Uranium Participation Corporation Reports Net Asset Value at August 31, 2013

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net
asset value at August 31, 2013 was CAD$526.7 million or CAD$4.95 per share. As
at August 31, 2013, UPC's investment portfolio consisted as follows:




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(in thousands of Canadian                                                   
 dollars, except quantity                                             Market
 amounts)                                  Quantity       Cost         Value
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Investments in Uranium:                                                     
 Uranium oxide in concentrates                                              
  ("U3O8")                            7,250,000 lbs $  342,495 $     267,782
 Uranium hexafluoride ("UF6")         2,374,230 KgU $  389,998 $     251,179
                                                                            
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                                                    $  732,493 $     518,961
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 U3O8 average cost and market                                               
  value per pound:                                                          
   - In Canadian dollars                            $    47.24 $    36.94(1)
   - In United States dollars                       $    43.23 $       35.00
 UF6 average cost and market                                                
  value per KgU:                                                            
   - In Canadian dollars                            $   164.26 $   105.79(1)
   - In United States dollars                       $   152.06 $      100.25
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( 1) Converted at the August 31, 2013 exchange rate of $1.0553.             



At August 31, 2013, UPC has commitments to sell the conversion component of
120,759 KgU as UF6 for delivery in September 2013, and the conversion component
of 100,000 KgU as UF6 for delivery in January 2014. To facilitate the sale of
the conversion components, UPC will transfer 220,759 KgU as UF6 to the buyers
and receive 576,811 pounds of U3O8 and consideration of US$2,117,000
(CAD$2,234,000).


About Uranium Participation Corporation

Uranium Participation Corporation is a company that invests substantially all of
its assets in uranium oxide in concentrates ("U3O8") and uranium hexafluoride
("UF6") (collectively "uranium"), with the primary investment objective of
achieving appreciation in the value of its uranium holdings. Additional
information about Uranium Participation Corporation is available on SEDAR at
www.sedar.com and on Uranium Participation Corporation's website at
www.uraniumparticipation.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Uranium Participation Corporation
Ron Hochstein
President and Chief Executive Officer
(416) 979-1991 Ext. 232


Uranium Participation Corporation
James Anderson
Chief Financial Officer
(416) 979-1991 Ext. 372

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