UEX Corp. reported unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss before investment income of CAD 1,710,179, loss before income tax of CAD 1,698,198 and net loss and comprehensive loss of CAD 1,638,125 or CAD 0.009 basic and diluted per share against loss before investment income of CAD 2,356,098, loss before income tax of CAD 2,104,814 and net loss and comprehensive loss of CAD 2,098,103 or CAD 0.011 basic and diluted per share for the same period a year ago. Cash flow used in operating activities was CAD 191,187, mineral property expenditures was CAD 4,218,277 and purchase of equipment was CAD 9,203 against cash flow from operating activities was CAD 631, mineral property expenditures was CAD 7,759,521 and purchase of equipment was CAD 10,420 for the same period a year ago. For the nine months, the company reported loss before investment income of CAD 7,489,311, loss before income tax of CAD 7,413,011 and net loss and comprehensive loss of CAD 7,198,438 or CAD 0.038 basic and diluted per share against loss before investment income of CAD 9,889,291, loss before income tax of CAD 8,847,444 and net loss and comprehensive loss of CAD 8,827,357 or CAD 0.048 basic and diluted per share for the same period a year ago. Cash flow used in operating activities was CAD 818,452, mineral property expenditures was CAD 15,540,820 and purchase of equipment was CAD 16,396 against cash flow used in operating activities was CAD 52,253, mineral property expenditures was CAD 23,598,047 and purchase of equipment was CAD 34,133 for the same period a year ago.

UEX Corp.'s president and chief executive officer, Stephen Sorensen, will retire effective November 1, 2009. Sorensen will also resign as a director of UEX. The board of directors has appointed Graham Thody, UEX director and chairman of the board to succeed Mr. Sorensen as president and chief executive officer. His appointment will commence upon Sorensen's retirement. Thody has been a director of UEX since the 2001 inception of the company as a pure uranium explorer. He has been actively involved in the acquisition and advancement of its exploration and development properties.

UEX Corp. reported earnings results for the second quarter and six months ended June 30, 2009. For the quarter, loss before Investment income was $5,330,193 against $6,245,413 for the same period a year ago. Loss before income taxes was $5,311,804 against $5,933,946 for the same period a year ago. Net loss and comprehensive loss for the period was $5,231,009 or $0.0027 per share against $5,922,594 or $0.032 per share for the same period a year ago. Net cash used in operating activities was $213,087 against $34,022 for the same period a year ago. Capital expenditure was $3,565,761 against $7,009,996 for the same period a year ago. For the six months, loss before Investment income was $5,779,132 against $7,533,193 for the same period a year ago. Loss before income taxes was $5,714,813 against $6,742,630 for the same period a year ago. Net loss and comprehensive loss for the period was $5,560,313 or $0.0030 per share against $6,729,254 or $0.037 per share for the same period a year ago. Net cash used in operating activities was $627,265 against $52,884 or the same period a year ago. Capital expenditure was $11,329,736 against $15,862,239 for the same period a year ago.