Uracan Resources CEO, Mr. Gregg Sedun will be a guest on Steve Crowley's American Scene Financial Talk Radio. The show times are as follows:

Tuesday, April 6, 2010 at 11:24 AM EST

Thursday, April 8, 2010 at 9:34 AM EST

To listen in please click on the link below:

http://216.139.243.10/MoneyChannel01

American Scene Radio is one of the most successful, national, financial talk-radio programs in America. "Steve Crowley's American Scene" was launched from the Disney/MGM Radio Studios at Walt Disney World in June 1990 and attracts a larger and larger radio audience each month coast to coast.

Today it brings in 3,000,000 listeners per day on broadcast radio through Business Talk Radio Network affiliate, plus it’s huge listening audience on the Internet worldwide. This is the primary destination for Steve Crowley's insights and advice in the financial world, plus Steve interviews all the top experts, analysts, money managers and authors covering stocks, investments, business and more.

All shows are produced with an entertaining flair that translates to unique and interactive talk radio.

Regards,
AGORACOM

Uracan Resources Ltd. is a publicly-listed uranium exploration company, exploring for shallow, bulk tonnage style uranium mineralization in Canada. Uracan is led by a team of proven exploration and mine entrepreneurs and mine-builders.

Investors are invited to visit the Uracan Resources IR Hub athttp://agoracom.com/ir/UracanResources 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 URC@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.

    
    ON BEHALF OF URACAN RESOURCES LTD.

    "Gregg Sedun"
    Chairman & CEO  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Uracan Resources Ltd.

Gregg J. Sedun, Chairman & CEO, (604) 682-5580; David Fry, Corporate Development,
(778) 330-2759; Keith Schaefer, Vanguard Shareholder Solutions, (604) 608-0824; Marc
Simpson, Exploration Manager, (604) 682-5580

Click here to view a compelling 36 page industry report on Uranium.

Regards,
AGORACOM

This winter drill program is designed to follow-up channel sampling results that were previously reported by the Company on November 25, 2009 and is intended to further define mineralization potential in the vicinity of Uracan's trenching in the Costebelle claims.

The 2009 results included 12 meters grading 0.123% (1,233 ppm or 2.47 lbs/t) U3O8 (A4 Zone) and 6.5 meters of 0.074% (735 ppm or 1.47 lbs/t) U3O8 (H3 Zone) in saw channel samples. The mineralized zones at Costebelle are generally open in all directions as channel sampling was limited to areas of existing outcrop exposure, with shallow overburden cover overlaying large areas of the targeted airborne anomalies.

Double S Resource Estimate

Work is well underway to update the resource at Double S, Middle and TJ Zones which are host to an NI 43-101 compliant inferred resource of approximately 154.9 million tonnes at an average grade of 0.012% U3O8 containing 18.48 million kilograms (40.73 million pounds) of U3O8 at a 0.009% cutoff. The Double S portion of this resource will be updated based on the results from the 2009 drilling program in this area. The resource estimate calculation is being conducted by SRK Consulting and a revised NI-43-101 compliant inferred resource is expected to be released later in Q/1, 2010.

Uracan Resources Ltd. is a publicly-listed uranium exploration company, exploring for shallow, bulk tonnage style uranium mineralization in Canada. Uracan is led by a team of proven exploration and mine entrepreneurs and mine-builders. The information in this news release has been prepared and reviewed by Marc Simpson, P. Geo., the Company's Qualified Person under National Instrument 43-101 standards.

Investors are invited to visit the Uracan Resources IR Hub at http://agoracom.com/ir/UracanResources 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 URC@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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The foregoing information may contain forward-looking information relating to the future performance of the Company. Forward looking information is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Such risks and other factors include, among others, the actual results of exploration activities, changes in world commodity markets or equity markets, the risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes, change in government and changes to regulations affecting the mining industry, and other risks and uncertainties detailed from time to time in the Company's filings with the Canadian securities administrators (available at www.SEDAR.com ). Forward-looking statements are made based on various assumptions and on management's beliefs, estimates and opinions on the date the statements are made. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information contained herein. The Company undertakes no obligation to update forward-looking statements if these assumptions, beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

Gregg J. Sedun, Chairman & CEO, (604) 682-5580; David Fry, Corporate Development,

(778) 330-2759; Keith Schaefer, Vanguard Shareholder Solutions, (604) 608-0824; Marc

Simpson, Exploration Manager, (604) 682-5580

TSX-V: URC

VANCOUVER, Jan. 13 /CNW/ - Uracan Resources Ltd. (the "Company") is pleased to report on assay results from the last 6 drill holes from the 15 drill hole program completed during its Summer 2009 diamond drill program at its 100% owned North Shore Project inQuebec . These assay results continue to prove the successful expansion of the Double S Zone along strike in the southeast. Overall size of the Double S zone has increased to 1.5 kilometres in length and up to 750 meters in width and the zone still remains open in all directions.

