TORONTO, ONTARIO–(Marketwired – June 22, 2016) – Uranium Participation Corporation (“UPC” or the “Corporation”) (TSX:U) is pleased to announce that the nominees listed in the management information circular for the 2016 Annual General Meeting of Shareholders (“Annual Meeting“) were elected as directors of the Corporation. Detailed results of the vote for the election of directors held at the Annual Meeting yesterday in Toronto are set out below.
| Nominee | Votes For | % For | Votes Withheld | % Withheld | ||||
| Paul J. Bennett | 67,368,049 | 99.30 | 472,574 | 0.70 | ||||
| Thomas Hayslett | 67,553,673 | 99.58 | 286,950 | 0.42 | ||||
| Jeff Kennedy | 57,168,117 | 84.27 | 10,672,506 | 15.73 | ||||
| Garth MacRae | 59,652,336 | 87.93 | 8,188,287 | 12.07 | ||||
| Ganpat Mani | 67,304,095 | 99.21 | 536,528 | 0.79 | ||||
| Richard H. McCoy | 67,294,888 | 99.20 | 545,735 | 0.80 | ||||
| Dorothy Sanford | 67,679,833 | 99.76 | 160,790 | 0.24 |
UPC shareholders also approved the reappointment of PricewaterhouseCoopers LLP as auditor of the Corporation for the ensuing year at the remuneration to be fixed by directors.
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.
David Cates
President & Chief Executive Officer
(416) 979-1991 Ext. 362
Uranium Participation Corporation
Mac McDonald
Chief Financial Officer
(416) 979-1991 Ext. 242