Uranium North Resources Corp.

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Feb 01, 2010: Uranium North Identifies Gold Potential on KAM Pro... (more...)

Jan 12, 2010: Uranium North Identifies 24.62 g/t Gold on its Tas... (more...)

Nov 25, 2009: Uranium North Announces Option Grants (more...)

Nov 18, 2009: Uranium North Featured on CEO Clips on the Biograp... (more...)

Sep 24, 2009: Uranium North Files NI 43-101 Report on Amer Lake... (more...)

Aug 06, 2009: Uranium North Outlines 19.3 Million Pound U3O8 Inf... (more...)

Jun 23, 2009: Uranium North Completes Flow-Through Financing (more...)

Jun 10, 2009: Uranium North Identifies High Priority Targets on ... (more...)

May 28, 2009: Uranium North Announces Financing (more...)

May 27, 2009: Uranium North Completes Phase 1 Drilling at Amer L... (more...)





 January 23, 2008
Uranium North Completes Second Tranche Financing

 VANCOUVER, January 23, 2008 -- Uranium North Resources Corp. (TSX-V: UNR) reports the second tranche of the non-brokered placement announced on December 7, 2007 has closed for proceeds of $308,160. A total of 642,000 units at a purchase price of $0.48 per unit have been issued. Each unit consists of one common share and one-half share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share at a price of $0.60 until January 23, 2009. The aggregate proceeds from this financing total $1,482,960.

Finders' fees of 5% cash and 7% warrants were paid aggregating $12,000 and 35,000 finders' warrants. The finders' warrants are exercisable at $0.60 until January 23, 2009.

All the securities issued hereunder are subject to a four month hold period and may not be traded until May 24, 2008.

Uranium North is a junior mineral exploration company focused on discovery. The company holds 100% interest in projects in the Athabasca, Thelon and Hornby basins. The Amer Lake property hosts a 6.7 million lb historical resource (non NI 43-101 compliant).

ON BEHALF OF THE BOARD OF DIRECTORS



Janice Davies
Corporate Secretary

Uranium North Resources Corp.
Corporate Communications: Heather Kays
Telephone: (604) 484-2212
Facsimile: (604) 484-7143
Website: www.uraniumnorthresources.com
Email: [email protected]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
 
 

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