|

UC Resources Ltd. Announces Stock Options
August 31, 2005
Vancouver, B.C., August 31, 2005 - UC Resources Ltd. (the "Company") announces that it has granted to Directors, officers and consultants options to purchase 1,760,000 shares, at an exercise price of $0.11 per share, for a period of five years. In addition, 1,225,000 options granted in November 2004 have been repriced at $0.11 per share, subject to acceptance by the TSX Venture Exchange.
The Company further announces that William S. Elston has been appointed Vice-President – Corporate Development.
On behalf of the Board of Directors,
Richard J. Hamelin, President/Director
For further information, please contact:
Vancouver
William (Will) S. Elston |
| Tel: |
(604) 681-7265 |
#507-595 Howe Street |
| Fax: |
(604) 681-2161 |
Vancouver, B.C., V6C 2T5, Canada |
| Email: |
elston@ucresources.net |
|
| Website: |
www.ucresources.net |
|
| Toll Free: |
1-800-366-8566 (Canada & USA) |
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company’s registered filings what are available at www.sedar.com.
|