Uranerz Energy Corporation

Uranerz Energy Corporation is a pure-play uranium company listed on the NYSE Amex Exchange (Symbol URZ), Toronto Stock Exchange (Symbol URZ), and Frankfurt Stock Exchange (Symbol U9E).Uranerz Energy Corporation is engaged in the acquisition, exploration and development of properties in the uranium sector. The Company's goal is to become a producer of uranium which will be utilized as fuel in the world's nuclear power plants.Uranerz Energy Corporation has an experienced team of mining personnel, many of whom are former officers, senior management and employees of the original Uranerz Exploration and Mining Limited and related companies (the "Uranerz Group"). The Uranerz Group was the third-largest primary uranium producer in the world when it was acquired in 1998 by Cameco, the world's largest primary uranium producer at that time. There are nine persons with Uranerz Energy Corporation that are from the original "Uranerz Group" of companies.

Uranerz Energy Corporation has expertise in the in-situ recovery ("ISR") mining method. Our management team has direct experience in licensing, designing, constructing and/or operating seven separate in-situ recovery uranium mines located in Wyoming, Texas, Nebraska, and Kazakhstan.The Company's Powder River Basin, Wyoming uranium properties are advanced, and the Company has submitted (in December 2007) license and permit applications to the Federal and State regulatory agencies for the development of two of these projects into commercial ISR uranium mines. Uranerz has over 25 uranium projects in various stages of activity (development, exploration) in the Powder River Basin.Uranerz has signed long-term contracts for the sale of uranium to two of the United States' largest nuclear operators, including Exelon (which operates the largest nuclear fleet in U.S. and the third largest in the world).ISR mining comprised 36% of global uranium production in 2009 according to the World Nuclear Association. Wyoming ISR advantages include low capital costs, low operating costs, and low environmental impact. Wyoming is the largest uranium producer in the United States with a long ISR history and has the largest known uranium resource base in the USA. Uranerz management has a record of licensing and operating commercial ISR projects.