Uranium Participation Corporation is a Canada-based investment company. The Company invests all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6). The Company invests at least 85% of the proceeds of its equity offerings in uranium, with the primary objective of achieving appreciation in the value of its uranium holdings. The Corporation also lends its uranium to third parties from time to time. The Company�s uranium is held directly or indirectly through its subsidiary, Uranium Participation Cyprus Limited. Denison Mines Inc. (The Manager) provides general administration and management services to the Company.