Uranerz Receives WDEQ Permit to Mine for Uranium

Uranerz Energy Corporation URZ is pleased to announce that the State of Wyoming, Department of Environmental Quality, has issued the commercial Permit to Mine for the Company's Nichols Ranch In-Situ Recovery Uranium Project located in Johnson and Campbell counties in the Central Powder River Basin of Wyoming, U.S.A. The Nichols Ranch project contains an estimated 5.5 million pounds of uranium resources and will serve as a platform to develop the Company's other Powder River Basin projects through the permit amendment provisions of the regulatory process.