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Tue 6 Jun 2006, 16:14 sxr Uranium One Inc. - Trading Symbol: SXR - The T
SXR
 SXR                                                                             
sxr Uranium One Inc. - Trading Symbol: SXR - The Toronto Stock Exchange         
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 Inc.                                                            
26 Wellington Street East, Suite 820                                            
Toronto, Ontario M5E 1S2                                                        
Trading Symbol: SXR - The Toronto Stock Exchange                                
NEWS RELEASE                                                                    
June 6, 2006                          Toronto, Ontario                          
Uranium One Appoints New Head of Australian Operations                          
Toronto, Ontario and Johannesburg, South Africa -- Uranium One is pleased to    
announce the appointment of Greg Cochran as Executive Vice President, Australia 
and Asia.  Mr. Cochran will be based in Adelaide, South Australia and will be   
responsible for leading the growth of Uranium One"s Australasian operations,    
including its Honeymoon Uranium Project in South Australia.                     
Mr. Cochran has over 20 years experience in the international mining industry,  
most recently with Mitsubishi Development (Pty) Limited, where he was           
responsible for global uranium and metallurgical and thermal coal business      
development activities. Before joining Mitsubishi, Mr. Cochran was a Principal  
Consultant with Heuris Partners, a Melbourne-based strategy consultancy.        
Earlier in his career, Mr. Cochran was employed at BHP Billiton and predecessor 
entities for over 15 years, rising to the level of Vice President, Business     
Development for the development of the company"s international diamonds and     
industrial minerals businesses.                                                 
Mr. Cochran is a registered professional engineer and holds a MSc. in Mining    
Engineering and Mineral Economics from the University of the Witwatersrand in   
South Africa and an MBA from Cranfield University in the UK.  He also holds     
South African mine manager"s certificates of competency for both metalliferous  
and coal mines.                                                                 
About sxr Uranium One                                                           
sxr Uranium One Inc. is a Canadian uranium and gold resource company with a     
primary listing on the Toronto Stock Exchange and a secondary listing on the    
Johannesburg stock exchange. The Corporation owns the Dominion Uranium Project  
in South Africa and the Honeymoon Uranium Project in South Australia, as well as
a number of exploration projects.  The Corporation holds a 79% interest in      
Aflease Gold Limited, which owns the Modder East gold project in South Africa.  
Through a joint venture with Pitchstone Exploration Ltd., the Corporation is    
also engaged in uranium exploration activities in the Athabasca Basin of        
Saskatchewan.                                                                   
For further information please contact:                                         
Neal Froneman                                                                   
Chief Executive Officer                                                         
Tel: + 27 11 482-3605                                                           
John Fraser                                                                     
Corporate Communications                                                        
Tel: + 27 11 482-3605                                                           
Don Falconer                                                                    
VicePresident, Investor Relations                                               
Tel: +1 416 350-3657                                                            
To receive the Corporation"s news releases by email, contact John Fraser,       
Corporate Communications at john@uranium1.com or Don Falconer, Investor         
Relations, at don@uranium1.com.  The TSX has neither approved nor disapproved of
the information contained herein.                                               
Date: 06/06/2006 04:14:13 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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