Business & Finance
Business and Finance
Business and Finance 
Wed, November 11, 2009
Tue, November 10, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2009) - UC Resources Ltd. (TSX VENTURE:UC) would like to announce that the board of directors of the Company has elected to adopt a shareholder rights plan that will be presented for ratification by the shareholders of the Company at the Company's annual general meeting to be held on December 17, 2009.
The shareholder rights plan has been adopted to ensure the fair treatment of all shareholders with respect to any takeover bid for the common shares of the Company. It is designed to provide shareholders with sufficient time to properly consider a takeover bid without undue time constraints. In addition, it will provide the board with additional time for review and consideration of an unsolicited takeover bid and, if necessary, for the consideration of alternatives.
This rights plan is not being adopted in response to any proposal to acquire control of the Company.
BY ORDER OF THE BOARD OF DIRECTORS OF UC RESOURCES LTD.
Jim Voisin, Chief Executive Officer
We seek safe harbour.
Investors are invited to visit the UC Resources IR Hub at [ http://www.agoracom.com/ir/UCResources ] where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to [ UC@agoracom.com ] where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.