Uranium Participation Corporation (TSX:U) reported its estimated net asset value at January 31, 2016 was CAD$729.5 million or CAD$6.31 per share.

As at January 31, 2016, UPC’s investment portfolio consisted of the following:

(in thousands of Canadian dollars, except quantity amounts)			Quantity	Fair Value
Investments in Uranium:
Uranium oxide in concentrates (“U3O8“)		9,470,024 lbs	$	463,349
Uranium hexafluoride (“UF6“)		1,903,471 KgU	$	258,0231
$	721,372
U3O8 market value per pound:
– In Canadian dollars	$	48.932
– In United States dollars	$	34.75
UF6 market value1 per KgU:
– In Canadian dollars	$	135.55 2
– In United States dollars	$	96.27

1	The fair value of UF6 has been reduced by $1,276,000 to reflect the risk associated with the remaining material held at the USEC Facility.
2	Market values are month-end spot prices published by Ux Consulting Company, LLC, translated at the month-end noon exchange rate of $1.4080.

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