Uranium Participation Corp. announced that Effective January 14, 2016, the Corporation has appointed Mr. David Cates as President and Chief Executive Officer of the Corporation, to replace Ron Hochstein upon his resignation. Mr. Cates is currently the President and CEO of Denison Mines Corp.

and has held various roles with Denison during his tenure with the company. Through his various roles with Denison, Mr. Cates has been involved in numerous aspects of the Corporation, including the Corporation's acquisition of Uranium Limited in 2010, and all of the Corporation's tax and financial planning activities. Mr. Cates is a Chartered Professional Accountant (CPA, CA) and holds a Master in Accounting degree from the University of Waterloo.

Also effective January 14, 2016, Mr. Mac McDonald, Chief Financial Officer of Denison, has been appointed Chief Financial Officer of the Corporation, to replace James Anderson upon his retirement.