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Wed 12 Jul 2006, 10:49 sxr Uranium One Inc - Company Press Release
SXR
 SXR                                                                             
sxr Uranium One Inc - Company Press Release                                     
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")                                                                 
26 Wellington Street East, Suite 820                                            
Toronto, Ontario M5E 1S2                                                        
Trading Symbol: SXR - Toronto Stock Exchange, Johannesburg Stock Exchange       
NEWS RELEASE                                                                    
Wednesday, July 12, 2006                          Toronto, Ontario              
Uranium One Announces Details of Conference Call to Discuss U.S. Uranium        
Strategy                                                                        
Trading Symbol: SXR - Toronto Stock Exchange, JSE Limited                       
TORONTO, ON, and JOHANNESBURG, South Africa, July 11 /CNW/ Mr. Neal Froneman,   
CEO of sxr Uranium One Inc., will be hosting a conference call today, Wednesday,
July 12, 2006 at 11:00 am Eastern time (5:00 pm South African time) to discuss  
the company"s U.S. uranium strategy. A presentation will be posted on our       
website prior to the call.                                                      
The Canadian dial in number is 416-641-6106. The North American toll free dial  
in number is 1-866- 5424238. International participants (excluding South Africa)
must dial their international access code followed by 800-9559-6854.            
South African participants must dial the Canada Direct access number which is 0-
800-99-00 14. When prompted to select the Long Distance Carrier, select Option 1
(Bell Canada). When prompted to select the service required, select Option 2    
(Collect Call). Participants must then provide the operator with the conference 
dial in number which is 416-641-6106.                                           
A replay of the conference call will be available for 48 hours at 416-695-5800  
(Canada) or 1-800-408- 3053 (North American toll free). The pass code for the   
replay is 3192554 followed by the number sign.                                  
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 JSE
Limited.                                                                        
The Corporation owns the Dominion Uranium Project in South Africa and the       
Honeymoon Uranium Project in South Australia, and is actively pursuing growth   
opportunities in the western United States. 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.                                                          
Cautionary note concerning forward-looking statements and disclosure of mineral 
resources:                                                                      
Statements in this release that are not historical facts are `forward-looking   
statements" involving known and unknown risk 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 statements.                                                     
To receive the Corporation"s news releases by email, contact John Fraser,       
Corporate Communications at john@uranium1.com or Chris Sattler, Vice President, 
Investor Relations, at chris@uranium1.com.  The TSX has neither approved nor    
disapproved of the information contained herein.                                
For further information: Neal Froneman, Chief Executive Officer, Tel: +27 11 482
3605; Chris Sattler, Vice President, Investor Relations, Tel: (416) 350-3657    
Date: 12/07/2006 10:49:25 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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