KIRKLAND LAKE, ON, July 18 /CNW/ - Uranium City Resources Inc. (the
"Corporation") (TSXV:UCR) announces that Robert J. Kasner has resigned as
President and Chief Executive Officer and as a director of the Corporation.
Malcolm Bucholtz, a director of the Corporation, has been appointed as the
President and Chief Executive Officer of the Corporation, and Glenn Kasner has
been appointed as the Chief Operating Officer of the Corporation. These
appointments are subject to the approval of the TSX Venture Exchange Inc.
From 1986 to 2002, Mr. Bucholtz held positions of increasing
responsibility in the Canadian steel industry. From 2002 to 2007, Mr. Bucholtz
was an Investment Advisor with Union Securities, an independent Canadian
brokerage firm. Mr. Bucholtz was appointed as Vice-President - Investor
Relations of the Corporation in 2007, and was appointed as a director of the
Corporation in June, 2008.
Since 1998, Glenn Kasner has been the President of Chief Executive
Officer of RJK Explorations Ltd., a mineral exploration company engaged in the
acquisition, exploration and development of early stage mineral resource
About Uranium City Resources
Uranium City Resources (UCR) is a Canadian based junior exploration
company focused on Uranium exploration in the Uranium City Mining District of
northern Saskatchewan and also in north-central Newfoundland. In Saskatchewan,
Uranium City Resources has 11 exploration properties comprising of more than
100,000 acres the most advances of which is the East Target. In Newfoundland,
UCR is engaged in a joint venture with North American Uranium. UCR trades on
the TSX Venture Exchange under the symbol UCR.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release. No stock exchange securities commission or
other regulatory authority has approved or disapproved the information
For further information:
For further information: Malcolm Bucholtz, President and Chief Executive
Officer, T: (306) 525-0852, E: firstname.lastname@example.org