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CORPORATE PRESENTATION
TSX: UEX www.uex-corporation.com
FORWARD-LOOKING INFORMATION AND STATEMENTS:
Certain statements and other information contained in this presentation may constitute “forward-looking information” within the meaning of applicable Canadian securities
legislation or constitute “forward-looking statements” within the meaning of applicable United States securities legislation. Such information and statements are based on
UEX's current expectations, estimates, forecasts and projections. These forward-looking statements include statements regarding UEX‘s outlook for our future operations,
plans and timing for exploration activities, and other expectations, intentions and plans that are not historical fact. The words “estimates”, “projects”, “expects”, “intends”,
“believes”, “plans”, or their negatives or other comparable words and phrases are intended to identify forward-looking statements. Such forward-looking statements are
based on certain factors and assumptions and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from UEX's expectations include uncertainties
relating to interpretation of drill results and geology, additional drilling results, continuity and grade of deposits, participation in joint ventures, reliance on other companies
as operators, public acceptance of uranium as an energy source, fluctuations in uranium prices and currency exchange rates, changes in environmental and other laws
affecting uranium exploration and mining, and other risks and uncertainties disclosed in UEX's Annual Information Form and other filings with the applicable securities
commissions in Canada. Many of these factors are beyond the control of UEX. Consequently, all forward-looking statements made herein are qualified by this cautionary
statement and there can be no assurance that actual results or developments anticipated by UEX will be realized. For the reasons set forth above, investors should not place
undue reliance on such forward-looking statements. Except as required by applicable law, UEX disclaims any intention or obligation to update or revise forward-looking
information, whether as a result of new information, future events or otherwise.
NOTICE TO U.S. PERSONS:
The information in this presentation has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United
States securities laws. Information, including scientific or technical information, has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure
for Mineral Projects (“N.I. 43-101”). N.I. 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer
makes of scientific and technical information concerning mineral projects. Canadian standards, including N.I. 43-101, differ significantly from the requirements of the SEC.
For example, the terms “indicated mineral resources” and “inferred mineral resources” are used in this publication to comply with the reporting standards in Canada. While
those terms are recognized and required by Canadian regulations, the SEC does not recognize them. Under United States standards, mineralization may not be classified as a
“reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is
made. Readers should understand that “indicated mineral resources” and “inferred mineral resources” have a great amount of uncertainty as to their existence and as to
their economic and legal feasibility. Readers are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral
reserves. In accordance with Canadian rules, estimates of “inferred mineral resources” cannot form the basis of feasibility or other economic studies. In addition, the
definitions of proven and probable mineral reserves used in N.I. 43-101 differ from the definitions in the SEC Industry Guide 7. Disclosure of “contained pounds” is
permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute reserves as in place
tonnage and grade without reference to unit measures. Accordingly, information contained in this publication describing the Company's mineral properties may not be
comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and
the rules and regulations thereunder.
QUALIFIED PERSON:
Technical information in this presentation has been reviewed and approved by R. Sierd Eriks, P.Geo., UEX’s Vice-President of Exploration and Roger Lemaitre, P.Eng., P.Geo.,
UEX’s President and CEO, who are Qualified Persons as defined by N.I. 43-101.
Forward-Looking Statements
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TSX: UEX www.uex-corporation.com
Roger Lemaitre, P.Eng., P.Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) – President & CEO
Mr. Roger Lemaitre is a Professional Engineer and Geologist with more than 20 years of professional
experience, with both senior and junior mining companies. Before joining UEX, Mr. Lemaitre held the
position of CEO and Executive Director of URU Metals Limited, an AIM-listed junior uranium and base metal
exploration company, where he re-organized the company's asset mix by identifying and successfully
acquiring significant new exploration projects. Prior to joining URU, Mr. Lemaitre held a variety of senior
management positions with Cameco Corporation, one of the world's largest uranium producers, and was
Cameco's Director of Worldwide Exploration Projects.
Ed Boney, CA – Chief Financial Officer & Corporate Secretary
Mr. Boney held the position of Corporate Controller at a Canadian junior gold mining company with
producing mines in Canada and Peru prior to joining UEX. He has also held the position of manager with
Deloitte where he supervised the audits of public companies in the mining and natural resource sector and
was involved in the asset valuations of several companies in the Canadian oil and gas sector.
R. Sierd Eriks, P.Geo. – Vice-President, Exploration
Mr. Eriks, B.A. (Geology), has worked in mineral exploration for over thirty years. From 1979 to 1998, he
gained geological and managerial experience with SMDC (now Cameco Corporation), Falconbridge Limited,
Noranda Exploration Co. Ltd. and Cogema Resources Inc. (now AREVA Resources Canada Inc.) in base metals,
gold, PGE and uranium exploration.
Nan H. Lee, M.Sc., P.Eng. – Vice-President, Project Development
Ms. Lee has worked as a Mining and Project Engineer on several projects in Canada and has also worked with
Kilborn Engineering where she assisted with project feasibility studies. As an independent consultant she has
coordinated, or assisted with the preparation of Environmental Impact Statements for several uranium mine
developments in Canada. Previously, Ms. Lee managed the preliminary feasibility studies for tailings
management facilities for two uranium operations in northern Saskatchewan.
Walter Segsworth, P.Eng. – Management Advisory Board
Mr. Segsworth previously served on the Board of Directors of UEX from 2002 to 2008. He has managed three large Canadian mines. In 1990 he was appointed President and Director of
Westmin Resources Ltd. Upon the takeover of Westmin by Boliden in 1998, Mr. Segsworth joined Homestake Mining Company of California where he was subsequently appointed
President, Director and Chief Operating Officer and served until its merger with Barrick in early 2002. He is currently Lead Director of Alterra Power Corporation.
David Rhys, M.Sc., P.Geo. – Management Advisory Board
Mr. Rhys is a consulting structural geologist specializing in structural controls on mineral deposits and their application to exploration, mining and mine site grade control. He has had a
long association with UEX, and has provided technical consulting and guidance to the Company since its inception. He has also been involved in exploration advisory roles to several
other junior mining companies.
UEX Management Team
UEX Advisory Board
Left to right: Ed Boney, Nan Lee, Roger Lemaitre and Sierd Eriks
Walter Segsworth David Rhys
Management
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TSX: UEX www.uex-corporation.com
Mark P. Eaton, B.A.
Mr. Eaton is an experienced investment professional with over 20 years of experience in equity capital markets specializing in the resource sector. He has held the position of
Managing Director of Global Mining Sales, a division of CIBC World Markets of Toronto, Canada and Manager of U.S. Equity Sales for CIBC World Markets. He was a Partner
and Director of Loewen Ondaatje McCutcheon Ltd., a Toronto-based investment dealer, until March 2008. He is currently President and CEO of Belo Sun Mining Corp.
Suraj P. Ahuja, M.Sc., P.Geo.
Mr. Ahuja's career as a geologist in the design and management of mineral exploration programs spans over 40 years. From 1978 to 1988 he was employed by SMDC (now
Cameco) as a Project Geologist and a Senior Geologist. From 1988 to 2000 he was employed by PNC Exploration (Canada) Co. Ltd., a Japanese-owned uranium exploration
company, as VP Exploration. Mr. Ahuja consults for several major and junior uranium exploration companies through his own mineral exploration consulting company.
Emmet McGrath, CA
Mr. McGrath, a member of the Canadian Institute of Chartered Accountants, was an audit partner with KPMG from 1981 to 2002. He has a thorough understanding of the
regulatory and statutory reporting requirements of publicly listed companies and is well versed in corporate governance matters. He has extensive experience in mergers and
acquisitions, and currently sits on the Board of Directors of several publicly listed companies in the mining industry. He is a Director and former Chairman of the Board of
Westminster Credit Union, the fourth largest credit union in British Columbia.
Roger Lemaitre, P.Eng., P.Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) – President & Chief Executive Officer
Colin C. Macdonald, M.Sc.
Chairman of the Board
Mr. Macdonald held the position of Vice-President, Exploration, for Cameco Corporation until
his retirement on June 30, 2011. He had worked for Cameco Corporation and its predecessor
companies since 1981 and was responsible for Cameco's worldwide uranium exploration
activities.
