Uranerz Energy Corporation (URZ)

[hardcore holly]

Uranerz Signs Contract With Exelon for Sale of Uranium

Exelon operates the largest and most efficient nuclear fleet in the United States and the third largest commercial nuclear fleet in the world.

You can find more on Exelon at:
http://www.exeloncorp.com/aboutus/

CASPER, WYOMING--(Marketwire - 07/23/09) - Uranerz Energy Corporation ("Uranerz" or the "Company") (TSX:URZ - News)(AMEX:URZ - News)(Frankfurt:U9E - News) is pleased to announce that it has entered into a uranium sales agreement with Exelon Generation Company, LLC, which operates one of the largest and most efficient commercial nuclear fleets in the world.


The agreement is a long term contract with deliveries over a five year period and defined pricing in each year.

Uranerz is continuing to actively pursue further uranium sales opportunities to develop a portfolio that reflects a balance between market related and fixed price contracts, thus providing appropriate exposure to market price fluctuations and pricing diversification.