Mr. Paul Goranson reports

URANERZ ANNOUNCES NEW MINE MANAGER AT NICHOLS RANCH

Bernard Bonifas has joined Uranerz Energy Corp. as mine manager at the company's Nichols Ranch ISR (in situ recovery) uranium project in the Powder River basin of Wyoming, United States.

Mr. Bonifas has over 29 years of experience in the uranium business, and he was most recently operations manager at Urtek LLC, a company in partnership with Cameco Corp., where he spearheaded the operation of an innovative pilot facility that recovered unused uranium from phosphate. Prior to his work with Urtek, Mr. Bonifas was acting general manager at Cameco Resources, a subsidiary of Cameco, where he was responsible for the oversight of the Smith Ranch-Highland and North Butte ISR uranium mines. Prior to his employment with Cameco, Mr. Bonifas spent nearly 26 years with Areva (and its predecessor company, Cogema), where he managed ISR uranium operations in Texas and Wyoming, as well as mine and mill reclamation projects in the U.S. and Africa. As part of his roles at Areva and Cameco Resources, he also provided technical support to their respective ISR uranium projects in Kazakhstan. Mr. Bonifas has been involved in virtually every aspect of the uranium mining industry, and his experience includes exploration, construction, production and restoration of depleted mines.

Paul Goranson, Uranerz's president and chief operating officer, commented, "We are very pleased to add a mine manager of Mr. Bonifas's calibre to our production team, and believe that his industry knowledge and experience will benefit Uranerz."

We seek Safe Harbor.