Results: Annual General Meeting of Shareholders

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.

Each of Messieurs Glenn J. Mullan, Andrew T. Pepper, Michael H. Wilson, and Dr. C. Jens Zinke shall service the Company as directors until the next annual general meeting of shareholders. Messrs. Pepper, Wilson, and Zinke are considered to be independent.

About Uranium Valley Mines Ltd.: Uranium Valley Mines Ltd. holds a 100% interest in the Mistassini-Otish Property, as well as a 40% interest in a joint venture uranium property in Saskatchewan (the Beartooth Island Property); and may acquire and generate other uranium ventures in Canada and elsewhere.

Forward-Looking Statements:

This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Neither the 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 news release.

Golden Valley Mines Ltd.
Glenn J. Mullan
Chairman, President, and CEO
+1.819.824.2808 ext. 204