Uranium Participation Corporation Reports Estimated Net Asset Value at August 31, 2017

TORONTO, ONTARIO--(Marketwired - Sept. 6, 2017) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at August 31, 2017 was CAD$388.8 million or CAD$3.22 per share. As at August 31, 2017, UPC's uranium investment portfolio consisted of the following:

(in thousands of Canadian dollars, except quantity amounts)			Quantity	Fair Value
Investments in Uranium:
	Uranium oxide in concentrates ("U3O8")		10,080,024 lbs	$	252,726
	Uranium hexafluoride ("UF6")		1,903,471 KgU	$	134,462
				$	387,188
	U3O8 fair value per pound:
		- In Canadian dollars 1		$	25.07
		- In United States dollars		$	20.00
	UF6 fair value1 per KgU:
		- In Canadian dollars 1		$	70.64
		- In United States dollars		$	56.35
1 Fair values are month-end spot prices published by Ux Consulting Company, LLC, translated at the Bank of Canada's month-end daily exchange rate of $1.2536.

On August 31, 2017, the common shares of UPC closed on the TSX at a value of CAD$3.74, which represents a 16.15% premium to the net asset value of CAD$3.22 per share.