Uranium North Resources Corp fka UNR (UNR)

[EnergyGuy62]

Uranium North Completes FlowThru-Financing

VANCOUVER, June 23, 2009 -- Uranium North Resources Corp. (TSX-V: UNR) reports that the non-brokered, flow-through private placement announced on May 28, 2009 has closed for gross proceeds of $271,502. A total of 2,262,517 flow-through common shares at a purchase price of $0.12 per share have been issued.

Finders' warrants representing 7% of the number of flow-through shares sold by the finders were paid as follows: Dundee Securities Corporation 14,000 warrants; Haywood Securities Inc. 7,000 warrants; Union Securities Ltd. 11,666 warrants. The Finders' warrants are exercisable at $0.20 per share until June 22, 2010.

All the securities issued hereunder are subject to a four month hold period and may not be traded until October 23, 2009.

On behalf of Uranium North Resources,

Mark Kolebaba
President and CEO

For further information please contact:
Uranium North Resource Corp
Corporate Communication- Heather Kays
Tel: [phone]
Fax: [phone]
Website: www.uraniumnorth.com
Email: [e-mail]