Uranium One Announces Closing Date for Going Private Transaction

TORONTO, Sept. 25, 2013 /CNW/ - Uranium One Inc. (the "Corporation") today 
announced that all required regulatory approvals have now been received to 
complete the arrangement agreement between the Corporation, JSC 
Atomredmetzoloto ("ARMZ") and its affiliate Uranium One Holding N.V. (formerly 
Effective Energy N.V.) under which Uranium One Holding will acquire all of the 
common shares of Uranium One that it and its affiliates do not already own for 
cash consideration of C$2.86 per share. Closing of the transaction is now 
scheduled to take place on Friday, October 18, 2013. 
The transaction was approved on March 7, 2013 at a special meeting of the 
Corporation's common shareholders and optionholders and has received all 
required court approvals. Within 30 days of completion of the transaction, 
Uranium One will make an offer to purchase the $259,985,000 aggregate 
principal amount of its convertible unsecured subordinated debentures due 
March 13, 2015 as required by the terms of the debentures. 
About Uranium One 
Uranium One is one of the world's largest uranium producers with a globally 
diversified portfolio of assets located in Kazakhstan, the United States, 
Australia and Tanzania. ARMZ and its affiliates are Uranium One's largest 
shareholder, owning approximately 492.2 million (approximately 51.4% of the 
outstanding) common shares of Uranium One. 
Cautionary Statement 
No stock exchange, securities commission or other regulatory authority has 
approved or disapproved the information contained herein. 
Forward-looking statements: 
This press release contains "forward-looking statements" within the meaning of 
applicable securities laws that are intended to be covered by the safe 
harbours created by those laws, including statements that use forward-looking 
terminology such as "may", "will", "expect", "anticipate", "believe", 
"continue", "potential", or the negative thereof or other variations thereof 
or comparable terminology. Such forward-looking statements may include, 
without limitation, statements regarding the completion of the proposed 
transaction and other statements that are not historical facts. While such 
forward-looking statements are expressed by Uranium One, as stated in this 
release, in good faith and believed by Uranium One to have a reasonable basis, 
they are subject to important risks and uncertainties including, without 
limitation, the satisfaction or waiver of certain other conditions 
contemplated by the arrangement agreement, and changes in applicable laws or 
regulations, which could cause actual results to differ materially from future 
results expressed, projected or implied by the forward-looking statements. As 
a result of these risks and uncertainties, the proposed transaction could be 
modified, restructured or not be completed, and the results or events 
predicted in these forward-looking statements may differ materially from 
actual results or events. These forward-looking statements are not guarantees 
of future performance, given that they involve risks and uncertainties. 
Uranium One is not affirming or adopting any statements made by any other 
person in respect of the proposed transaction and expressly 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 in 
accordance with applicable securities or to comment on expectations of, or 
statements made by any other person in respect of the proposed transaction. 
Investors should not assume that any lack of update to a previously issued 
forward-looking statement constitutes a reaffirmation of that statement. 
Reliance on forward-looking statements is at investors' own risk. 
For further information about Uranium One, please visit www.uranium1.com.

SOURCE  Uranium One Inc. 
Chris Sattler Chief Executive Officer Tel: +1 647 788 8500 
Anton Jivov Vice President, Corporate Affairs Tel: +1 647 788 8461 
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CO: Uranium One Inc.
ST: Ontario
-0- Sep/25/2013 22:51 GMT
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