UUL Universal Uranium Ltd.

Universal Uranium Ltd. (TSX VENTURE:UUL) (the "Company") announced that the B.C.
Supreme Court has handed down a judgment granting the Company's application for
an injunction ordering the release from escrow of shares and warrants of
Crosshair Exploration & Mining Corp. ("Crosshair") due to the Company under an
escrow agreement between the Company and Crosshair.


The judgment relates to an action commenced by Crosshair in April, 2009. The
Crosshair action seeks rescission of two agreements, one being a property
purchase agreement under which Crosshair acquired the Company's mineral claims
in the central mineral belt in Labrador, and the other being a private placement
agreement under which Crosshair purchased units of the Company. At the time the
Crosshair action was commenced, Crosshair caused the escrow agent to halt the
release of Crosshair shares and warrants that formed part of the consideration
for the Company's Labrador mineral claims and that had been placed in escrow
pursuant to the property purchase agreement.


In May, 2009, the Company filed a Statement of Defence and Counterclaim denying
that Crosshair was entitled to rescission of the property purchase and private
placement agreements and asserting that the Crosshair action was an abuse of
process. The Statement of Defence and Counterclaim also seeks damages for the
loss of the Company's opportunity to market the Crosshair shares to which the
Company is entitled.


In August, 2009, the Company applied for an injunction directing the escrow
agent to release the Crosshair shares and warrants from escrow and restraining
Crosshair from further interfering with the release of those shares and warrants
pending trial of the Crosshair action. Crosshair brought a cross-application for
an injunction restraining the escrow agent from releasing the Crosshair shares
and warrants to the Company pending the trial. The two applications were heard
together on December 3, 2009.


In its March 16, 2010 judgment, the Court granted the injunction sought by the
Company. The Court also dismissed Crosshair's application and directed the
escrow agent to release to the Company the shares and warrants due to the
Company under the escrow agreement. There are currently 5,715,000 Crosshair
shares and 4,284,000 Crosshair warrants that must be released to the Company by
the escrow agent pursuant to the judgment.


A trial of the action is scheduled for September 20, 2010. The Company considers
the Crosshair action to be without merit and will continue to vigorously defend
the Crosshair action and pursue the Company's counterclaim.


Universal Uranium Ltd. (TSX VENTURE:UUL) is a publicly held Canadian exploration
company focused on acquiring, exploring and developing mineral properties
located in favorable geo-political climates. The company is led by a highly
skilled, experienced board and management team with significant successes in
managing early stage mineral exploration companies.


ON BEHALF OF THE BOARD:

Ronald Atlas, President & Chairman of the Board

The Company seeks Safe Harbour.

Standard & Poor's Listed

Issued Share Capital: 47,284,068

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