U3O8 Corp.’s Post-Consolidation Common Shares Start Trading Today; Director Exercises Out-of-the-Money Warrants
401 Bay Street T: 416-868-1491
Suite 2702 www.u3o8corp.com
Toronto, ON M5H 2Y4 TSX: UWE
Canada OCTQB: UWEFF
Press release
U3O8 Corp.’s Post-Consolidation Common Shares Start Trading Today; Director
Exercises Out-of-the-Money Warrants
Toronto, Ontario – September 11th, 2017 – U3O8 Corp. (TSX: UWE), (OTCQB: UWEFF) (“U3O8 Corp.”
or the “Company”) reports that its consolidated common shares will start trading at the open of the TSX
and OTCQB markets on Monday September 11 th, and that one of the Company’s directors has exercised
out-of-the-money warrants to contribute working capital to the Corporation.
Consolidated Common Shares of U3O8 Corp.
The common shares of the Corporation, after a consolidation of 20 old shares to one new share, will be
available for trading on the TSX and on the OTCQB platform in New York at the open of these markets
today, Monday September 11 th, 2017. The Company’s new share structure, post consolidation is as
follows:
Type of Equity Pre-Consolidation Post-Consolidation
Issued & Outstanding Shares 355,707,222 Up to 17,785,361*
Warrants 123,853,725 6,192,686
Options 15,445,000 772,250
Fully Diluted 495,005,947 24,750,297
* The actual number of issued and outstanding shares will be determined shortly, based on the number of
shareholders with accounts holding less than 1,000 U3O8 Corp. shares. Shareholders with less than
1,000 U3O8 Corp. shares will be paid out for their shares.
The CUSIP number for the Company’s common stock is 903415800 and the ISIN number is
CA9034158001. The Company’s symbol will be unchanged: UWE on the TSX and UWEFF on the
OTCQB platform.
A letter of transmittal , that provides all related details and instructions to shareholders relating to the
consolidation of the stock, was mailed to shareholders in the latter part of August and is available through
the Company's profile on SEDAR, www.sedar.com and on the Company’s website www.u3o8corp.com.
Director Exercising Out-of-the-Money Warrants
Dr. Keith Barron has exercise d approximately 2.3 million warrants , priced at $0.035, so as to provide
$80,500 in working capital for the Corporation while minimizing dilution to other shareholders.
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 three deposits:
Laguna Salada Dep osit, Argentina – a PEA shows this near surface, free -digging uranium -
vanadium deposit has low production-cost potential;
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; and
2
Kurupung Deposit, Guyana – a uranium resource has been estimated in four veins within a
uranium-zirconium vein sy stem. Resources have been estimated on four veins, while consistent
mineralization of the same type has been intersected in scout drilling of an additional six veins, while
yet other veins require first-time exploration drilling.
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: www.facebook.com/u3o8corp, Twitter:
www.twitter.com/u3o8corp and YouTube: www.youtube.com/u3o8corp.
For further information, please contact:
Richard Spencer, President & CEO, U3O8 Corp. Tel.: (416) 868-1491 [email protected]
Forward-Looking Statements
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 intensions 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) th e 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 b e formed with the provincial
petroleum and mining company on the Argentina 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 con ditions
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 appropriat e joint venture partnerships, (4) litigation, regulatory, and legislative developments,
dependence on regulatory approvals, and changes in environmental compliance requirements, community support
and the political and economic climate, (5) the inherent unc ertainties and speculative nature associated with
exploration results, 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 on 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. Preliminary Economic Assessment on the Berlin Deposit, Colombia.”