Uranium Participation Corporation Reports Net Asset Value at January 31, 2015

TORONTO, ONTARIO -- (Marketwired - Feb. 4, 2015) - Uranium Participation Corporation (TSX:U) ("UPC") reports its estimated net asset value at January 31, 2015 was CAD$709.9 million or CAD$6.07 per share. As at January 31, 2015, UPC's investment portfolio consisted as follows:

(in thousands of Canadian dollars, except quantity amounts)   Quantity   Fair Value
Investments in Uranium: 			
  Uranium oxide in concentrates ("U3O8")                9,138,096 lbs     $ 427,069
  Uranium hexafluoride ("UF6")                          2,053,471 KgU     $  264,98 (1)
                                                                          $ 692,056
  U3O8 market value per pound:
    - In Canadian dollars                                                   $ 46.73 (2)
    - In United States dollars                                              $ 36.75
  UF6 market value(1) per KgU:
    - In Canadian dollars                                                  $ 129.04 (2)
    - In United States dollars                                             $ 101.47

(1) Includes a CAD$3,987,000 fair value adjustment for UPC's UF6 inventory held at the United States Enrichment Corporation's enrichment facility.

(2) Market values are month-end spot prices published by Ux Consulting Company, LLC, translated at the month-end noon exchange rate of $1.2717.

Subsequent to month end, UPC agreed to purchase 40,000 lbs. U3O8 at an average price of US$36.25 per pound. The transaction is anticipated to close in early February.


About Uranium Participation Corporation

Uranium Participation Corporation is a company that invests substantially all of its assets in uranium oxide in concentrates ("U3O8") and uranium hexafluoride ("UF6") (collectively "uranium"), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price. Additional information about Uranium Participation Corporation is available on SEDAR at www.sedar.com and on Uranium Participation Corporation's website at www.uraniumparticipation.com.


THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.



Contact

Uranium Participation Corporation
Ron Hochstein, President and Chief Executive Officer
(416) 979-1991 Ext. 232

Uranium Participation Corporation
James Anderson, Chief Financial Officer
(416) 979-1991 Ext. 372