Uranium Participation Corporation Reports Financial Results for the Year Ended February 28, 2014

(TSX:U) - 

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


Uranium Participation Corporation ("UPC") reports results for the year ended
February 28, 2014. All amounts are in Canadian currency unless otherwise noted.


Total equity ("net asset value") decreased $13.5 million in the year to $602.5
million ($5.15 per share) at February 28, 2014 from $615.9 million ($5.79 per
share) at February 28, 2013. 




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                                                                 Year ended 
                                                February 28,   February 28, 
                                                        2014           2013 
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Net asset value (in thousands)                     $ 602,460      $ 615,949 
Net asset value per common share - basic and                                
 diluted                                                5.15           5.79 
Net loss for the period                              (68,445)       (96,211)
U3O8 spot price(1)(US$) at period end date             35.50          42.00 
UF6 spot price(1)(US$) at period end date              99.00         120.00 
Noon US$-CAD$ exchange rate at period end date        1.1075         1.0285 
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(1) Reflects spot prices published by Ux Consulting Company, LLC. Translation to
Canadian dollars calculated at the period end noon foreign exchange rate.


Net losses incurred of $68.4 million (2013-$96.2 million) for the year ended
February 28, 2014 was primarily due to unrealized losses on investments of $64.1
million (2013-$96.0 million), a result of the decline in U3O8 and UF6 spot
prices, and by a decrease in foreign exchange rates in the year.


Management fees of $1.7 million (2013-$1.6 million) and storage fees of $2.2
million (2013-$1.6 million) were incurred. 


Total equity also includes net proceeds of $55 million from a common share issue
which closed in February, 2014.


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. 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ron Hochstein
President and Chief Executive Officer
(416) 979-1991 Ext. 232


James Anderson
Chief Financial Officer
(416) 979-1991 Ext. 372

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