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Published on 4/20/2009 in the Prospect News PIPE Daily.

New Issue: UC Resources announces C$1 million private placement of shares with MineralFields

By Devika Patel

Knoxville, Tenn., April 20 - UC Resources Ltd. said it has arranged a C$1 million private placement of stock.

The company will sell up to 10 million flow-through common shares at C$0.10 per share to MineralFields Group.

Based in Vancouver, B.C., UC Resources is a base and precious metals company.

Issuer:UC Resources Ltd.
Issue:Flow-through common shares
Amount:C$1 million
Shares:10 million
Price:C$0.10
Investor:MineralFields Group
Pricing date:April 20
Stock symbol:TSX Venture: UC
Stock price:C$0.09 at close April 20

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