager, Finance and Corporate
Development. From 1998 to 2003, Mr. Sattler was a member of the Mining,
Investment and Corporate Banking Group at BMO Nesbitt Burns in Toronto, where
he provided corporate finance and M&A advisory services to clients in the
mining sector in Canada and internationally.
Mr Sattler holds a BSc. in Mining Engineering from Queen's University in
Kingston, Ontario and an MBA from the London Business School.

About sxr Uranium One

sxr Uranium One Inc. is a Canadian uranium and gold resource company with
a primary listing on the Toronto Stock Exchange and a secondary listing on the
Johannesburg Stock Exchange. The Corporation owns the Dominion Uranium Project
in South Africa and the Honeymoon Uranium Project in South Australia, as well
as a number of exploration projects. The Corporation holds a 79% interest in
Aflease Gold Limited, which owns the Modder East gold project in South Africa.
Through a joint venture with Pitchstone Exploration Ltd., the Corporation is
also engaged in uranium exploration activities in the Athabasca Basin of
Saskatchewan.

To receive the Corporation's news releases by email, contact John Fraser,
Corporate Communications at john(at)uranium1.com or Don Falconer, Investor
Relations, at don(at)uranium1.com. The TSX has neither approved nor disapproved
of the information contained herein.

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