UEX appoints Ed Boney as Chief Financial Officer

VANCOUVER, April 28 /CNW/ --
Trading Symbol: UEX-TSX

VANCOUVER, April 28 /CNW/ - UEX Corporation ('UEX') is pleased to
announce the appointment of Ed Boney, CA as Chief Financial Officer.

Mr. Boney is a member of the Institute of Chartered Accountants of
British Columbia and the Canadian Institute of Chartered Accountants.
He holds a Bachelor of Commerce degree (with Distinction) from the
University of Victoria as well as a Diploma in Accounting from the
University of British Columbia.

Prior to joining UEX, Mr. Boney held the position of Corporate
Controller at Century Mining Corporation ('Century'), a Canadian junior
gold mining company with producing mines in Canada and Peru. 

Previous to working with Century, Mr. Boney was a manager at Deloitte &
Touche ('Deloitte') where he supervised the audits of several public
companies in the mining and natural resource sector. While employed
with Deloitte, Mr. Boney was also involved in the asset valuations of
several companies in the Canadian oil and gas sector as well as being
seconded for eighteen months on a major international forensic
accounting assignment.

UEX welcomes Mr. Boney as a valued addition to its executive team.

About UEX

UEX is a Canadian uranium exploration and development company actively
involved in 18 uranium projects, including six that are 100% owned and
operated by UEX, one joint venture with AREVA that is operated by UEX,
as well as ten joint-ventured with AREVA and one under option from JCU
(Canada) Exploration Company, Limited, which are operated by AREVA. The
18 projects, totaling 338,972 hectares (837,618 acres), are located in
the eastern, western and northern perimeters of the Athabasca Basin,
the world's richest uranium belt, which accounts for approximately 22%
of the global primary uranium production. UEX is currently developing
several uranium deposits in the Athabasca Basin which include the
Kianna, Anne, Colette and 58B deposits at its 49%-owned Shea Creek
Project, a joint venture with AREVA in the western Athabasca Basin, and
the Horseshoe, Raven and West Bear deposits located at its 100%-owned
Hidden Bay Project in the eastern Athabasca Basin. With a cash position
of approximately $14 million, UEX is well-financed to carry out its
2011 exploration and development programs budgeted at approximately
$9.6 million.

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Graham C. Thody, President & CEO,
(604) 669-2349