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Warrants Alert

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Address: 1410 - 800 Pender St W
Vancouver BC V6C 2V6
Phone: 604 689 1659
Fax: 604 689 1722

Warrant Symbol - URZ.WT
Number  Trading - 4.25 million
Expiration Date - April 27, 2012
Cusip - 91688T 11 2
Exercise Price - $3 (U.S.)

Warrants called to trade news

Uranerz Energy to list 4.25 million warrants Dec. 9

2009-12-07 16:20 MT - Warrants Called to Trade
TSX bulletin 2009-1634

A total of 4.25 million common share purchase warrants of Uranerz Energy Corp. will be listed and posted for trading at the opening on Wednesday, Dec. 9, 2009, under the following trading information:

Symbol: URZ.WT
Cusip No.: 91688T 11 2
Trading currency: Canadian
Designated market-maker: Acker Finley Inc.
Markets: None

The warrants were issued in connection with a prospectus offering of units by the company, with each unit consisting of one common share and one-half of a warrant. Each whole warrant entitles the holder to purchase one additional common share of the company at a price of $3 (U.S.) per share at any time before 5 p.m. (Denver time) on April 27, 2012. In the event that the closing price of the company's common shares on a market in the United States exceeds $3.50 (U.S.), for a period of 20 consecutive trading days, the company may, within five days after such an event, provide notice to the holders of the warrants of early expiry and thereafter the warrants will expire on the date which is 30 days after the date of the notice to holders of warrants.

The warrants will be governed by the terms of a warrant indenture and a supplemental warrant indenture between the company and Corporate Stock Transfer Inc. as warrant agent. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

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