Eaton Joins UEX Board

    Trading Symbol: UEX-TSX

    VANCOUVER, March 26 /CNW/ - UEX Corporation ("UEX") is pleased to
announce the appointment of Mark P. Eaton to the Board of Directors of UEX.
Mr. Eaton is an experienced investment professional with over 20 years of
experience in equity capital markets specializing in the resource sector.
    After graduating from Hull University, England in 1984, Mr. Eaton began
his career in institutional equity sales. From 1985 to 1995, Mr. Eaton worked
in London, U.K. for several leading Canadian investment dealers.
    In 1995, Mr. Eaton moved to the United States where he worked in U.S.
institutional equity sales for Tucker Anthony of Boston, Massachusetts. From
1996 to 1998, Mr. Eaton worked in New York City where he served as Vice
President of Global Mining Sales for Robert Fleming Ltd., a London based
Merchant Bank. While at Robert Fleming Ltd., Mr. Eaton's responsibilities
included the marketing of global mining and commodity research.
    From 1998 to 2007, Mr. Eaton held the position of Managing Director of
Global Mining Sales, a division of CIBC World Markets of Toronto Canada.
During this time Mr. Eaton also held the position of Manager of U.S. Equity
Sales for CIBC World Markets, building its teams in Boston and New York to
market the full Canadian products and services of CIBC World Markets.
    Mr. Eaton now holds the offices of Partner and Director of Loewen
Ondaatje McCutcheon Ltd., a Toronto-based investment dealer which Mr. Eaton
joined in 2007.
    The other Directors of UEX are Stephen Sorensen, President and C.E.O. of
UEX, Graham Thody, Chairman of UEX, Colin Macdonald, Vice-President,
Exploration of Cameco Corporation, Suraj Ahuja, geological consultant, and
Walter Segsworth, mining consultant.
    The UEX Board of Directors welcomes Mr. Eaton and looks forward to his
contribution to the Company.


                             Stephen H. Sorensen
                             President & C.E.O.

    %SEDAR: 00017609E

For further information:

For further information: UEX CORPORATION, Suite 1007 - 808 Nelson
Street, Vancouver, B.C., Canada, V6Z 2H2, Phone: (604) 669-2349, Fax: (604)
669-1240, Website:, Email:

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