Uranium One Completes Offer to Repurchase Convertible Debentures

TORONTO, Jan. 2, 2014 /CNW/ - Uranium One Inc. ("Uranium One") today announced 
that it has completed the repurchase of C$227,461,000 of the aggregate 
principal amount of its convertible unsecured subordinated debentures due 
March 13, 2015 (the "Debentures"), representing 87.49% of the outstanding 
aggregate principal amount of the Debentures, pursuant to its offer to 
repurchase the Debentures announced on November 15, 2013. The repurchased 
Debentures have been cancelled. 
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. ROSATOM State Atomic Energy Corporation, through its 
affiliates, owns 100% 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 
repurchase of debentures 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 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 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 repurchase 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- Jan/02/2014 22:06 GMT
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