UC Closes Private Placement

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

Thu Aug 27, 2009 6:14pm EDT

  VANCOUVER, BRITISH COLUMBIA, Aug 27 (MARKET WIRE) -- 
Further to UC Resources Ltd.'s (the "Company") (TSX VENTURE: UC) news
releases dated August 18 and 20, 2009, the Company is pleased to announce
it has received TSX Venture Exchange approval for and closed its private
placements of 1,000,000 flow-through shares, at $0.13 per flow-through
share, and 1,707,000 non-flow-through units, at a price of $0.13 per
unit, to raise aggregate proceeds of $351,910. Each unit is comprised of
one common share of the Company and one-half of one transferable warrant,
each whole warrant exercisable to purchase one common share, at a price
of $0.20, for a period of two years.

    All of the shares, warrants and any shares issued upon exercise of the
warrants comprising the units are subject to a hold period and may not be
traded in Canada until December 27, 2009, except as permitted by
applicable Canadian securities laws and the TSX Venture Exchange.

    On behalf of the Board of Directors of UC RESOURCES LTD.

    JIM VOISIN, President & CEO


 
 Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.

Contacts:
UC Resources Ltd.
Vancouver Head Office
Toll Free: 1-800-366-8566 (Canada & USA)
www.ucresources.net

Copyright 2009, Market Wire, All rights reserved.

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