More contracts for Dominion project

12 January 2007

sxr Uranium One, 11 January] sxr Uranium One Inc has agreed terms with a number of Western utility customers for further sales contracts for its Dominion uranium project in South Africa. The agreed terms provide for four new contracts with a total sale of 3.2 million pounds U3O8 from Dominion for delivery between 2008 and 2012. Pricing will be market-related at the time of delivery. The sales agreements bring Dominion's contractual position to a total of 4.7 million pounds U3O8, representing some 28% of production between 2008 and 2012. The Dominion project is scheduled to start production in the first quarter of 2007.

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sxr Uranium One