Graham C. Thody, CA
Mr. Thody was a Partner of NTA, Chartered Accountants from 1979 until his retirement from
public practice in 2007. He was a Director of Pioneer Metals Corporation at the time of the
adoption of the Plan of Arrangement which created UEX Corporation and has been a Director of
UEX since its inception. He served as Chairman of the Board of UEX until June 2010, and as its
President and CEO from November 2009 to January 2014. Mr. Thody continues in a consulting
role with UEX for two years and will continue as a member of the UEX Board.
UEX Board of Directors
Left to right: Emmet McGrath, Graham Thody, Colin Macdonald,
Suraj Ahuja, Roger Lemaitre and Mark Eaton
Board of Directors
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TSX: UEX www.uex-corporation.com
Corporate Overview
 UEX Corporation is an industry leader in
the discovery and advancement of new
uranium resources in Canada’s Athabasca
Basin.
 UEX is amongst a small group of
companies with existing N.I. 43-101
resources at the Indicated stage.
 UEX’s enduring success in uranium
exploration is enhanced by:
 Early acquisition of highly prospective
land positions in the prolific Athabasca
Basin
 Strong relationships with Cameco
Corporation and AREVA, the world’s
largest uranium companies
 Progress continues on our advanced
resource development projects at Shea
Creek and Hidden Bay.
 The Athabasca Basin is located in
northern Saskatchewan, Canada and
yields approximately 15% of the world’s
mined uranium annually.
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TSX: UEX www.uex-corporation.com
Shares
 Issued and outstanding 235,015,069
 Fully diluted 251,661,069
Options 16,646,000 Weighted Average Exercise Price for Options $ 0.93
Warrants Nil
 Share Price (September 30, 2014) $ 0.32
 Market Capitalization $ 75,204,822
 Daily Trading Volume (3 month average) 392,177
Significant shareholders
 Cameco Corporation 21.28%
 Global X Uranium ETF 7.92%
 BlackRock Fund Managers Limited 3.25%
 Current/Retired Management & Directors 1.49%
Cash position as at September 30, 2014 (estimated) $ 9.2 million
Corporate Summary
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TSX: UEX www.uex-corporation.com
UEX Major Assets
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TSX: UEX www.uex-corporation.com
Total Resources
N.I. 43-101 Mineral Resource Estimates
69.84 16.56
0
5
10
15
20
25
30
35
40
Shea Creek (UEX's 49.1% share) Hidden Bay
33.22
36.62
13.84
2.72
MillionsofpoundsofU3O8
Millions of Pounds of U3O8 by Category and by Project
Indicated Mineral Resource (UEX’s share)
Inferred Mineral Resource (UEX’s share)
Deposit
SHEA CREEK - Indicated Category
at 0.30% U3O8 Cut-off
SHEA CREEK - Inferred Category
at 0.30% U3O8 Cut-off
Tonnes
Grade
U3O8
(%)
U3O8
(lbs) Tonnes
Grade
U3O8
(%)
U3O8
(lbs)
Kianna* 1,034,500 1.526 34,805,000 560,700 1.364 16,867,000
Anne* 564,000 1.992 24,760,000 134,900 0.880 2,617,000
Colette* 327,800 0.786 5,680,000 493,200 0.716 7,780,000
58B* 141,600 0.774 2,417,000 83,400 0.505 928,000
Total* 2,067,900 1.484 67,663,000 1,272,200 1.005 28,192,000
Deposit
HIDDEN BAY - Indicated Category
at 0.05% U3O8 Cut-off
HIDDEN BAY - Inferred Category
at 0.05% U3O8 Cut-off
Tonnes
Grade
U3O8
(%)
U3O8
(lbs) Tonnes
Grade
U3O8
(%)
U3O8
(lbs)
Horseshoe 5,119,700 0.203 22,895,000 287,000 0.166 1,049,000
Raven 5,173,900 0.107 12,149,000 822,200 0.092 1,666,000
West Bear 78,900 0.908 1,579,000 - - -
Total 10,372,500 0.160 36,623,000 1,109,200 0.111 2,715,000
* Joint venture with 49.1% UEX / 50.9% AREVA ownership
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TSX: UEX www.uex-corporation.com
Project Expenditures
$44.1M
$59.9M
$37.8M
$7.4M
$6.8M
0
10
20
30
40
50
60
70
Shea Creek Hidden Bay Other
Cumulative Expenditures
(C$ millions)
Exploration Development
0
1
2
3
4
Shea Creek
Hidden Bay
Other
$3.07M
$1.25M
$0.09M
-
$1.09M
-
$3.75M
$0.11M
$0.04M
-
$0.61M
-
UEX Expenditures 2012-2013
(C$ millions)
Exploration 2012 Development 2012
Exploration 2013 Development 2013
To December 31, 2013
2012
2013
2012 2013
2012 2013
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TSX: UEX www.uex-corporation.com
To December 31, 2013
19.9
6.5
21.1
24.0
11.5
2.9
12.6
-
0
5
10
15
20
25
Shea Creek* Hidden Bay
Annual Drilling 2010-2013
(thousands of metres)
2010 2011 2012 2013
99.3
205.0
153.9
282.9
0
100
200
300
400
500
Shea Creek* Hidden Bay
Historical Drilling
(thousands of metres)
Pre-UEX UEX
* Utilizing directional drilling, whereby several wedge cuts are made from a single pilot hole, has significantly reduced the total number
of drilling metres required to attain the desired number of unconformity impacts.
2010 2011 2012 2013 2010 2011 2012 2013
Exploration Drilling
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TSX: UEX www.uex-corporation.com
 Experienced world-class joint venture partner
AREVA is a global uranium miner with Athabasca
experience.
 UEX has the ability to direct future exploration
activities through additional funding.
 Second largest undeveloped uranium resource in the
Athabasca Basin.
 Impressive potential for resource expansion:
‒ Current resources are open in almost every
direction.
‒ Only 3 km of the 33 km prospective Saskatoon
Lake Conductor has been adequately explored.
‒ Several conductors on the property remain
untested.
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49.1%50.9%
TSX: UEX www.uex-corporation.com
 Located in northwest Saskatchewan,
the Shea Creek property hosts the
second largest undeveloped uranium
resource in the Athabasca Basin.
 AREVA’s former Cluff Lake uranium
mine is located approximately
15 km to the north of the Shea
Creek deposits and produced over
62 million lbs(1) of U3O8 during its
successful 22 years of operation.
 Access is provided year-round by Provincial Highway 955, allowing for easy transport of
crews, equipment and supplies to the project site.
(1) Source: Saskatchewan Mining Association
SHEA CREEK PROJECT
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Shea Creek Exploration Camp
TSX: UEX www.uex-corporation.com
 The Shea Creek Project is a joint venture 49.1%
owned by UEX Corporation and 50.9% owned by
AREVA Resources Canada Inc., the project operator.
 The Shea Creek Project contains the second largest
undeveloped uranium resource in the Athabasca
Basin.
 UEX Cumulative Expenditures
As at December 31, 2013
 Exploration C$44.1 million
 Development C$ 7.4 million
 2013 Joint Venture Expenditures
 Exploration C$ 3.1 million
 2013 Additional Exploration Expenditures
 Exploration C$ 2.0 million
 2014 Joint Venture Budget
 To be determined
Shea Creek - Overview
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TSX: UEX www.uex-corporation.com
 The N.I. 43-101 mineral resource estimate for Shea Creek incorporates resources from the
Kianna, Anne, Colette and 58B deposits based on drilling information up to December 31, 2012.
The Shea Creek mineral resource estimate is included in a technical report on the Shea Creek Project with an effective date of May 31,
2013 which was filed on SEDAR at www.sedar.com on May 31, 2013.
 This mineral resource estimate confirms that Shea Creek is the second largest undeveloped
uranium resource in the Athabasca Basin. It also ranks as the fourth largest existing uranium
resource in the Basin, exceeded in size only by McArthur River, Cigar Lake and Millennium.
 The resources at Shea Creek are open in almost every direction and have excellent potential for
significant expansion as exploration continues.
