Scottsdale, Arizona 9/9/2008 2:05:44 AM
News / Finance

Uranium Energy Corp. (URHN.OB) Announces Record High Readings from Ruhuhu Project Field Program

At www.QualityStocks.Net would like to highlight Uranium Hunter Corp. (OTCBB: URHN). The company is a natural resource corporation devoted to the exploration and development of deposits of Uranium and Gold in East Africa. The company website can be found at www.UraniumHunterCorp.com.

 

In the company’s news today,

 

Uranium Energy announced that it has recorded a Geiger-counter reading of 1253 cps at Ruhuhu Target 4, the highest single reading so far. According to the company, the reading was recorded 145 m east of the base line of the trend anomaly.

 

This success is the latest news from the company regarding its ground crew’s efforts to map Target 4 for trenching, pitting and systematic sampling. Uranium Energy said it will continue to inform its shareholders with the latest updates from its field program as they become available.

 

Ghaith Qamheiah, President of Uranium Hunter commented, “While recognizing that we are still in the early phases of our field program, containing our excitement is proving to be difficult. The feeling is that we are on the verge of something big at Ruhuhu, and we, as with many of our shareholders surely, are anxiously awaiting further results.”

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.