UC Resources Ltd.: Shares for Debt

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UC Resources Ltd.: Shares for Debt

UC Resources Ltd. (TSX VENTURE:UC) - The Company wishes to announce it has
agreed to issue a total of 1,235,250 shares for debt, at a price of $0.10 per
share, to extinguish a debt in the amount of $123,525. The debt was originally
incurred as a loan in 2008, as disclosed in the Company's financial statements.
Trading in the shares issued for the debt will be subject to a four month and a
day hold period from the date of distribution.


The issuance of shares for debt is subject to TSX Venture Exchange approval.

On behalf of the Board of Directors,

Jim Voisin, President & CEO

UC Resources Ltd.

UC Resources Ltd. (TSXV:UC)
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