Deposit
Indicated Resources at 0.30% U3O8 cut-off Inferred Resources at 0.30% U3O8 cut-off
Tonnes U3O8 (%) U3O8 (lbs) Tonnes U3O8 (%) U3O8 (lbs)
Kianna* 1,034,500 1.526 34,805,000 560,700 1.364 16,867,000
Anne* 564,000 1.992 24,760,000 134,900 0.880 2,617,000
Colette* 327,800 0.786 5,680,000 493,200 0.716 7,780,000
58B* 141,600 0.774 2,417,000 83,400 0.505 928,000
Total* 2,067,900 1.484 67,663,000 1,272,200 1.005 28,192,000
* Joint venture with 49.1% UEX / 50.9% AREVA ownership
Shea Creek - Resources
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TSX: UEX www.uex-corporation.com
 The Shea Creek Project contains four known
uranium deposits:
 Kianna
 Anne
 The deposits are distributed along a strike length
of over 3 km at the north end of the 33-km long
Saskatoon Lake Conductor.
 Mineralization is largely open and large parts of
the Saskatoon Lake Conductor remain untested;
the potential for resource expansion is extremely
high.
 UEX signed an agreement that allows the
Company to increase its interest in the Western
Athabasca Joint Venture (including Shea Creek).
The Company has the option but no obligation to
spend up to $18.0 million over a six-year period
to earn an additional 0.9% interest in the project.
UEX will gain not only a further interest of 0.9%
in the existing resource, but also up to 49.9% of
any further resources discovered. UEX has
already earned 0.1% of the 0.9% interest to date.
 Colette
 58B
Shea Creek - Deposits
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TSX: UEX www.uex-corporation.com
 The uranium mineralization in a deposit
can occur in three styles:
 Perched (P) mineralization is found in
sandstone at shallower depths.
 Unconformity (UC) mineralization is
found at the contact of the
sandstone and the underlying
basement rock.
 Basement (B) mineralization is found
in the gneissic rock beneath the
unconformity.
 A wireframe model of the Kianna Deposit
depicting stacked mineralization is shown
to the left.
Perched
Unconformity
Basement
New
Basement
Zone
Kianna Deposit
Shea Creek - Mineralization
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TSX: UEX www.uex-corporation.com
Kianna SHE-114-05
 Perched (P)
mineralization grading
27.7% eU3O8 over 7.6 m
Kianna SHE-115-03
 Unconformity (UC)
mineralization grading
21.2% U3O8 over 4.3 m
Kianna SHE-115-11
 Basement (B)
mineralization grading
13.2% U3O8 over 4.5 m
Shea Creek - Mineralization
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TSX: UEX www.uex-corporation.com
Selected High-Grade Drilling Results
Colette
 SHE-111-06
(B) 23.9% U3O8 over 0.5 m
Kianna
 SHE-114-19
(P) 33.6% eU3O8 over 1.3 m
 SHE-115-10
(B) 24.3% U3O8 over 2.5 m
 SHE-123-06
(UC) 32.3% U3O8 over 1.1 m
Anne
 SHE-087
(B) 34.7% U3O8 over 1.9 m
 SHE-096-03
(UC) 29.2% U3O8 over 3.4 m
 SHE-099
(UC) 60.6% U3O8 over 1.2 m
Shea Creek - Mineralization
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TSX: UEX www.uex-corporation.com
Kianna Deposit: Wireframe Model
Side view facing SW: perched, unconformity and
basement mineralization are clearly visible.
SHE-115-03: GT 114
9.34% U3O8/12.2 m
SHE-115-05: GT 73
7.83% U3O8/7.2 m
SHE-115-08: GT 91
6.17% U3O8/6.7 m
SHE-114-05: GT 224
20.7% eU3O8/10.2 m
SHE-118: GT 50
6.30% U3O8/7.9 m
SHE-115-10: GT 144
8.58% U3O8/15.0 m
SHE-115-11: GT 88
5.36% U3O8/16.5 m
SHE-114-11: GT 254
4.09% eU3O8/45.0 m
SHE-114-19: GT 71
5.94% eU3O8/12.0 m SHE-115-04: GT 48
2.55% U3O8/19.0 m
SHE-114-20: GT 145
1.02% eU3O8/141 m
SHE-114-09: GT 144
4.64% eU3O8/22.2 m
SHE-115-18: GT 115
8.42% eU3O8/12.6 m
SHE-114-07: GT 70
7.37% U3O8/9.5 m
GT is presented for the entire drill hole along with
the Grade/Thickness of the major intercept.
Perched
Unconformity
Basement
Basement
Zone
(2011)
Basement Zone
Upper Kianna East
(2012)
Basement Zone
Kianna East (2012)
Shea Creek - Kianna Deposit
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TSX: UEX www.uex-corporation.com
Anne Deposit: Wireframe Model
Side view facing NE: perched, unconformity and
basement mineralization are clearly visible.
SHE-095-03: GT 86
4.41% U3O8/14.9 m
SHE-099-02: GT 101
5.65% U3O8/17.9 m
SHE-087: GT 70
11.6% U3O8/6.0 m
SHE-099: GT 84
10.0% U3O8/8.4 m
SHE-099-03: GT 36
2.61% U3O8/13.6 m
SHE-100-01: GT 110
3.32% U3O8/25.1 m
SHE-122-05: GT 75
3.64% U3O8/20.5 m
SHE-122-01: GT 163
4.21% U3O8/36.0 m
SHE-096-03: GT 143
5.42% U3O8/19.0 m
SHE-101-02: GT 32
3.75% U3O8/8.6 m
SHE-016: GT 39
4.32% U3O8/9.1 m
GT is presented for the entire drill hole along with
the Grade/Thickness of the major intercept.
SHE-109-05: GT 79
7.24% U3O8/8.7 m
SHE-109-06: GT 40
4.51% U3O8/8.9 m
Unconformity
Perched
Basement
Shea Creek - Anne Deposit
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TSX: UEX www.uex-corporation.com
Colette Deposit: Wireframe Model
View from above the unconformity facing SE with
58B, Kianna and Anne visible in the distance.
SHE-052: GT 39
2.34% U3O8/16.8 m
SHE-065: GT 21
1.73% U3O8/11.9 m
SHE-111-06: GT 26
3.23% U3O8/8.0 m
SHE-059: GT 27
4.10% U3O8/6.6 m
GT is presented for the entire drill hole along with
the Grade/Thickness of the major intercept.
SHE-066-2: GT 33
1.28% eU3O8/26.0 m
SHE-066-3: GT 34
1.22% eU3O8/27.9 m
Unconformity
mineralization
ANNE
KIANNA
58B
Basement
mineralization
COLETTE
KIANNA
EAST
Shea Creek - Colette Deposit
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TSX: UEX www.uex-corporation.com
58B Deposit: Wireframe Model
View from above the unconformity facing SE with
Kianna and Anne visible in the distance.
 Mineralization at 58B has now been traced over a
strike length of 400 metres and occurs over a
width of up to 110 metres in plan view.
 Broad areas of the highly prospective structural
corridor hosting 58B remain sparsely tested and
open in several directions.
SHE-133-5: GT 19.5
6.53% eU3O8/1.6 m
SHE-133-6: GT 11.8
6.17% eU3O8/1.6 m
SHE-133-7: GT 22.7
2.13% eU3O8/10.6 m
GT is presented for the entire drill hole along with
the Grade/Thickness of the major intercept.
SHE-133-3: GT 20.2
1.81% eU3O8/7.6 m
SHE-133-4: GT 21.2
6.55% eU3O8/2.4 m
Unconformity
mineralization
KIANNA
Basement
mineralization
58B
KIANNA
EAST
ANNE
Shea Creek - 58B Deposit
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TSX: UEX www.uex-corporation.com
 Hosts the sixth largest undeveloped uranium
resource in the Athabasca Basin.
 Known deposits:
‒ Horseshoe, Raven and West Bear
Horseshoe-Raven Camp
 The 2010 N.I. 43-101 preliminary economic
assessment report (PA) indicates that the
project could yield EBIT of C$246M, pre-tax
NPV of C$163M and IRR of 42%(1)(2) at a price
of US$60/lb U3O8.
HIDDEN BAY PROJECT
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100% owned
(1) These results are included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online under UEX’s profile at www.sedar.com.
(2) Projects in the mining sector have experienced rising costs, including rising capital and operating costs, during the past few years. Rising capital and operating costs would, in the
absence of other changes, negatively impact EBIT, NPV and IRR which have been calculated based upon historical costs. Accordingly, readers should bear these factors in mind
when reading the PA and should not place undue reliance on the PA.
