Val-d’Or, Québec – May 5, 2016 – Uranium Valley Mines Ltd. (TSX-V:VZZ) (the “Company”) announces that its listing on the TSX Venture Exchange has been transferred by the Exchange to NEX until such time as the Continued Listing Requirement deficiency identified by the Exchange can be rectified.

Val-d’Or, Québec – Uranium Valley Mines Ltd. (TSX-V: VZZ, the “Company”) announces that it has entered into an agreement with 2973090 Canada Inc. (the “Optionor”) pursuant to which the Company has an option (the “Option”) to acquire a 100% interest in four mining claims located in Langmuir Township, Ontario, known as the Porcupine Miracle Prospect (the “Property”).

Val-d’Or, Québec – Uranium Valley Mines Ltd. (TSX-V: VZZ, hereinafter “Uranium Valley” or the “Company”) announces the results of its Annual General Meeting of Shareholders (the “Meeting”) held on June 12, 2013, in Montreal, Quebec. At the Meeting, shareholders approved all resolutions put before them by management, including the election of all director nominees, the appointment of the auditor, and the approval of the previously adopted stock option incentive plan, as required annually by the policies of the TSX Venture Exchange.