UEX Vests 45% Interest in Christie Lake

VANCOUVER, BC--(Marketwired - December 07, 2017) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce that the Company has increased its interest in the Christie Lake Project to 45%.UEX has completed the required $1 million property payment to JCU (Canada) Exploration Company Limited ("JCU") and its 2017 exploration work commitments under the Christie Lake Option Agreement prior to the January 1, 2018 deadline. UEX's ownership interest in the Christie Lake Joint Venture has increased from 30% to 45% effective December 1, 2017. UEX has made cumulative property payments of $5 million and conducted approximately $7.8 million in exploration activities on the project as of October 31, 2017.