Aerial view of Horseshoe-Raven Camp
TSX: UEX www.uex-corporation.com
 Horseshoe and Raven are approximately
4 km from Cameco’s Rabbit Lake Mill and
22 km from AREVA’s McClean Lake Mill.
This proximity creates the opportunity
for toll milling arrangements to be
negotiated.
 Hydroelectric transmission lines that
service both of these facilities pass 3 km
to the north of the deposits.
 Provincial Highway 905 provides access to
the deposits and the local uranium mills.
- 24 -
HIDDEN BAY PROJECT
TSX: UEX www.uex-corporation.com
 The Hidden Bay Project is 100% owned by
UEX and contains three known uranium
deposits:
 Horseshoe
 Raven
 West Bear
 The Hidden Bay Project contains the sixth
largest undeveloped uranium resource in
the Athabasca Basin.
 Cumulative Expenditures
As at December 31, 2013
 Exploration C$59.9 million
 Development C$ 6.8 million
 Future Work
 Additional greenfields drilling exploration at
Hidden Bay has been deferred temporarily
until market conditions improve.
Hidden Bay - Overview
- 25 -
TSX: UEX www.uex-corporation.com
 The February 2011 N.I. 43-101 Preliminary Assessment Technical Report (“PA”) prepared by SRK Consulting
(Canada) Inc. recommends that the project be advanced to a preliminary feasibility level, and that this next
phase of study also include UEX’s West Bear Deposit.
These results are included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online under
UEX’s profile at www.sedar.com.
 The PA utilized cut-off grades calculated on the basis of $60 (US) per lb of U3O8 and estimated 16.6 million lbs
of U3O8 could be extracted over a seven-year mine life.
 Base Case economics at $60 (US) per lb of U3O8:
Price U3O8
(per lb)
Pre-Tax (Base Case)(1)
EBIT
(C$ millions)
NPV5%
(C$ millions)
IRR
(%)
$60 (US) 246 163 42
“EBIT” Earnings before interest and taxes “IRR” Internal rate of return
“NPV5%” Net present value (5% discount rate)
 The Preliminary Assessment Technical Report is preliminary in nature, includes inferred mineral resources that
are considered too speculative geologically to have the economic considerations applied to them that would
enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic
assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated
economic viability.
(1) Projects in the mining sector have experienced rising costs, including rising capital and operating costs, during the past few years. Rising capital and
operating costs would, in the absence of other changes, negatively impact EBIT, NPV and IRR which have been calculated based upon historical
costs. Accordingly, readers should bear these factors in mind when reading the PA and should not place undue reliance on the PA.
Horseshoe and Raven Economics
- 26 -
TSX: UEX www.uex-corporation.com
 Uranium processing and tailings management, as envisioned
in the PA, would be conducted through a toll arrangement* at
one of two milling facilities located near Horseshoe and Raven:
 The Rabbit Lake Mill within 4 km, operated by Cameco
 The McClean Lake Mill within 22 km, operated by AREVA
 The PA has focused on Cameco’s Rabbit Lake Mill as it has
excess capacity and is the closer of the two facilities.
 The Hidden Bay Project has opportunities for the improvement
of economics, including:
 Expansion of mineable tonnes due to an increase in U3O8 price which would result in a lower
cut-off grade and thus the conversion of a higher proportion of the existing resource base to
reserves;
 Expansion of mineable tonnes through discovery of additional resources at other locations on
the Hidden Bay property; and
 Inclusion of UEX’s West Bear Deposit in the overall project mine plan and economics.
* Toll milling utilizes the excess capacity of an existing mill to process uranium ore, and is often a cost-effective alternative to constructing a new milling facility.
Horseshoe and Raven Economics
- 27 -
TSX: UEX www.uex-corporation.com
 UEX is focused on advancing the
deposits at Horseshoe and Raven
through pre-feasibility and ultimately
to feasibility level to assess the
potential economics and viability of
mining the deposits.
 Results from the July 2009 N.I. 43-101
mineral resource estimate prepared by
Golder Associates Ltd. are shown in
the table below.
This resource is included in a technical report on
the Hidden Bay property with an effective date of
February 15, 2011 available online under UEX’s
profile at www.sedar.com.
Deposit
Indicated Resources at 0.05% U3O8 cut-off Inferred Resources at 0.05% U3O8 cut-off
Tonnes U3O8 (%) U3O8 (lbs) Tonnes U3O8 (%) U3O8 (lbs)
Horseshoe 5,119,700 0.203 22,895,000 287,000 0.166 1,049,000
Raven 5,173,900 0.107 12,149,000 822,200 0.092 1,666,000
Total 10,293,600 0.155 35,044,000 1,109,200 0.111 2,715,000
Horseshoe and Raven Resources
- 28 -
TSX: UEX www.uex-corporation.com
Horseshoe and Raven Deposits
 The Horseshoe and Raven Deposits lie in overall competent and impermeable quartzite,
arkosic quartzite and calc-arkosic gneiss host rocks with no overlying Athabasca sandstone
cover, highly favourable conditions for mining in the Athabasca Basin.
 Vertical cross sections of the Horseshoe and Raven Deposits are shown above.
- 29 -
TSX: UEX www.uex-corporation.com
Horseshoe and Raven Mineralization
Nodular pitchblende
rimmed by boltwoodite
Pitchblende in
hematite-clay
Late yellow boltwoodite-
uranophane
HU-16 high grade intercept: 12.35 m @ 4.53% U3O8
- 30 -
TSX: UEX www.uex-corporation.com
 Results from the January 2009 N.I. 43-101 mineral resource estimate for the West Bear
Deposit prepared by Golder Associates Ltd. are as follows:
‒ 78,900 tonnes grading 0.908% U3O8 in the Indicated category containing 1,579,000
pounds U3O8 at a cut-off grade of 0.05% U3O8.
‒ All resources are within 35 m of surface.
This resource is included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online
under UEX’s profile at www.sedar.com.
WEST BEAR RESOURCES
- 31 -
100% owned
TSX: UEX www.uex-corporation.com
 The West Bear Deposit is a classic, unconformity-hosted uranium deposit developed under
shallow Athabasca sandstone cover above a conductive graphitic gneiss unit.
 The near-surface nature of the mineralization is amenable to shallow open-pit mining.
WEST BEAR DEPOSIT
- 32 -
35 m
TSX: UEX www.uex-corporation.com
 Second largest undeveloped uranium
resource in Canada’s Athabasca Basin
 49.1% owned by UEX in partnership with
AREVA Resources Canada Inc.
 Kianna, Anne, Colette and 58B contain an
estimated 67.7 million lbs U3O8 Indicated
and 28.2 million lbs U3O8 Inferred mineral
resources(1)
 Potential to grow our interest in known
resources by up to 0.9% and our interest by
up to 49.9% in future resources discovered
by funding additional exploration at Shea
Creek beyond the budgets proposed by the
project operator
 Shea Creek resources are open in almost
every direction and have excellent
potential for significant expansion as
exploration continues
 Sixth largest undeveloped uranium
resource in the Athabasca Basin
 100% owned by UEX Corporation
 Positive Preliminary Assessment
 Project will be advanced further when
uranium commodity price justifies
 Horseshoe, Raven and West Bear are
host to an estimated 36.6 million lbs
U3O8 Indicated and 2.7 million lbs U3O8
Inferred mineral resources(2)
 Infrastructure near Hidden Bay is well
developed, with two operating uranium
ore processing facilities in the local area
Shea Creek Hidden Bay
(1) See “Shea Creek - Resources” on page 14 for % U3O8 grades and % U3O8 cut-off. (2) See “Horseshoe & Raven Resources” on page 28 for % U3O8 grades and % U3O8 cut-off.
Project Summary
- 33 -
TSX: UEX www.uex-corporation.com
Our primary objectives:
 To continue the exploration and development work required to
delineate and develop economic uranium resources at the Shea
Creek Project;
 To advance the development process at the Horseshoe, Raven and
West Bear uranium deposits to a production decision;
 To maintain, explore and advance to discovery our other uranium
projects; and
 To pursue a diversified portfolio of uranium projects from early
exploration through to development and production, which may
include outright property acquisitions or other business
combinations.
