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Message: NEWS - UC Resources Announces Delay in Filing Financials

NEWS - UC Resources Announces Delay in Filing Financials

posted on Nov 07, 2007 04:35AM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 7, 2007) - UC Resources Ltd. ("UC" or "the Company") (TSX VENTURE:UC) wishes to advise that it is in default of filing its year-end financial statements and MD&A for the twelve months ended June 30, 2007 which were to have been filed on or before October 30, 2007 pursuant to relevant securities laws.

The Company has provided the draft financials statements and MD&A to the Company's auditors and is awaiting to receive the audited financial statements back from those auditors. The Company expects to file shortly.

On behalf of the Board,

Jim Voisin, President & CEO

UC Resources Ltd.

Investors are invited to visit the UC Resources IR Hub at http://www.agoracom.com/ir/UCResources where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to UC@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

UC Resources Ltd.Vancouver Head Office(604) 681-7265 or Toll Free: 1-800-366-8566 (Canada & USA)Fax: (604) 608-6163Website: www.ucresources.net

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