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Fri 3 Feb 2006, 9:38 sxr Uranium One Announces Change of Auditor Follow
SXR
 SXR                                                                             
sxr Uranium One Announces Change of Auditor Following Completion of Arrangement 
sxr Uranium One Inc                                                             
(Formerly Southern Cross Resources Inc.)                                        
(Incorporated in Canada)                                                        
(Registration number: 15096422420)                                              
Share code on the JSE: SXR & ISIN: CA87112P1062                                 
Share code on the TSX: SXR & ISIN: CA87112P1062                                 
("Corporation")                                                                 
sxr Uranium One Announces Change of Auditor Following Completion of Arrangement 
Sxr Uranium One Inc. announced today that, in connection with the completion of 
the arrangement under the South African Companies Act pursuant to which the     
Corporation acquired all of the issued ordinary shares of Aflease Gold and      
Uranium Resources Limited, KPMG LLP has submitted its resignation as auditors of
the Corporation and that PricewaterhouseCoopers LLP has been appointed as       
successor auditors of the Corporation. PricewaterhouseCoopers Inc. of South     
Africa has been the auditors of the Corporation"s Aflease Gold and Uranium      
Resources subsidiary for the past four financial years.                         
Cautionary note concerning forward-looking statements: Statements in this       
release that are not historical facts are "forward-looking statements" involving
known and unknown risks and uncertainties which are beyond the ability of the   
Corporation to control or predict and which could cause actual events or results
to differ materially from those anticipated in such forward-looking statement.  
The TSX has neither approved nor disapproved of the information contained       
herein.                                                                         
For further information: Don Falconer, Vice-President,                          
Marketing and Investor Relations, Tel: (416) 350-3657,                          
Email: don(at)uranium1.com;                                                     
John Fraser, Manager, Corporate Communications,                                 
Tel: + 27 11 482-3605, Email: john(at)uranium1.com                              
Date: 03/02/2006 09:38:12 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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