Growth Strategy
- 34 -
TSX: UEX www.uex-corporation.com
Shea Creek
Expansion of mineral resources
into deposits of global significance
Hidden Bay
Advancing toward a
production decision
Looking Ahead
- 35 -
PRESENTATION ELEMENTS
For more information:
UEX Corporation
Suite 1007 – 808 Nelson Street
Vancouver, BC V6Z 2H2
www.uex-corporation.com
Investor and Media Inquiries Contact:
Roger Lemaitre, President & CEO
+1 (604) 669-2349
uex@uex-corporation.com
TSX: UEX
UEXCF.PK
Frankfurt: UXO.F
International OTC Markets

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Presentation

  • 2. TSX: UEX www.uex-corporation.com FORWARD-LOOKING INFORMATION AND STATEMENTS: Certain statements and other information contained in this presentation may constitute “forward-looking information” within the meaning of applicable Canadian securities legislation or constitute “forward-looking statements” within the meaning of applicable United States securities legislation. Such information and statements are based on UEX's current expectations, estimates, forecasts and projections. These forward-looking statements include statements regarding UEX‘s outlook for our future operations, plans and timing for exploration activities, and other expectations, intentions and plans that are not historical fact. The words “estimates”, “projects”, “expects”, “intends”, “believes”, “plans”, or their negatives or other comparable words and phrases are intended to identify forward-looking statements. Such forward-looking statements are based on certain factors and assumptions and are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from UEX's expectations include uncertainties relating to interpretation of drill results and geology, additional drilling results, continuity and grade of deposits, participation in joint ventures, reliance on other companies as operators, public acceptance of uranium as an energy source, fluctuations in uranium prices and currency exchange rates, changes in environmental and other laws affecting uranium exploration and mining, and other risks and uncertainties disclosed in UEX's Annual Information Form and other filings with the applicable securities commissions in Canada. Many of these factors are beyond the control of UEX. Consequently, all forward-looking statements made herein are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by UEX will be realized. For the reasons set forth above, investors should not place undue reliance on such forward-looking statements. Except as required by applicable law, UEX disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise. NOTICE TO U.S. PERSONS: The information in this presentation has been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. Information, including scientific or technical information, has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“N.I. 43-101”). N.I. 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian standards, including N.I. 43-101, differ significantly from the requirements of the SEC. For example, the terms “indicated mineral resources” and “inferred mineral resources” are used in this publication to comply with the reporting standards in Canada. While those terms are recognized and required by Canadian regulations, the SEC does not recognize them. Under United States standards, mineralization may not be classified as a “reserve” unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. Readers should understand that “indicated mineral resources” and “inferred mineral resources” have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. Readers are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into mineral reserves. In accordance with Canadian rules, estimates of “inferred mineral resources” cannot form the basis of feasibility or other economic studies. In addition, the definitions of proven and probable mineral reserves used in N.I. 43-101 differ from the definitions in the SEC Industry Guide 7. Disclosure of “contained pounds” is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute reserves as in place tonnage and grade without reference to unit measures. Accordingly, information contained in this publication describing the Company's mineral properties may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder. QUALIFIED PERSON: Technical information in this presentation has been reviewed and approved by R. Sierd Eriks, P.Geo., UEX’s Vice-President of Exploration and Roger Lemaitre, P.Eng., P.Geo., UEX’s President and CEO, who are Qualified Persons as defined by N.I. 43-101. Forward-Looking Statements - 2 -
  • 3. TSX: UEX www.uex-corporation.com Roger Lemaitre, P.Eng., P.Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) – President & CEO Mr. Roger Lemaitre is a Professional Engineer and Geologist with more than 20 years of professional experience, with both senior and junior mining companies. Before joining UEX, Mr. Lemaitre held the position of CEO and Executive Director of URU Metals Limited, an AIM-listed junior uranium and base metal exploration company, where he re-organized the company's asset mix by identifying and successfully acquiring significant new exploration projects. Prior to joining URU, Mr. Lemaitre held a variety of senior management positions with Cameco Corporation, one of the world's largest uranium producers, and was Cameco's Director of Worldwide Exploration Projects. Ed Boney, CA – Chief Financial Officer & Corporate Secretary Mr. Boney held the position of Corporate Controller at a Canadian junior gold mining company with producing mines in Canada and Peru prior to joining UEX. He has also held the position of manager with Deloitte where he supervised the audits of public companies in the mining and natural resource sector and was involved in the asset valuations of several companies in the Canadian oil and gas sector. R. Sierd Eriks, P.Geo. – Vice-President, Exploration Mr. Eriks, B.A. (Geology), has worked in mineral exploration for over thirty years. From 1979 to 1998, he gained geological and managerial experience with SMDC (now Cameco Corporation), Falconbridge Limited, Noranda Exploration Co. Ltd. and Cogema Resources Inc. (now AREVA Resources Canada Inc.) in base metals, gold, PGE and uranium exploration. Nan H. Lee, M.Sc., P.Eng. – Vice-President, Project Development Ms. Lee has worked as a Mining and Project Engineer on several projects in Canada and has also worked with Kilborn Engineering where she assisted with project feasibility studies. As an independent consultant she has coordinated, or assisted with the preparation of Environmental Impact Statements for several uranium mine developments in Canada. Previously, Ms. Lee managed the preliminary feasibility studies for tailings management facilities for two uranium operations in northern Saskatchewan. Walter Segsworth, P.Eng. – Management Advisory Board Mr. Segsworth previously served on the Board of Directors of UEX from 2002 to 2008. He has managed three large Canadian mines. In 1990 he was appointed President and Director of Westmin Resources Ltd. Upon the takeover of Westmin by Boliden in 1998, Mr. Segsworth joined Homestake Mining Company of California where he was subsequently appointed President, Director and Chief Operating Officer and served until its merger with Barrick in early 2002. He is currently Lead Director of Alterra Power Corporation. David Rhys, M.Sc., P.Geo. – Management Advisory Board Mr. Rhys is a consulting structural geologist specializing in structural controls on mineral deposits and their application to exploration, mining and mine site grade control. He has had a long association with UEX, and has provided technical consulting and guidance to the Company since its inception. He has also been involved in exploration advisory roles to several other junior mining companies. UEX Management Team UEX Advisory Board Left to right: Ed Boney, Nan Lee, Roger Lemaitre and Sierd Eriks Walter Segsworth David Rhys Management - 3 -
