Urex Meets with Representatives of Areva

* Reuters is not responsible for the content in this press release.

Tue Mar 24, 2009 9:00am EDT

RENO, Nevada--(Business Wire)--
Urex Energy Corporation (the "Company" or "Urex") (OTCBB: URXE) reports that
Directors of the Company met with representatives of Areva NC at the Prospectors
& Developers Association of Canada conference (PDAC) in Toronto to discuss the
Company`s uranium properties in southern Argentina. 

Areva is investigating options regarding uranium resources in southern Argentina
and is in cooperation with various owners including Urex to support a potential
central process facility. A minimum mineable uranium reserve necessary to
support such a process facility is estimated at 22 million pounds of eU3O8. The
concept is that the mining of a number of satellite uranium ore bodies,
controlled by different owners, would provide uranium ore feed to the central
milling facility. 

The Company is conducting uranium exploration in the Chubut Province adjacent to
Comision Nacional de Energia Atomica`s (CNEA) Cerro Solo uranium deposit, which
contains 10 million pounds of eU3O8. During the 2008 exploration season Urex
completed 88 drill holes totaling 7624 meters on 5 areas within the Cerro Solo
district and discovered significant and potentially economic uranium
mineralization. During the upcoming drill season, Urex will continue to develop
and explore its properties in district with the object of outlining 12 million
pounds of eU3O8 reserves, this, along with CNEA`s reserves, would support a new
central process facility in the district. 

About Urex Energy Corporation

Urex Energy Corp. is focused on actively exploring and developing uranium
properties in Argentina and New Mexico. Urex owns a 99.8% interest in the Rio
Chubut property comprised of 170,000 hectares of land which is adjacent to the
Cerro Solo Uranium deposit located in Chubut Province within Patagonia of
southern Argentina. 

Urex also owns a 100% interest in the La Jara Mesa Extension uranium property
consisting of 137 unpatented mining claims in the Grants Mining District, Cibola
County, New Mexico. The La Jara Mesa Extension property lies adjacent to
Laramide Resources Ltd.'s La Jara Mesa deposit. Between 1950 and 1978 the Grants
Mining District produced 270 million pounds of uranium oxide which ranks it as
the most prolific uranium district in the United States. 

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements", as that term is defined
in Section 27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this news release, which are
not purely historical, are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the future. 



Urex Energy Corporation
Investor Relations:
Mr. Al Kau, 888-795-3166
Email: info@urexenergy.com
www.urexenergy.com

Copyright Business Wire 2009

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