Uranium One Announces a 147% Increase in Quarterly Production to a Record 1.8 Million Pounds in Q1 2010

Uranium One Inc. ("Uranium One") today reported operational and financial results for the quarter ending March 31, 2010. The financial statements, as well as the accompanying management's discussion and analysis, are available for review at www.uranium1.com and should be read in conjunction with this news release. All figures are in U.S. dollars unless otherwise indicated. All references to pounds sold or pounds produced are to pounds of U(3)O(8).

Hathor Intersects 22.5% U3O8 Over 12 m at Roughrider East

Hathor Exploration Limited (TSX VENTURE: HAT) is pleased to announce more high grade uranium assays from the first 15 drill holes completed at Roughrider East during the recent 2010 winter drill program on its Midwest Northeast project. Highlights include:

- MWNE-10-602A: 6.29% U3O8 over 5.0 m, starting at 260.5 m depth
- MWNE-10-604A: 9.15% U3O8 over 8.0 m, starting at 289.0 m depth
- MWNE-10-608: 5.34% U3O8 over 15.5 m, starting at 293.5 m depth
- MWNE-10-609: 3.65% U3O8 over 25.5 m, starting at 294.5 m depth
- MWNE-10-610: 22.5% U3O8 over 12.0 m, starting at 286.0 m depth
- MWNE-10-612: 11.75% U3O8 over 19.0 m, starting at 311.0 m depth
- MWNE-10-613: 1.25% U3O8 over 16.0 m, starting at 293.0 m depth

Khan Receives Notice of License Invalidations

Khan Resources Inc. (TSX: KRI) ("Khan") announced today that its 58%-owned Mongolian joint venture subsidiary, Central Asian Uranium Company, LLC ("CAUC") and its 100%-owned Mongolian subsidiary, Khan Resources LLC ("Khan Mongolia") have received notice from the Mongolian Nuclear Energy Agency (the "NEA") stating that CAUC's mining license 237A (the "Mining License") and Khan Mongolia's exploration license 9282X (the "Exploration License") have been invalidated. The invalidations purport to be effective as of October 8, 2009 and purport to be based on a failure by CAUC and Khan to address violations of Mongolian law stemming from a July 2009 report issued by an inspection team appointed by the Mongolian State Specialized Inspection Agency (the "SSIA") in respect of the Mining License.

Fission Vertical Step Out Intersects 6m of 14.70% U308 at Unconformity, Including 4m Grading 21.20% U308 and 0.5m of 50.6% U308

FISSION ENERGY CORP. ("Fission" or the "Company") (TSX VENTURE: FIS) and its joint venture partner, the KEPCO Consortium, are pleased to announce that drill hole WAT10-071, a 10m vertical step-out south of the high grade mineralization encountered in hole WAT10-070B (17m grading 3.99% U308 including 7m grading 7.48%; see press release dated March 4, 2010), intersected 6m of 14.70% U308 at the unconformity (199m-205m). This interval includes 4m grading 21.20% U308, with a maximum grade of 50.6% across 0.50m. These intervals represent some of the best overall composite assays received to date for the J-Zone. In addition, hole WAT10-072C, a vertical step-out located 10m to the north of hole WAT10-070B intersected 5m of 1.18% U308 at the unconformity (196.5m-201.5m), including 1.50m grading 3.04% U308.