  • 4. TSX: UEX www.uex-corporation.com Mark P. Eaton, B.A. Mr. Eaton is an experienced investment professional with over 20 years of experience in equity capital markets specializing in the resource sector. He has held the position of Managing Director of Global Mining Sales, a division of CIBC World Markets of Toronto, Canada and Manager of U.S. Equity Sales for CIBC World Markets. He was a Partner and Director of Loewen Ondaatje McCutcheon Ltd., a Toronto-based investment dealer, until March 2008. He is currently President and CEO of Belo Sun Mining Corp. Suraj P. Ahuja, M.Sc., P.Geo. Mr. Ahuja's career as a geologist in the design and management of mineral exploration programs spans over 40 years. From 1978 to 1988 he was employed by SMDC (now Cameco) as a Project Geologist and a Senior Geologist. From 1988 to 2000 he was employed by PNC Exploration (Canada) Co. Ltd., a Japanese-owned uranium exploration company, as VP Exploration. Mr. Ahuja consults for several major and junior uranium exploration companies through his own mineral exploration consulting company. Emmet McGrath, CA Mr. McGrath, a member of the Canadian Institute of Chartered Accountants, was an audit partner with KPMG from 1981 to 2002. He has a thorough understanding of the regulatory and statutory reporting requirements of publicly listed companies and is well versed in corporate governance matters. He has extensive experience in mergers and acquisitions, and currently sits on the Board of Directors of several publicly listed companies in the mining industry. He is a Director and former Chairman of the Board of Westminster Credit Union, the fourth largest credit union in British Columbia. Roger Lemaitre, P.Eng., P.Geo., MBA, M.Sc. (Applied), B.Sc. (Applied) – President & Chief Executive Officer Colin C. Macdonald, M.Sc. Chairman of the Board Mr. Macdonald held the position of Vice-President, Exploration, for Cameco Corporation until his retirement on June 30, 2011. He had worked for Cameco Corporation and its predecessor companies since 1981 and was responsible for Cameco's worldwide uranium exploration activities. Graham C. Thody, CA Mr. Thody was a Partner of NTA, Chartered Accountants from 1979 until his retirement from public practice in 2007. He was a Director of Pioneer Metals Corporation at the time of the adoption of the Plan of Arrangement which created UEX Corporation and has been a Director of UEX since its inception. He served as Chairman of the Board of UEX until June 2010, and as its President and CEO from November 2009 to January 2014. Mr. Thody continues in a consulting role with UEX for two years and will continue as a member of the UEX Board. UEX Board of Directors Left to right: Emmet McGrath, Graham Thody, Colin Macdonald, Suraj Ahuja, Roger Lemaitre and Mark Eaton Board of Directors - 4 -
  • 5. TSX: UEX www.uex-corporation.com Corporate Overview  UEX Corporation is an industry leader in the discovery and advancement of new uranium resources in Canada’s Athabasca Basin.  UEX is amongst a small group of companies with existing N.I. 43-101 resources at the Indicated stage.  UEX’s enduring success in uranium exploration is enhanced by:  Early acquisition of highly prospective land positions in the prolific Athabasca Basin  Strong relationships with Cameco Corporation and AREVA, the world’s largest uranium companies  Progress continues on our advanced resource development projects at Shea Creek and Hidden Bay.  The Athabasca Basin is located in northern Saskatchewan, Canada and yields approximately 15% of the world’s mined uranium annually. - 5 -
  • 6. TSX: UEX www.uex-corporation.com Shares  Issued and outstanding 235,015,069  Fully diluted 251,661,069 Options 16,646,000 Weighted Average Exercise Price for Options $ 0.93 Warrants Nil  Share Price (September 30, 2014) $ 0.32  Market Capitalization $ 75,204,822  Daily Trading Volume (3 month average) 392,177 Significant shareholders  Cameco Corporation 21.28%  Global X Uranium ETF 7.92%  BlackRock Fund Managers Limited 3.25%  Current/Retired Management & Directors 1.49% Cash position as at September 30, 2014 (estimated) $ 9.2 million Corporate Summary - 6 -
  • 8. TSX: UEX www.uex-corporation.com Total Resources N.I. 43-101 Mineral Resource Estimates 69.84 16.56 0 5 10 15 20 25 30 35 40 Shea Creek (UEX's 49.1% share) Hidden Bay 33.22 36.62 13.84 2.72 MillionsofpoundsofU3O8 Millions of Pounds of U3O8 by Category and by Project Indicated Mineral Resource (UEX’s share) Inferred Mineral Resource (UEX’s share) Deposit SHEA CREEK - Indicated Category at 0.30% U3O8 Cut-off SHEA CREEK - Inferred Category at 0.30% U3O8 Cut-off Tonnes Grade U3O8 (%) U3O8 (lbs) Tonnes Grade U3O8 (%) U3O8 (lbs) Kianna* 1,034,500 1.526 34,805,000 560,700 1.364 16,867,000 Anne* 564,000 1.992 24,760,000 134,900 0.880 2,617,000 Colette* 327,800 0.786 5,680,000 493,200 0.716 7,780,000 58B* 141,600 0.774 2,417,000 83,400 0.505 928,000 Total* 2,067,900 1.484 67,663,000 1,272,200 1.005 28,192,000 Deposit HIDDEN BAY - Indicated Category at 0.05% U3O8 Cut-off HIDDEN BAY - Inferred Category at 0.05% U3O8 Cut-off Tonnes Grade U3O8 (%) U3O8 (lbs) Tonnes Grade U3O8 (%) U3O8 (lbs) Horseshoe 5,119,700 0.203 22,895,000 287,000 0.166 1,049,000 Raven 5,173,900 0.107 12,149,000 822,200 0.092 1,666,000 West Bear 78,900 0.908 1,579,000 - - - Total 10,372,500 0.160 36,623,000 1,109,200 0.111 2,715,000 * Joint venture with 49.1% UEX / 50.9% AREVA ownership - 8 -
  • 9. TSX: UEX www.uex-corporation.com Project Expenditures $44.1M $59.9M $37.8M $7.4M $6.8M 0 10 20 30 40 50 60 70 Shea Creek Hidden Bay Other Cumulative Expenditures (C$ millions) Exploration Development 0 1 2 3 4 Shea Creek Hidden Bay Other $3.07M $1.25M $0.09M - $1.09M - $3.75M $0.11M $0.04M - $0.61M - UEX Expenditures 2012-2013 (C$ millions) Exploration 2012 Development 2012 Exploration 2013 Development 2013 To December 31, 2013 2012 2013 2012 2013 2012 2013 - 9 -
  • 10. TSX: UEX www.uex-corporation.com To December 31, 2013 19.9 6.5 21.1 24.0 11.5 2.9 12.6 - 0 5 10 15 20 25 Shea Creek* Hidden Bay Annual Drilling 2010-2013 (thousands of metres) 2010 2011 2012 2013 99.3 205.0 153.9 282.9 0 100 200 300 400 500 Shea Creek* Hidden Bay Historical Drilling (thousands of metres) Pre-UEX UEX * Utilizing directional drilling, whereby several wedge cuts are made from a single pilot hole, has significantly reduced the total number of drilling metres required to attain the desired number of unconformity impacts. 2010 2011 2012 2013 2010 2011 2012 2013 Exploration Drilling - 10 -
  • 11. TSX: UEX www.uex-corporation.com  Experienced world-class joint venture partner AREVA is a global uranium miner with Athabasca experience.  UEX has the ability to direct future exploration activities through additional funding.  Second largest undeveloped uranium resource in the Athabasca Basin.  Impressive potential for resource expansion: ‒ Current resources are open in almost every direction. ‒ Only 3 km of the 33 km prospective Saskatoon Lake Conductor has been adequately explored. ‒ Several conductors on the property remain untested. - 11 - 49.1%50.9%
  • 12. TSX: UEX www.uex-corporation.com  Located in northwest Saskatchewan, the Shea Creek property hosts the second largest undeveloped uranium resource in the Athabasca Basin.  AREVA’s former Cluff Lake uranium mine is located approximately 15 km to the north of the Shea Creek deposits and produced over 62 million lbs(1) of U3O8 during its successful 22 years of operation.  Access is provided year-round by Provincial Highway 955, allowing for easy transport of crews, equipment and supplies to the project site. (1) Source: Saskatchewan Mining Association SHEA CREEK PROJECT - 12 - Shea Creek Exploration Camp
  • 13. TSX: UEX www.uex-corporation.com  The Shea Creek Project is a joint venture 49.1% owned by UEX Corporation and 50.9% owned by AREVA Resources Canada Inc., the project operator.  The Shea Creek Project contains the second largest undeveloped uranium resource in the Athabasca Basin.  UEX Cumulative Expenditures As at December 31, 2013  Exploration C$44.1 million  Development C$ 7.4 million  2013 Joint Venture Expenditures  Exploration C$ 3.1 million  2013 Additional Exploration Expenditures  Exploration C$ 2.0 million  2014 Joint Venture Budget  To be determined Shea Creek - Overview - 13 -