Uranium mineralization on the property continues to occur as broad multiple stacked mineralized zones hosted by granites and pegmatites, with significant drilled widths ranging from 9.0 meters grading 213 ppm (0.021%) U3O8 to 52.5 meters grading 110 ppm (0.011%) U3O8.

Double S Drilling

A total of 4,181.3 meters in 15 diamond drill holes was completed from June to September of 2009. Surfactant's summer drilling objective was achieved by expanding the Double S zone mineralization to the southeast. Of the remaining drill holes, all have intercepted significant mineralization. These include:

    <<
    -   52.5 meters of 111 ppm U3O8 (0.011%) in SS-09-102
    -   29.5 meters of 134 ppm U3O8 (0.013%) in SS-09-99
    -   26.0 meters of 127 ppm U3O8 (0.013%) in SS-09-101
    -   22.6 meters of 128 ppm U3O8 (0.013%) in SS-09-97
    >>

A summary of selected mineralized zones from the returned assays is included below:

    <<
    -------------------------------------------------------------------------
       Area      Drill Hole   From (m)  To (m)  Length (m)  U3O8 %  U3O8 ppm
    -------------------------------------------------------------------------
     Double S     SS-09-96      95.9    103.2      7.3       0.018     176
    -------------------------------------------------------------------------
     Double S     SS-09-97     261.5    272.0     10.5       0.013     131
    -------------------------------------------------------------------------
     Double S     SS-09-97     286.2    308.8     22.6       0.013     128
    -------------------------------------------------------------------------
     Double S     SS-09-98     163.2    172.2      9.0       0.021     213
    -------------------------------------------------------------------------
     Double S     SS-09-99     233.5    263.0     29.5       0.013     134
    -------------------------------------------------------------------------
     Double S     SS-09-100     62.4     77.5     15.1       0.019     191
    -------------------------------------------------------------------------
     Double S     SS-09-100    103.2    117.4     14.3       0.017     172
    -------------------------------------------------------------------------
     Double S     SS-09-100    173.4    183.2      9.9       0.016     156
    -------------------------------------------------------------------------
     Double S     SS-09-101    173.3    182.3      9.0       0.011     110
    -------------------------------------------------------------------------
     Double S     SS-09-101    192.8    218.8     26.0       0.013     127
    -------------------------------------------------------------------------
     Double S     SS-09-102    118.9    171.4     52.5       0.011     111
    -------------------------------------------------------------------------
    >>

A map showing the Double S drill hole locations can be found at http://www.uracan.ca/i/maps/DoubleS-10k-geology.pdf. Drill hole coordinates and a complete listing of assay results will be posted on Surfactant's updated website: www.uracan.ca.

An updated NI 43-101 compliant resource estimate, based on the new drilling completed in 2009, will be compiled later in Q1/10.

QA/QC

Samples were shipped by Company personnel in sealed containers to Chemex Laboratories of Val D'Or, Quebec for analysis. Chemex is the laboratory facility used for all assays from the North Shore Property program. Samples are weighed and catalogued before sample preparation. The samples are crushed to 70% less than 2mm, split and then pulverized to 85% of the sample being less than 75 (micro)m. All samples are assayed using ICP-MS with analysis completed for 47 elements.

A QA/QC program was implemented as part of the sampling procedure for the drill program. Field duplicates, field blanks and certified standards were inserted into the sample stream with at least one blank, one duplicate and one standard inserted per group of 40 samples sent to the laboratory. The laboratory also has an extensive in house QA/QC system as part of their quality control system.

Uracan Resources Ltd. is a publicly-listed uranium exploration company, exploring for shallow, bulk tonnage style uranium mineralization inCanada . Uracan is led by a team of proven exploration and mine entrepreneurs and mine-builders. The information in this news release has been prepared and reviewed byMarc Simpson, P. Geo., the Company's Qualified Person under National Instrument 43-101 standards.

Investors are invited to visit the Uracan Resources IR Hub at http://agoracom.com/ir/UracanResources 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 toURC@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.

