UraniumSA Limited announced that its founding Managing Director, Mr. Russel Bluck, has confirmed to the Board his intention to step down from that position, effective immediately, under the company's planned succession strategy. Mr. Bluck will remain a Director of UraniumSA and will continue in an executive role as the Company's Geoscience Manager. The Board welcomed this continued commitment and publicly paid tribute to Mr. Bluck's capacity to contribute to the success of UraniumSA as it pursues its dual strategy of commercial development of the advanced Samphire uranium project and discovery through exploration.

UraniumSA Executive Director, Mr. David Paterson, will fill the position of Acting Chief Executive Officer of UraniumSA and has been tasked by the Board with implementing a range of strategic changes to deliver further value to shareholders.