  • 14. TSX: UEX www.uex-corporation.com  The N.I. 43-101 mineral resource estimate for Shea Creek incorporates resources from the Kianna, Anne, Colette and 58B deposits based on drilling information up to December 31, 2012. The Shea Creek mineral resource estimate is included in a technical report on the Shea Creek Project with an effective date of May 31, 2013 which was filed on SEDAR at www.sedar.com on May 31, 2013.  This mineral resource estimate confirms that Shea Creek is the second largest undeveloped uranium resource in the Athabasca Basin. It also ranks as the fourth largest existing uranium resource in the Basin, exceeded in size only by McArthur River, Cigar Lake and Millennium.  The resources at Shea Creek are open in almost every direction and have excellent potential for significant expansion as exploration continues. Deposit Indicated Resources at 0.30% U3O8 cut-off Inferred Resources at 0.30% U3O8 cut-off Tonnes U3O8 (%) U3O8 (lbs) Tonnes U3O8 (%) U3O8 (lbs) Kianna* 1,034,500 1.526 34,805,000 560,700 1.364 16,867,000 Anne* 564,000 1.992 24,760,000 134,900 0.880 2,617,000 Colette* 327,800 0.786 5,680,000 493,200 0.716 7,780,000 58B* 141,600 0.774 2,417,000 83,400 0.505 928,000 Total* 2,067,900 1.484 67,663,000 1,272,200 1.005 28,192,000 * Joint venture with 49.1% UEX / 50.9% AREVA ownership Shea Creek - Resources - 14 -
  • 15. TSX: UEX www.uex-corporation.com  The Shea Creek Project contains four known uranium deposits:  Kianna  Anne  The deposits are distributed along a strike length of over 3 km at the north end of the 33-km long Saskatoon Lake Conductor.  Mineralization is largely open and large parts of the Saskatoon Lake Conductor remain untested; the potential for resource expansion is extremely high.  UEX signed an agreement that allows the Company to increase its interest in the Western Athabasca Joint Venture (including Shea Creek). The Company has the option but no obligation to spend up to $18.0 million over a six-year period to earn an additional 0.9% interest in the project. UEX will gain not only a further interest of 0.9% in the existing resource, but also up to 49.9% of any further resources discovered. UEX has already earned 0.1% of the 0.9% interest to date.  Colette  58B Shea Creek - Deposits - 15 -
  • 16. TSX: UEX www.uex-corporation.com  The uranium mineralization in a deposit can occur in three styles:  Perched (P) mineralization is found in sandstone at shallower depths.  Unconformity (UC) mineralization is found at the contact of the sandstone and the underlying basement rock.  Basement (B) mineralization is found in the gneissic rock beneath the unconformity.  A wireframe model of the Kianna Deposit depicting stacked mineralization is shown to the left. Perched Unconformity Basement New Basement Zone Kianna Deposit Shea Creek - Mineralization - 16 -
  • 17. TSX: UEX www.uex-corporation.com Kianna SHE-114-05  Perched (P) mineralization grading 27.7% eU3O8 over 7.6 m Kianna SHE-115-03  Unconformity (UC) mineralization grading 21.2% U3O8 over 4.3 m Kianna SHE-115-11  Basement (B) mineralization grading 13.2% U3O8 over 4.5 m Shea Creek - Mineralization - 17 -
  • 18. TSX: UEX www.uex-corporation.com Selected High-Grade Drilling Results Colette  SHE-111-06 (B) 23.9% U3O8 over 0.5 m Kianna  SHE-114-19 (P) 33.6% eU3O8 over 1.3 m  SHE-115-10 (B) 24.3% U3O8 over 2.5 m  SHE-123-06 (UC) 32.3% U3O8 over 1.1 m Anne  SHE-087 (B) 34.7% U3O8 over 1.9 m  SHE-096-03 (UC) 29.2% U3O8 over 3.4 m  SHE-099 (UC) 60.6% U3O8 over 1.2 m Shea Creek - Mineralization - 18 -
  • 19. TSX: UEX www.uex-corporation.com Kianna Deposit: Wireframe Model Side view facing SW: perched, unconformity and basement mineralization are clearly visible. SHE-115-03: GT 114 9.34% U3O8/12.2 m SHE-115-05: GT 73 7.83% U3O8/7.2 m SHE-115-08: GT 91 6.17% U3O8/6.7 m SHE-114-05: GT 224 20.7% eU3O8/10.2 m SHE-118: GT 50 6.30% U3O8/7.9 m SHE-115-10: GT 144 8.58% U3O8/15.0 m SHE-115-11: GT 88 5.36% U3O8/16.5 m SHE-114-11: GT 254 4.09% eU3O8/45.0 m SHE-114-19: GT 71 5.94% eU3O8/12.0 m SHE-115-04: GT 48 2.55% U3O8/19.0 m SHE-114-20: GT 145 1.02% eU3O8/141 m SHE-114-09: GT 144 4.64% eU3O8/22.2 m SHE-115-18: GT 115 8.42% eU3O8/12.6 m SHE-114-07: GT 70 7.37% U3O8/9.5 m GT is presented for the entire drill hole along with the Grade/Thickness of the major intercept. Perched Unconformity Basement Basement Zone (2011) Basement Zone Upper Kianna East (2012) Basement Zone Kianna East (2012) Shea Creek - Kianna Deposit - 19 -
  • 20. TSX: UEX www.uex-corporation.com Anne Deposit: Wireframe Model Side view facing NE: perched, unconformity and basement mineralization are clearly visible. SHE-095-03: GT 86 4.41% U3O8/14.9 m SHE-099-02: GT 101 5.65% U3O8/17.9 m SHE-087: GT 70 11.6% U3O8/6.0 m SHE-099: GT 84 10.0% U3O8/8.4 m SHE-099-03: GT 36 2.61% U3O8/13.6 m SHE-100-01: GT 110 3.32% U3O8/25.1 m SHE-122-05: GT 75 3.64% U3O8/20.5 m SHE-122-01: GT 163 4.21% U3O8/36.0 m SHE-096-03: GT 143 5.42% U3O8/19.0 m SHE-101-02: GT 32 3.75% U3O8/8.6 m SHE-016: GT 39 4.32% U3O8/9.1 m GT is presented for the entire drill hole along with the Grade/Thickness of the major intercept. SHE-109-05: GT 79 7.24% U3O8/8.7 m SHE-109-06: GT 40 4.51% U3O8/8.9 m Unconformity Perched Basement Shea Creek - Anne Deposit - 20 -
  • 21. TSX: UEX www.uex-corporation.com Colette Deposit: Wireframe Model View from above the unconformity facing SE with 58B, Kianna and Anne visible in the distance. SHE-052: GT 39 2.34% U3O8/16.8 m SHE-065: GT 21 1.73% U3O8/11.9 m SHE-111-06: GT 26 3.23% U3O8/8.0 m SHE-059: GT 27 4.10% U3O8/6.6 m GT is presented for the entire drill hole along with the Grade/Thickness of the major intercept. SHE-066-2: GT 33 1.28% eU3O8/26.0 m SHE-066-3: GT 34 1.22% eU3O8/27.9 m Unconformity mineralization ANNE KIANNA 58B Basement mineralization COLETTE KIANNA EAST Shea Creek - Colette Deposit - 21 -
  • 22. TSX: UEX www.uex-corporation.com 58B Deposit: Wireframe Model View from above the unconformity facing SE with Kianna and Anne visible in the distance.  Mineralization at 58B has now been traced over a strike length of 400 metres and occurs over a width of up to 110 metres in plan view.  Broad areas of the highly prospective structural corridor hosting 58B remain sparsely tested and open in several directions. SHE-133-5: GT 19.5 6.53% eU3O8/1.6 m SHE-133-6: GT 11.8 6.17% eU3O8/1.6 m SHE-133-7: GT 22.7 2.13% eU3O8/10.6 m GT is presented for the entire drill hole along with the Grade/Thickness of the major intercept. SHE-133-3: GT 20.2 1.81% eU3O8/7.6 m SHE-133-4: GT 21.2 6.55% eU3O8/2.4 m Unconformity mineralization KIANNA Basement mineralization 58B KIANNA EAST ANNE Shea Creek - 58B Deposit - 22 -
  • 23. TSX: UEX www.uex-corporation.com  Hosts the sixth largest undeveloped uranium resource in the Athabasca Basin.  Known deposits: ‒ Horseshoe, Raven and West Bear Horseshoe-Raven Camp  The 2010 N.I. 43-101 preliminary economic assessment report (PA) indicates that the project could yield EBIT of C$246M, pre-tax NPV of C$163M and IRR of 42%(1)(2) at a price of US$60/lb U3O8. HIDDEN BAY PROJECT - 23 - 100% owned (1) These results are included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online under UEX’s profile at www.sedar.com. (2) Projects in the mining sector have experienced rising costs, including rising capital and operating costs, during the past few years. Rising capital and operating costs would, in the absence of other changes, negatively impact EBIT, NPV and IRR which have been calculated based upon historical costs. Accordingly, readers should bear these factors in mind when reading the PA and should not place undue reliance on the PA. Aerial view of Horseshoe-Raven Camp
  • 24. TSX: UEX www.uex-corporation.com  Horseshoe and Raven are approximately 4 km from Cameco’s Rabbit Lake Mill and 22 km from AREVA’s McClean Lake Mill. This proximity creates the opportunity for toll milling arrangements to be negotiated.  Hydroelectric transmission lines that service both of these facilities pass 3 km to the north of the deposits.  Provincial Highway 905 provides access to the deposits and the local uranium mills. - 24 - HIDDEN BAY PROJECT