Neither TX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of the Company. Forward looking information is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Such risks and other factors include, among others, the actual results of exploration activities, changes in world commodity markets or equity markets, the risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes, change in government and changes to regulations affecting the mining industry, and other risks and uncertainties detailed from time to time in the Company's filings with the Canadian securities administrators (available atwww.SEDAR.com ). Forward-looking statements are made based on various assumptions and on management's beliefs, estimates and opinions on the date the statements are made. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information contained herein. The Company undertakes no obligation to update forward-looking statements if these assumptions, beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

For further information: Gregg J. Sedun, Chairman & CEO, (604) 682-5580; Keith Schaefer, Vanguard Shareholder Solutions, (604) 608-0824; David Fry, Corporate Development, (778) 330-2759; Marc Simpson, Exploration Manager, (604) 682-5580

This summer program was designed to map, sample and explore areas of the granitic intrusion that had not received as much attention in the past. It was also a priority to continue mapping and sampling in locations of known uranium occurrences like Double S.

The 2009 Summer Exploration program on the TLIC consisted of a combination of mapping, scintillometer surveys and rock saw channel sampling in addition to the ongoing exploration drill program on the property. A total of 42 channels containing 376 samples were taken in seven separate zones throughout the TLIC. The results of two of these zones, the Grandroy and Turgeon zones were previously released on August 26th and September 29th, 2009. Those highlights included 20 meters grading 0.174% (1,740 ppm or 3.48 lbs/t) U3O8 at Grandroy. Uranium mineralization on the property continues to be hosted by granites and pegmatites. The mineralized zones at TLIC are generally open in all directions as channel sampling was limited to areas of outcrop exposure, with overburden cover overlaying large areas of the targeted airborne anomalies.

MB Zone

The MB zone is a new zone covering the triangular area located between the Double S and TJ zones immediately north of Middle Zone. It is approximately 1,500 meters in length north to south by 800 meters east to west.

This area is cradled between the zones (Double S, Middle and TJ) that are host to the previously announced NI 43-101 compliant inferred resource of approximately 154.9 million tonnes at an average grade of 0.012% U3O8 containing 18.48 million kilograms (40.73 million pounds) of U3O8 at a 0.009% cutoff.

This area had not been previously explored in great detail either by historic operators or by Uracan. This summer's mapping identified numerous outcrops dominated by pegmatite and granite with occasional smoky quartz veins. Channel assay results reveal numerous anomalous showings such as 0.176% (1,762 ppm or 3.52 lbs/t) U3O8 over 4 meters containing a sub-interval of 0.599% (5,989 ppm or 11.98 lbs/t) U3O8 over 1 meter. See Table 1 below for further results.

    Table 1: Selected MB Zone Channel Assay Results

    -------------------------------------------------------------------------
                     Average grade  Average grade
    Zone    Channel      U3O8%         U3O8 ppm     Length (m)    Comments
    -------------------------------------------------------------------------
                                                               new area -
                                                               between Double
                                                               S and TJ Zones
                                                               - N of Middle
    MB      MB-3             0.054            544           3  Zone
    -------------------------------------------------------------------------
                                                               new area -
                                                               between Double
    MB      MB-8             0.298           2983           1  S and TJ Zones
    -------------------------------------------------------------------------
                                                               new area - NE
    MB      MB-9             0.058            585           3  of Double S
    -------------------------------------------------------------------------
                                                               new area - NE
    MB      MB-9             0.032            322           4  of Double S
    -------------------------------------------------------------------------
                                                               includes 1m
    MB      MB-10            0.176           1762           4  @ 5989ppm
                                                               U3O8
    -------------------------------------------------------------------------

Chan Zone

The Chan zone is northwest and adjacent to the TJ zone. It is approximately 1,200 meters (1.2 km) by 1,500 meters (1.5 km) in overall area. It has had a total of 9 drill holes completed on it during the Winter 2008 drilling program (see news release June 17, 2008).

Mapping and channelling of the granitic and pegmatitic outcrops in the outer regions of the Chan Zone not previously mapped and sampled revealed numerous anomalous sections including 0.139% (1,389 ppm or 2.78 lbs/t) U3O8 over 2 meters. Selected channel results are presented in Table 2 below.

