U3O8 Corp. Announces Results of Annual General Shareholder Meeting
36 Toronto Street T: 416-868-1491
Suite 1050 www.u3o8corp.com
Toronto TSX: UWE
ON, M5C 2C5 OCTQB: UWEFF
Canada
Press Release
U3O8 Corp. Announces Results of Annual General Shareholder Meeting
Toronto, Ontario – June 26, 2019 – U3O8 Corp. (TSX: UWE), (OTCQB: UWEFF) (“U3O8 Corp.” or the
“Company”) reports that all matters brought before its shareholders were approved at the Annual General
Meeting (“AGM”) held yesterday in Toronto, Ontario. A total of 6,644,075 of the Corporation’s common
shares were voted by proxy and in person, representing 28.83% of the 23,043,436 shares outstanding on
May 13, 2019, the record date of the AGM.
Directors
Shareholders voted for the slate of directors proposed by Management as follows:
Director Number of
Votes For
% Votes
For
Number of Votes
Withheld % Votes Withheld
Keith Barron 3,667,623 96.54% 131,292 3.46%
David Constable 3,652,305 96.14% 146,610 3.86%
David Franklin 3,652,305 96.14% 146,610 3.86%
Pablo Marcet 3,652,805 96.15% 146,110 3.85%
David Marsh 3,652,305 96.14% 146,610 3.86%
Richard Spencer 3,668,623 96.57% 130,292 3.43%
Auditors
A total of 6,418,521 (97.38%) of shares were voted in favour of the appointment of Davidson and Company
LLP to be the Company’s auditors for 2019, with 173,049 (2.63%) of votes withheld.
About U3O8 Corp.
U3O8 Corp. is focused on exploration and development of deposits of uranium and battery commodities in
South America. Battery commodities that occur with uranium resources include vanadium, nickel, zinc and
phosphate. The Company’s mineral resources estimates were made in accordance with National
Instrument 43-101, and are contained in the following deposits:
• Laguna Salada Deposit, Argentina – a PEA shows this near surface, free-digging uranium - vanadium
deposit has low production-cost potential; and
• Berlin Deposit, Colombia – a PEA shows that Berlin also has low -cost uranium production potential
due to revenue that would be generated from by-products of phosphate, vanadium, nickel, rare earths
(yttrium and neodymium) and other metals that occur within the deposit.
The Company also owns approximately 39% of South American Silica, a private company with frac sand
properties in Uruguay.
Additional Information
For further information, please contact Carolina Diaz at [email protected] or Richard Spencer,
President & CEO, U3O8 Corp. at [email protected] or by telephone at (416) 868-1491.
Information on U3O8 Corp., its resources and technical reports are available at www.u3o8corp.com and on
SEDAR at www.sedar.com. Follow U3O8 Corp. on Facebook: http://www.facebook.com/u3o8corp, Twitter:
http://www.twitter.com/u3o8corp and YouTube: http://www.youtube.com/u3o8corp.
Forward-Looking Statements
2
This news release includes certain “forward looking statements” related with the development plans, economic potential
and growth targets of U3O8 Corp’s projects. Forward -looking statements consist of statements that are not purely
historical, including statements regarding beliefs, plans, expectations or intens ions for the future, and include, but not
limited to, statements with respect to: (a) the low -cost and near-term development of Laguna Salada, (b) the Laguna
Salada and Berlin PEAs, (c) the potential of the Kurupung district in Guyana, (d) impact of the U - pgradeTM process
on expected capital and operating expenditures, and (e) the price and market for uranium. These statements are based
on assumptions, including that: (i) actual results of our exploration, resource goals, metallurgical testing, economic
studies and development activities will continue to be positive and proceed as planned, and assumptions in the Laguna
Salada and Berlin PEAs prove to be accurate, (ii) a joint venture will be formed with the provincial petroleum and mining
company on the Arg entina project, (iii) requisite regulatory and governmental approvals will be received on a timely
basis on terms acceptable to U3O8 Corp., (iv) economic, political and industry market conditions will be favourable,
and (v) financial markets and the market for uranium will improve for junior resource companies in the short-term. Such
statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ
materially from those contained in such statements, including, but not limited to: (1) changes in general economic and
financial market conditions, (2) changes in demand and prices for minerals, (3) the Company’s ability to establish
appropriate joint venture partnerships, (4) litigation, regulatory, and legisl ative developments, dependence on
regulatory approvals, and changes in environmental compliance requirements, community support and the political and
economic climate, (5) the inherent uncertainties and speculative nature associated with exploration result s, resource
estimates, potential resource growth, future metallurgical test results, changes in project parameters as plans evolve,
(6) competitive developments, (7) availability of future financing, (8) exploration risks, and other factors beyond the
control of U3O8 Corp. including those factors set out in the “Risk Factors” in our Annual Information Form available on
SEDAR at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward -looking statements. U3O8 Corp. assumes no obligation to update such information,
except as may be required by law. For more information o n the above-noted PEAs, refer to the September 18, 2014
technical report titled “Preliminary Economic Assessment of the Laguna Salada Uranium -Vanadium Deposit, Chubut
Province, Argentina” and the January 18, 2013 technical report titled “U3O8 Corp. Prelimi nary Economic Assessment
on the Berlin Deposit, Colombia.”