  • 25. TSX: UEX www.uex-corporation.com  The Hidden Bay Project is 100% owned by UEX and contains three known uranium deposits:  Horseshoe  Raven  West Bear  The Hidden Bay Project contains the sixth largest undeveloped uranium resource in the Athabasca Basin.  Cumulative Expenditures As at December 31, 2013  Exploration C$59.9 million  Development C$ 6.8 million  Future Work  Additional greenfields drilling exploration at Hidden Bay has been deferred temporarily until market conditions improve. Hidden Bay - Overview - 25 -
  • 26. TSX: UEX www.uex-corporation.com  The February 2011 N.I. 43-101 Preliminary Assessment Technical Report (“PA”) prepared by SRK Consulting (Canada) Inc. recommends that the project be advanced to a preliminary feasibility level, and that this next phase of study also include UEX’s West Bear Deposit. These results are included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online under UEX’s profile at www.sedar.com.  The PA utilized cut-off grades calculated on the basis of $60 (US) per lb of U3O8 and estimated 16.6 million lbs of U3O8 could be extracted over a seven-year mine life.  Base Case economics at $60 (US) per lb of U3O8: Price U3O8 (per lb) Pre-Tax (Base Case)(1) EBIT (C$ millions) NPV5% (C$ millions) IRR (%) $60 (US) 246 163 42 “EBIT” Earnings before interest and taxes “IRR” Internal rate of return “NPV5%” Net present value (5% discount rate)  The Preliminary Assessment Technical Report is preliminary in nature, includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. (1) Projects in the mining sector have experienced rising costs, including rising capital and operating costs, during the past few years. Rising capital and operating costs would, in the absence of other changes, negatively impact EBIT, NPV and IRR which have been calculated based upon historical costs. Accordingly, readers should bear these factors in mind when reading the PA and should not place undue reliance on the PA. Horseshoe and Raven Economics - 26 -
  • 27. TSX: UEX www.uex-corporation.com  Uranium processing and tailings management, as envisioned in the PA, would be conducted through a toll arrangement* at one of two milling facilities located near Horseshoe and Raven:  The Rabbit Lake Mill within 4 km, operated by Cameco  The McClean Lake Mill within 22 km, operated by AREVA  The PA has focused on Cameco’s Rabbit Lake Mill as it has excess capacity and is the closer of the two facilities.  The Hidden Bay Project has opportunities for the improvement of economics, including:  Expansion of mineable tonnes due to an increase in U3O8 price which would result in a lower cut-off grade and thus the conversion of a higher proportion of the existing resource base to reserves;  Expansion of mineable tonnes through discovery of additional resources at other locations on the Hidden Bay property; and  Inclusion of UEX’s West Bear Deposit in the overall project mine plan and economics. * Toll milling utilizes the excess capacity of an existing mill to process uranium ore, and is often a cost-effective alternative to constructing a new milling facility. Horseshoe and Raven Economics - 27 -
  • 28. TSX: UEX www.uex-corporation.com  UEX is focused on advancing the deposits at Horseshoe and Raven through pre-feasibility and ultimately to feasibility level to assess the potential economics and viability of mining the deposits.  Results from the July 2009 N.I. 43-101 mineral resource estimate prepared by Golder Associates Ltd. are shown in the table below. This resource is included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online under UEX’s profile at www.sedar.com. Deposit Indicated Resources at 0.05% U3O8 cut-off Inferred Resources at 0.05% U3O8 cut-off Tonnes U3O8 (%) U3O8 (lbs) Tonnes U3O8 (%) U3O8 (lbs) Horseshoe 5,119,700 0.203 22,895,000 287,000 0.166 1,049,000 Raven 5,173,900 0.107 12,149,000 822,200 0.092 1,666,000 Total 10,293,600 0.155 35,044,000 1,109,200 0.111 2,715,000 Horseshoe and Raven Resources - 28 -
  • 29. TSX: UEX www.uex-corporation.com Horseshoe and Raven Deposits  The Horseshoe and Raven Deposits lie in overall competent and impermeable quartzite, arkosic quartzite and calc-arkosic gneiss host rocks with no overlying Athabasca sandstone cover, highly favourable conditions for mining in the Athabasca Basin.  Vertical cross sections of the Horseshoe and Raven Deposits are shown above. - 29 -
  • 30. TSX: UEX www.uex-corporation.com Horseshoe and Raven Mineralization Nodular pitchblende rimmed by boltwoodite Pitchblende in hematite-clay Late yellow boltwoodite- uranophane HU-16 high grade intercept: 12.35 m @ 4.53% U3O8 - 30 -
  • 31. TSX: UEX www.uex-corporation.com  Results from the January 2009 N.I. 43-101 mineral resource estimate for the West Bear Deposit prepared by Golder Associates Ltd. are as follows: ‒ 78,900 tonnes grading 0.908% U3O8 in the Indicated category containing 1,579,000 pounds U3O8 at a cut-off grade of 0.05% U3O8. ‒ All resources are within 35 m of surface. This resource is included in a technical report on the Hidden Bay property with an effective date of February 15, 2011 available online under UEX’s profile at www.sedar.com. WEST BEAR RESOURCES - 31 - 100% owned
  • 32. TSX: UEX www.uex-corporation.com  The West Bear Deposit is a classic, unconformity-hosted uranium deposit developed under shallow Athabasca sandstone cover above a conductive graphitic gneiss unit.  The near-surface nature of the mineralization is amenable to shallow open-pit mining. WEST BEAR DEPOSIT - 32 - 35 m
  • 33. TSX: UEX www.uex-corporation.com  Second largest undeveloped uranium resource in Canada’s Athabasca Basin  49.1% owned by UEX in partnership with AREVA Resources Canada Inc.  Kianna, Anne, Colette and 58B contain an estimated 67.7 million lbs U3O8 Indicated and 28.2 million lbs U3O8 Inferred mineral resources(1)  Potential to grow our interest in known resources by up to 0.9% and our interest by up to 49.9% in future resources discovered by funding additional exploration at Shea Creek beyond the budgets proposed by the project operator  Shea Creek resources are open in almost every direction and have excellent potential for significant expansion as exploration continues  Sixth largest undeveloped uranium resource in the Athabasca Basin  100% owned by UEX Corporation  Positive Preliminary Assessment  Project will be advanced further when uranium commodity price justifies  Horseshoe, Raven and West Bear are host to an estimated 36.6 million lbs U3O8 Indicated and 2.7 million lbs U3O8 Inferred mineral resources(2)  Infrastructure near Hidden Bay is well developed, with two operating uranium ore processing facilities in the local area Shea Creek Hidden Bay (1) See “Shea Creek - Resources” on page 14 for % U3O8 grades and % U3O8 cut-off. (2) See “Horseshoe & Raven Resources” on page 28 for % U3O8 grades and % U3O8 cut-off. Project Summary - 33 -
  • 34. TSX: UEX www.uex-corporation.com Our primary objectives:  To continue the exploration and development work required to delineate and develop economic uranium resources at the Shea Creek Project;  To advance the development process at the Horseshoe, Raven and West Bear uranium deposits to a production decision;  To maintain, explore and advance to discovery our other uranium projects; and  To pursue a diversified portfolio of uranium projects from early exploration through to development and production, which may include outright property acquisitions or other business combinations. Growth Strategy - 34 -
  • 35. TSX: UEX www.uex-corporation.com Shea Creek Expansion of mineral resources into deposits of global significance Hidden Bay Advancing toward a production decision Looking Ahead - 35 -
  • 36. PRESENTATION ELEMENTS For more information: UEX Corporation Suite 1007 – 808 Nelson Street Vancouver, BC V6Z 2H2 www.uex-corporation.com Investor and Media Inquiries Contact: Roger Lemaitre, President & CEO +1 (604) 669-2349 uex@uex-corporation.com TSX: UEX UEXCF.PK Frankfurt: UXO.F International OTC Markets