    Table 2: Selected Chan Zone Channel Assay Results
    -------------------------------------------------------------------------
                     Average grade  Average grade
    Zone    Channel      U3O8%         U3O8 ppm     Length (m)    Comments
    -------------------------------------------------------------------------
                                                               North of main
    Chan    CH-01            0.024            240          12  Chan zone
    -------------------------------------------------------------------------
                                                               North of main
    Chan    CH-02            0.120           1203           1  Chan zone
    -------------------------------------------------------------------------
                                                               NE of main
    Chan    CH-03            0.072            720           3  Chan zone
    -------------------------------------------------------------------------
                                                               NE of main
    Chan    CH-04            0.033            330          12  Chan zone
    -------------------------------------------------------------------------
                                                               NE of main
    Chan    CH-05            0.053            529           6  Chan zone
    -------------------------------------------------------------------------
                                                               NE of main
    Chan    CH-06            0.032            324           6  Chan zone
    -------------------------------------------------------------------------
                                                               NE of main
    Chan    CH-07            0.139           1389           2  Chan zone
    -------------------------------------------------------------------------

Double S Zone

Mapping and sampling in the Double S zone occurred both in the main zone as well as on the periphery to the east and north of the main zone beyond the currently defined inferred resource area. Sample SS-2 was taken approximately 800 meters north east of the main Double S zone and returned values grading 0.03% (262 ppm or 0.6 lbs/t) U3O8 over 7 meters. Sampling along strike with the main Double S zone but 800 meters to the northwest revealed assay values of up to 0.052% (519 ppm or 1.04 lbs/t) U3O8 over 4 meters. Selected channel results are presented in Table 3 below.

    Table 3: Selected Double S Zone Channel Assay Results
    -------------------------------------------------------------------------
                     Average grade  Average grade
    Zone    Channel      U3O8%         U3O8 ppm     Length (m)    Comments
    -------------------------------------------------------------------------
                                                               East of Double
    Double                                                     S, off main
    S       SS-2             0.026            262           7  zone trend
    -------------------------------------------------------------------------
                                                               may connect
                                                               with SS-11 -
                                                               broad topo low
                                                               btwn sample
    Double                                                     areas - NNE of
    S       SS-10            0.052            519           4  Double S
    -------------------------------------------------------------------------
                                                               may connect
                                                               with SS-10 -
                                                               broad topo low
                                                               btwn sample
    Double                                                     areas - NNE of
    S       SS-11            0.030            303           4  Double S
    -------------------------------------------------------------------------
    Double                                                     North of main
    S       SS-12            0.026            263           5  zone trend
    -------------------------------------------------------------------------

AH Zone

AH zone is a triangular area, northwest and adjacent to the Chan Zone, and is approximately 1,000 meters in length by 1,200 meters at the base. Mapping and sampling in the AH zone tested a 300 m wide radiometric anomaly that stretches 900 meters to the northwest through the middle of the AH zone. Channel sampling on the northwest end of the radiometric anomaly revealed mineralized pegmatite and granite bodies grading up to 0.049% (487 ppm or 0.97 lbs/t) U3O8 over 14 meters. This radiometric anomaly was also sampled at its southern extent by the Chan zone channel CH-02 and returned 0.12% (1,203 ppm or 2.4 lbs/t) U3O8 over 1 meter as well as channel CH-03 returned values of 0.072% (720 ppm or 1.44 lbs/t) U3O8 over 3 meters.

    Table 4: Selected AH Zone Channel Assay Results
    -------------------------------------------------------------------------
                     Average grade  Average grade
    Zone    Channel      U3O8%         U3O8 ppm     Length (m)    Comments
    -------------------------------------------------------------------------
                                                               new area North
                                                               of Chan
    AH      AH-01            0.049            487          14  drilling
    -------------------------------------------------------------------------

Middle Zone

Mapping and sampling in the Middle zone was limited due to time constraints as it was mapped at the end of the field season. A single channel grading 0.053% (529 ppm or 1.06 lbs/t) U3O8 over 12 meters was cut in outcrop approximately 1,200 meters south of the main Middle zone. This channel cut was made in the southern portion of a 300 m wide radiometric anomaly that stretches 2,000 meters to the northwest and parallel to the Middle Zone Inferred Resource area. No other sampling was completed on this area prior to the end of the 2009 summer work program.

    Table 5: Selected Middle Zone Channel Assay Results
    -------------------------------------------------------------------------
                     Average grade  Average grade
    Zone    Channel      U3O8%         U3O8 ppm     Length (m)    Comments
    -------------------------------------------------------------------------
    Middle                                                     south of main
    Zone    MZ-01            0.053            529          12  Middle Zone
    -------------------------------------------------------------------------

Program Review

When all zones are viewed together, they cover an area approximately 6,500 meters by 2,000 meters oriented in a northwest to southeast trend. This area continues to show real promise as surface sampling and mapping outside of the main drilled zones and resource areas continue to provide significant results.

