Macusani Yellowcake : Plateau Uranium Appoints Dennis Higgs to Board of Directors

Mr. Higgs has been involved in the financial and venture capital markets in the United States, Canada and Europe for over thirty years. He founded his first mining exploration company in 1983 and has since been involved in the founding, initial public listing, financing, and building of several companies including Uranerz Energy Corporation, Arizona Star Resource Corp. and BioSource International Inc.
As Executive Chairman of Uranerz for over nine years, Mr. Higgs played an instrumental role in the acquisition, financing, development, and production start-up of Uranerz's Nichols Ranch in-situ recovery uranium production facility, located in the Powder River Basin of Wyoming. Mr. Higgs currently serves on the board of Energy Fuels Inc., an integrated uranium producer focused solely in the United States, following its C$320 million business combination with Uranerz in June 2015. Dennis holds a Bachelor of Commerce degree from the University of British Columbia.
Ted O'Connor, CEO of Plateau Uranium, commented: "We are very pleased to welcome Dennis to the Board of Directors of Plateau. He brings extensive uranium mining industry, management, and corporate finance expertise, and we are delighted to be able to add someone of his calibre to our Board. His achievements at Uranerz, industry insight, and strong relationships with uranium-focused investors in Canada and the US, adds an important dimension to our Board and we look forward to his future contributions."

Plateau Uranium Inc. is a Canadian uranium exploration and development company focused on its properties on the Macusani Plateau in southeastern Peru. The Company controls all reported uranium resources known in Peru and mineral concessions that cover over 100,000 hectares (1,000 km2) situated near significant infrastructure. Plateau Uranium is listed on the TSX Venture Exchange under the symbol 'PLU' and the Frankfurt Exchange under the symbol 'QG1'. The Company has 40,639,863
shares outstanding. For more information please visit www.plateauuranium.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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