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U3O8 Corp announces appointment of many board members
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Wednesday, 31 Aug 2011
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U3O8 Corp, a Canadian based company focused on exploration and resource expansion of uranium and associated commodities in South America, has announced the appointment of Mr Gabriel Bastias to VP of Exploration, Mr Elpidio Reis to COO and Mr Hugo Bastias to EVP.

Dr Richard Spencer president & CEO of U3O8 Corp said that "We are delighted to have Mr Gabriel, Mr Elpidio and Mr Hugo take on key roles to advance our projects through exploration to resource definition and to subsequent reserve estimation, scoping and feasibility studies. Mr Gabriel brings technical experience to execute on our aggressive exploration programs in Colombia, Guyana and Argentina. With our plans for rapid resource growth this year, Mr Elpidio's expertise will help position the Berlin Project in Colombia and the Kurupung Project in Guyana for scoping studies and, in addition, he is tasked with refining the beneficiation process on the low-grade Laguna Salada Project in Argentina. Mr Hugo's leadership in establishing and maintaining support from local communities and developing positive government relations will continue to be key priorities to ensure that our projects continue on a path of excellent social and environmental stewardship."

In association with these appointments, an aggregate of 370,000 stock options have been granted pursuant to the company's stock option plan at an exercise price of USD 0.26 per share. The options will expire on August 24th 2016.

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