Uracan continues to analyse its findings and is developing an exploration plan for the coming year that will continue to address the vast potential of the region. A significant number of radiometric anomalies remain to be mapped and sampled. Maps detailing the results from the zones discussed above will be put on the Uracan websitewww.uracan.ca in the near future.

QA/QC

Channel samples were collected across areas of interest marked by geological personnel using rock saws to cut channels in the bedrock. Channel sample intervals were generally 1 meter lengths while grab samples were also collected at specific locations by geological field personnel. All sample locations were marked in the field with hand held GPS units. The samples were shipped by Company personnel in sealed containers to ALS Chemex Laboratories of Val D'Or, Quebec for analysis using standard analytical techniques for the samples. ALS Chemex is the laboratory facility used for all assays from the North Shore Property program.

Uracan Resources Ltd. is an advanced stage uranium exploration company, exploring for shallow, bulk tonnage style uranium mineralization in Canada. Uracan is led by a team of proven exploration and mine entrepreneurs and mine-builders. The information in this news release has been prepared and reviewed by Marc Simpson, P. Geo., the Company's Qualified Person under National Instrument 43-101 standards.

Investors are invited to visit the Uracan Resources IR Hub at http://agoracom.com/ir/UracanResources 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 URC@agoracom.com to 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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking information relating to the future performance of the Company. Forward looking information is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Such risks and other factors include, among others, the actual results of exploration activities, changes in world commodity markets or equity markets, the risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes, change in government and changes to regulations affecting the mining industry, and other risks and uncertainties detailed from time to time in the Company's filings with the Canadian securities administrators (available at www.SEDAR.com ). Forward-looking statements are made based on various assumptions and on management's beliefs, estimates and opinions on the date the statements are made. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information contained herein. The Company undertakes no obligation to update forward-looking statements if these assumptions, beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.

Thank-you for attending the Uracan Resources presentation at the AGORACOM Online Gold & Commodities Conference. This presentation will be live as of Thursday, December 3^rd at 8:30 AM EST.

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Please click on the slide below to view our presentation, which will launch in a new browser window.In case the main presentation is slow due to high traffic, AGORACOM has created a secondary link that can be found below the presentation slide.

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For a quick tutorial on how to post questions and comments, as well as, use this HUB, please watch this short demonstration video.

Existing AGORACOM members can simply log in with their existing credentials. However, we kindly ask that you check-off your attendance at the conference by clicking on the green registration box here.

MEETING MANAGEMENT

Company officials will be online at the following specific times to post answers to your questions.

Thursday, December 3rd: 11:30 AM EST
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If you post questions outside of these scheduled times, please check back in a few hours to view responses from the company. Additional company information can be found using the vertical menu in the top left-hand margin of this page.

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VANCOUVER, BRITISH COLUMBIA, Dec 1, 2009 -- Uracan Resources Ltd. (URC) is pleased to announce it has been invited to present in the first ever AGORACOM Online Gold & Commodities Conference on December 3rd and 4th, 2009. Presenting companies are limited to a maximum of 50 and selected by invitation only in order to maintain a high standard of quality for attending investors. Presenting companies will be active in industries that include precious metals, base metals, rare metals, oil & gas and clean energy technologies.

CONFERENCE DETAILS

WHERE: Online - http://agoracom.com/conferences

WHEN: December 3rd and 4th, 2009

PRESENTATION: Please see schedule for our exact presentation time on each day

REGISTRATION: Investors Register for free using form in right hand column of any page

FORMAT: 15-minute presentation followed by live Q&A in monitored HUB

TECH REQUIRED: Your web browser

INVESTORS FROM MORE THAN 20 COUNTRIES EXPECTED TO ATTEND

The Company extends an invitation to all of its shareholders and prospective shareholders to view our presentation and attend the event. The online nature of the conference will allow investors, both retail and institutional, to connect with small and mid-cap resource companies faster, better and cheaper thanks to the elimination of all travel, lodging and time away from work.

Presenting companies, investors and keynote speakers will all participate from the comfort of their offices and homes, resulting in a conference comprised of a global audience vs. a local audience. AGORACOM anticipates investors from more than 20 countries will participate.

