CALGARY, Oct. 27 /CNW/ - Mr. James Gardiner, Director of Uravan Minerals
Inc. ("Uravan") (TSXV: UVN) has resigned as a member of the Board of Directors
of Uravan effective October 5, 2007. Uravan was pleased to have Mr. Gardiner
participate as a member of the Board and wish him well in his future
About Uravan Minerals Inc.
Uravan Minerals Inc. ("Uravan") is a Calgary, Alberta based mineral
exploration company specializing in uranium, base metal (nickel, copper) and
precious metal (gold, platinum, and palladium) exploration. Uravan's principal
assets are the Boomerang uranium project, the Garry Lake uranium property and
the Rottenstone Nickel-Copper-PGE project. Due to the increase in the uranium
spot prices, going from $7.10 per pound U(3)O8 in 2000 to $78.00 recently,
Uravan has focused on exploration for potential high-grade unconformity-type
uranium deposits on its joint Cameco-Uravan Boomerang uranium project and its
Garry Lake uranium project plus acquiring additional uranium properties in
other potential geological domains. Uravan is a publicly listed company on the
TSX Venture Exchange under the trading symbol UVN. Uravan has 26,557,614
shares outstanding and approximately $11.0 million in working capital. All of
the mineral properties Uravan owns are considered in the exploration stage of
This press release may contain forward looking statements including those
describing the Corporation's future plans and the expectations of management
that a stated result or condition will occur. Any statement addressing future
events or conditions necessarily involves inherent risk and uncertainty.
Actual results can differ materially from those anticipated by management at
the time of writing due to many factors, the majority of which are beyond the
control of the Corporation and its management.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Larry Lahusen, Executive Chairman, Uravan
Minerals Inc., Tel: (403) 264-2630, Email: email@example.com,