Sprott Asset Management Enters Into Agreement With Uranium Participation Corporation to Form the Sprott Physical Uranium Trust - Seite 3

Forward Looking Statements
Certain information set forth in this press release contains “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) under applicable securities laws, including, but not limited to, information relating to the exchange of UPC common shares for Sprott Physical Uranium Trust units; the expected benefits of the transaction, including with respect to global profile, trading liquidity and asset base growth; anticipated timing for the closing of the transaction; the objective to pursue a dual-listing; the satisfaction of closing conditions including, but not limited to, required shareholder approval; necessary court approval in connection with the arrangement, regulatory, securities commission and stock exchange approvals, and other customary conditions to closing, all of which are subject to risks, uncertainties and assumptions. Some of the forward-looking statements may be identified by words such as “will”, “estimates”, “expects” “anticipates”, “believes”, “projects”, “plans”, “capacity”, “hope”, “forecast”, “anticipate”, “could” and similar expressions. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties and assumptions. These risks, uncertainties and assumptions include, but are not limited to: the potential risk that the transaction will not be approved by UPC shareholders; failure to, in a timely manner, or at all, obtain the necessary court and other approvals for the arrangement; failure to receive any required regulatory, securities commission or stock exchange approvals; failure of the parties to otherwise satisfy the conditions to complete the arrangement; the possibility that the UPC board could receive an acquisition proposal and approve a superior proposal; the effect of the announcement of the transaction on UPC’s strategic relationships, operating results and business generally; significant transaction costs; and other customary risks associated with transactions of this nature. As a consequence, actual results in the future may differ materially from any forward-looking statement, forecast or projection, whether expressed or implied. Therefore, forward-looking statements should be considered carefully and undue reliance should not be placed on them. Please note that forward-looking statements in this news release reflect expectations as of the date hereof, and thus are subject to change thereafter. Sprott disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Factors that could cause anticipated opportunities and actual results to differ materially include, but are not limited to, matters referred to above and those matters identified in the Risk Factors section and elsewhere in the most recent annual information form and annual MD&A of each of Sprott and UPC, which are available under their respective profiles on SEDAR at www.sedar.com and, in the case of Sprott, EDGAR at www.sec.gov.