KEYNOTE SPEAKERS

Keynote presenters at the conference include some of the most accomplished industry speakers and financial bloggers in the world:

- Peter Grandich, Chief Commentator, AGORACOM.com

- Eric Coffin, Co-Producer of The Hard Rock Analyst

- Barry Ritholtz, Author Of The Big Picture, Rated The Web's #1 Financial Blog

- Paul Kedrosky, Author Of Infectious Greed, Rated The Web's #2 Financial Blog

- Jean-Francois Tardif, 2007 Best Canadian Hedge Fund Manager

- Gregor Macdonald, The Top Ranked Energy Analyst On StockTwits Blog Network

George Tsiolis, Founder of AGORACOM, stated "Participating companies are truly pioneers for having the vision to see that online conferences bring together the brightest investing minds from around the world. If they have this kind of vision when it comes to meeting investors, you should come hear their vision for the future of their own companies."

Official Conference Blog: http://blog.agoracom.com

Official Conference Twitter: http://twitter.com/agoracom

About Uracan Resources Ltd.

Uracan Resources Ltd., (URC), is in the business of exploring and developing bulk tonnage, near-surface uranium deposits with its two 100%-owned Canadian projects. With only 40 of 1000 square km explored on the Quebec property, Uracan has discovered over 40.7 million lbs. U3O8 since 2006. The 2009 Drilling and Exploration Program produced significant results especially from the Grandroy zone. The project has excellent infrastructure with provincial highways running through the property, inexpensive hydro power, and deep sea port access. In 2008, Quebec was voted the "Best Mining Jurisdiction in the World" by the Fraser Institute Mining Survey.

Founded in 2006 by a highly experienced and successful management team, Uracan is combining the extensive industry expertise with the financial acumen of Endeavour Financial and some of the most successful mining venture capitalists in North America to develop world class, open pit uranium mines in Canada.

Contact Information:

Gregg J. Sedun
Chairman & CEO
604-682-5580

David Fry
Corporate Development
778-330-2759

Uranium's appeal was as a maturing commodity, one reaching the stage at which it had become attractive not just to countries with military ambitions, but also to energy traders with one eye on the growing global demand for new reactors.

Less than a decade ago, nuclear was a dead industry. The United States, Germany, the U.K., Russia and even the atomic bandleader France had no intention of building more plants. Since the end of the Cold War, the word was nonproliferation, while disasters at Chernobyl in Belarus and Three Mile Island in the United States did nothing to promote nuclear as a safe fuel. Very few bothered to go digging in uranium-rich areas from Kazakhstan to Mongolia and the price of uranium hovered around US$7 per pound in 2002.

At that time, the market was dominated purely by long-term contracts for physical delivery between miners and the nuclear power industry or governments.

But between 2003 and 2007, as Asian countries from China to India started looking into new nuclear plants, prices rose by 17 times.

The extraordinary bull run, fuelled by a new global enthusiasm for nuclear energy, ultimately ended in misery for Lehman and other investment banks dabbling in the energy market as the bubble burst.

But might now be the time to pile back into the toxic commodity as even more countries prepare to declare a return to nuclear energy?

Even the firmest national sceptics, such as Germany, appear to have been won over in recent months by the environmental argument for nuclear's low-carbon generation ahead of next month's Copenhagen climate-change conference.

The world has more than 400 reactors, many due for imminent decommissioning, but the World Nuclear Association can see hundreds more being built in order to help fight global warming.

China wants to build more than 40 reactors, the United States is planning 34, Russia would like to make 42 and there has been a sharp resurgence in interest among most European countries.

As a consequence of returning interest in the industry, Scott Lawrence, head of nuclear fuel at brokerage MF Global, says he has seen a free global market for uranium begin to emerge over the past 18 months.

"The dynamics of the market have been changing," he says. "Uranium is becoming a lot more commoditized and the market has liberalized. We have gone from a monthly price to a weekly price over the last 18 months and then over the last three months moved to a daily price.

"Daily pricing in itself is demonstrating an increase in the amount of liquidity and we are seeing the birth of a forward curve. This is partly due to interest in uranium coming from a generic renaissance in the nuclear industry. Buyers increasingly want to manage price risk as you would with the natural evolution of any commodity."

What could support prices even further is the fear that the world's uranium resources might not be as plentiful as the World Nuclear Association predicts — an optimistic 83 years of reserves. Michael Dittmar, from the Swiss Federal Institute of Technology in Zurich, last week published a report claiming that without more access to military stockpiles, Western uranium supplies are likely to be exhausted by 2013.

The world's nuclear plants today use 65,000 tons of uranium each year, with about two-thirds coming from mines and the rest from secondary sources such as reprocessed fuel and re-enriched uranium previously earmarked for warheads.

Many analysts are unconvinced by this analysis, claiming an almost limitless supply of uranium if miners make the effort to find it, but huge investment will be needed to extract and process it into a useable form.

