Uranium Participation Corporation Reports Net Asset Value at February 28, 2014

Uranium Participation Corporation Reports Net Asset Value at February 28, 2014
  
 

TORONTO, ONTARIO--(Marketwired - Mar 3, 2014) -

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Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at February 28, 2014 was CAD$602.9 million or CAD$5.16 per share. As at February 28, 2014, UPC's investment portfolio consisted as follows:

(in thousands of Canadian dollars, except quantity amounts)				Quantity	Cost		Fair Value
Investments in Uranium:
	Uranium oxide in concentrates ("U3O8")			7,826,811 lbs	$	376,859	$	307,721
	Uranium hexafluoride ("UF6")			2,153,471 KgU	$	353,357	$	232,1251
					$	730,216	$	539,846
	U3O8 average cost and market value per pound:
		- In Canadian dollars			$	48.15	$	39.322
		- In United States dollars			$	44.01	$	35.502
	UF6 average cost and market value per KgU:
		- In Canadian dollars			$	164.09	$	109.642
		- In United States dollars			$	152.26	$	99.002

1 Includes a CAD$3,987,000 fair value adjustment for UPC's UF6 inventory held at the USEC Inc. enrichment facility.

2 Market values reflect month-end spot prices published by Ux Consulting Company, LLC, translated at the February 28, 2014 exchange rate of $1.1075.

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.

Uranium Participation CorporationRon HochsteinPresident and Chief Executive Officer(416) 979-1991 Ext. 232Uranium Participation CorporationJames AndersonChief Financial Officer(416) 979-1991 Ext. 372www.uraniumparticipation.com