Oct 02, 2009 15:43 ET
Ucore Uranium Announces Board Changes
HALIFAX, NOVA SCOTIA--(Marketwire - Oct. 2, 2009) -
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Ucore Uranium Inc. (TSX VENTURE:UCU) ("Ucore" or the "Company") announces the resignation of Mr. Brian MacEachen as director effective September 30, 2009. Mr. MacEachen is leaving due to a previously existing long term engagement as a member of the board of directors of another very well respected rare earth exploration concern. The former relationship predates Mr. MacEachen's appointment to the board of directors of Ucore in 2006.
"The rapidly changing landscape of the rare earth sector has been a very surprising and a very fortunate development for Ucore," said Jim McKenzie, President and CEO. "It has also generated a fiduciary conflict that was unavoidable and previously unforeseen. We wish to thank Mr. MacEachen for his significant contribution to Ucore and wish him every success in the future."
Jim McKenzie, President