This year alone, spending on uranium exploration is down 20% from 2008. The big producers, such as Saskatoon-based Cameco Corp. and Energy Resources of Australia Ltd. have been hit both by flooding at their key mines and a lower uranium price on weak demand for electricity during the recession.

There are other supply risks. If global production is to be increased, the world will have to start relying on the politically uncertain regions of Niger, Namibia and Kazakhstan. Nuclear may be the most reliable form of low-carbon generation, providing a more stable source than wind or hydro power and less carbon dioxide than fossil fuels, but the world's biggest uranium exporters will not be able to provide all of the world's extra supplies.

It may be relatively cheap for now but plentiful and accessible uranium in the long-term would be too good for global energy security to be true — the nuclear equivalent of having your yellowcake and eating it.

Full Story

To listen to the shows from the week of November 1, 2009 which featured Gregg Sedun from Uracan please click on the links below.

November 11, 2009 Show

November 13, 2009 Show

Regards,
AGORACOM

The proceeds will be used to continue development of the Company's Quebec and Saskatchewan properties, and for working capital. No finder's fees were paid in connection with the placement. The securities issued in connection with the private placement are subject to a four month hold period expiring on March 14, 2009.

Investors are invited to visit the Uracan Resources IR Hub at http://agoracom.com/ir/UracanResources 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 URC@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. They can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking statements relating to the future performance of Uracan Resources Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions.

Gregg J. Sedun, President & CEO, (604) 682-5580; David Fry, Corporate

Development, (778) 330-2759; Keith Schaefer, Vanguard Shareholder Solutions, (604)

608-0824; Marc Simpson, Exploration Manager, (604) 682-5580

Dear URC Investors,

To view the latest Junior Mining Report and it's write-up of the Uranium market please click on the link below.

JUNIOR MINING WEEKLY - URANIUM

Regards,
AGORACOM

VANCOUVER, Oct. 30 - Uracan Resources Ltd has increased the size of its previously announced private placement to 16,700,000 units for gross proceeds of $5,010,000. The private placement remains the same in all other respects. Each unit consists of one share and one half of a warrant, exercisable for a period of 18 months at $0.50 per share.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking statements relating to the future performance of Uracan Resources Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions.

For further information: Gregg J. Sedun, President & CEO, (604) 682-5580; David Fry, Corporate Development, (778) 330-2759; Keith Schaefer, Vanguard Shareholder Solutions, (604) 608-0824; Marc Simpson, Exploration Manager, (604) 682-5580

• ByGregg Greenberg, TheStreet.com Staff Reporter
• On 5:00 am EDT, Tuesday October 20, 2009

Malcolm Gissen, co-manager of the Encompass Fund, says uranium is poised to become the hottest commodity and gold will continue to hit new highs.

The mutual fund has soared 97% this year, better than 99% of its Morningstar small-cap growth-style peers. Over the past year, the Encompass Fund is up 40%, also in the top 1% of its class.

Welcome to TheStreet.com's Fund Manager Five Spot, where America's top mutual fund managers give their views and stock picks in five questions.

Are you bullish or bearish?

Gissen: We are cautious bulls. We see a world economy that has already improved substantially this year, especially in emerging markets. The U.S. economy also appears to be on the threshold of a recovery as evidenced by improving corporate earnings, increased merger and acquisitions activities, and both debt and equity raises of large amounts of money. We believe these upward trends should continue to move the equity markets in an upward direction. However, the obvious problems with unemployment, bad mortgages, and deficit spending at both federal and local levels are what make us cautious bulls.

What is your top stock pick?

Gissen: Uranium Energy Corp. has a good chance of becoming America's next producer of uranium. We anticipate that within the next few months, the company will get their final permits to mine uranium in southern Texas and be in production by the end of next year. Why is this important? Uranium is a key component of nuclear-based energy production, which is growing in popularity as an alternative to using fossil fuels. We think uranium prices are headed higher -- demand has been outstripping supply for the past five to 10 years.

What is your best "sleeper" stock pick?

Gissen: Most of our stock picks are beneath the radar, so here are two: L&L International Holdings owns companies in Asia that mine coal and supply it to China, which has an insatiable appetite for coal as an energy source. L&L is a U.S. company that meets all SEC guidelines in terms of transparency and reporting. It is well-respected in the Chinese coal industry because of its commitments to worker safety and the environment. L&L is expanding by buying coal-related companies. Revenue and net income are both growing rapidly, and we expect that performance to continue.

