Uranium Participation Corporation Reports Net Asset Value at April 30, 2014

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TORONTO, ONTARIO -- (Marketwired - May 2, 2014) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at April 30, 2014 was CAD$524.2 million or CAD$4.49 per share. As at April 30, 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")  8,576,811 lbs   $ 405,547    $ 288,977
  Uranium hexafluoride ("UF6")            2,153,471 KgU   $ 353,357    $ 206,461 1
                                                          $ 758,904    $ 495,438
U3O8 average cost and market value per pound:
  - In Canadian dollars                                    $ 47.28     $ 33.69 2
  - In United States dollars                               $ 43.15     $ 30.75 2
UF6 average cost and market value per KgU:
  - In Canadian dollars                                   $ 164.09     $ 95.87 2
  - In United States dollars                              $ 148.16     $ 87.50 2

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 April 30, 2014 exchange rate of $1.0957.


The Company has agreed to purchase 100,000 pounds of U3O8 at a cost of US$34.50 per pound, with delivery to occur prior to the end of June, 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 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.



Contact

Uranium Participation Corporation
Ron Hochstein, President and Chief Executive Officer
(416) 979-1991 Ext. 232

Uranium Participation Corporation
James Anderson, Chief Financial Officer
(416) 979-1991 Ext. 372