Delcath Systems is the other. Delcath is a health-care company that has developed novel techniques for fighting cancer. The company is in Phase III clinical trials for a drug-delivery system that is capable of transmitting chemotherapy drugs directly to a particular body organ for maximum efficiency. EU approval is expected next summer and FDA approval by the end of 2010.

What is your favorite sector?

Gissen: Gold! Yes, we know it's at an all-time high. But we believe previous highs are irrelevant for four primary reasons.

Demand continues to increase: As China and India, societies that value gold, develop greater personal wealth, there should be increased consumption of gold for jewelry and even as a currency. As investors have sought to invest in gold, investment companies have created gold ETFs, and they have attracted far more money than even their sponsors anticipated. These ETFs buy and store gold bullion, now well into the billions of dollars' worth. This has created a new source of demand.

Geopolitical events. With fears of war breaking out or large-scale tragedies occurring, investors move quickly to buy gold. Investors are weighing the distinct possibility that Israel could bomb Iranian nuclear installations, triggering a Middle East war. Gold prices would be likely to soar should that happen.

Economic news: Government deficit spending is pulling down the value of the dollar and causing investors ranging from individuals to the Chinese government to buy gold. There is also concern that as the dollar loses value and our government debt rises, the American dollar will lose its position as the favored trading currency of the world. That should also increase interest in holding gold.

Sources are declining: Precious metals are non-renewable resources typically found only in remote areas of the globe. Mining and production challenges increase, yet demand continues to rise.

Which industry or stock would you avoid?

Gissen: We would steer clear of airlines. This sector combines cutbacks in service, disgruntled customers and labor issues with rising energy costs, small margins and excessive competition reducing prices even more. Need we say more?

-- Reported by Gregg Greenberg in New York.

http://finance.yahoo.com/news/Fund-Manager-Singles-Out-tsmf-3957895363.html?x=0&.v=2

A significant portion of the private placement, yet to be determined, will be completed on a flow-though basis. Proceeds will be used to continue development of the Company's Quebec and Saskatchewan properties, and for working capital.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The foregoing information may contain forward-looking statements relating to the future performance of Uracan Resources Ltd. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate securities commissions.

SOURCE: Uracan Resources Ltd.

Gregg J. Sedun, President & CEO, (604) 682-5580; David Fry, Corporate
Development, (778) 330-2759; Keith Schaefer, Vanguard Shareholder Solutions, (604)
608-0824; Marc Simpson, Exploration Manager, (604) 682-5580

To listen to the shows from the week of September 20, 2009 which featured Gregg Sedun from Uracan please click on the links below.

October 15, 2009 Show

October 16, 2009 Show

Regards,
AGORACOM

The company had results from two Grandroy holes – one that was 5.4 meters of 0.213% U₃O_8, or 2130 ppm, (parts per million), and one that was 4.5 meters of 0.194% U₃O_8, or 1943 ppm. This equates to 4.3 pounds per ton and 3.9 pounds per ton respectively.

Surficial uranium deposits are the type of geology found in the Namibian uranium deposits, such as Paladin’s Langer Heinrich mine and the giant Trekkopje deposit that Areva owns. (All the different types of uranium deposits and some typical grades can be found here: http://www.world-nuclear.org/info/inf26.html).

The Langer Heinrich mine is one of (if not the) highest grade surficial deposit in the world at 800 ppm. Trekkopje’s uranium grade is about 140 ppm, or just under one-third of a pound.

Uracan’s results from Quebec are two-and-a-half times that of Langer Heinrich, and four times higher than the other Namibian surficial deposits held by Extract Resources (EXT-TSX) and Bannerman Resources (BAN-TSX), and 15 x that of Trekkopje.

Underground deposits have reported higher grades, but they are a different style deposit. The technical problems surrounding these deposits are helping push up uranium prices. Cameco has still not resolved issues surrounding its Cigar Lake deposit in Saskatchewan, and BHP’s Olympic Dam mine in Australia is reducing uranium output by 50% for six months as it repairs a main mining shaft. Olympic Dam produces 7% of the world’s uranium.

Uracan says drilling can and will go year round, and at only 50 m depth per hole, the drilling is fast and inexpensive.

The Grandroy zone is 7 km north of the company’s Double S zone, which host a resource of 154.9 million tonnes grading 0.012% U₃O₈, for a total of 40.7 million pounds of U₃O_8.

Keith Schaefer
Vanguard Shareholder Solutions Inc.
1205-1095 W. Pender St.
Vancouver, B.C.
V6E 2M6