Uranium Power Corp. Shareholders Approve Business Combination With Titan Uranium Inc.

SASKATOON, SK – Titan Uranium Inc. (TSX-V: TUE) ("Titan") and Uranium Power Corp. (TSX-V: UPC) ("UPC") are pleased to announce that UPC's shareholders voted in favour  of  the  previously  announced  business  combination  with  Titan,  pursuant  to  a  plan  of arrangement by which Titan will acquire all of  the  issued and outstanding  shares of UPC, at a special meeting of UPC's shareholders held today. Assuming final approval is obtained from the British Columbia Supreme Court, the business combination is expected to close on or about July 31, 2009.

Refer to the business combination agreement between Titan and UPC dated May 8, 2009 and the management  information  circular  of UPC  dated  June  23,  2009,  each  available  on  SEDAR  at www.sedar.com,  for  additional  information  regarding  the  Plan  of  Arrangement  and  matters related thereto. 

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain  information  contained  in  this  news  release  constitutes  forward-looking  information within  the  meaning  of  applicable  securities  legislation  (collectively,  "forward-looking statements").    All  statements  in  this  news  release  that  are  not  statements  of  historical  fact (including  statements  containing  the words  "assuming",  "expects",  "does  not  expect",  "plans", "anticipates",  "does  not  anticipate",  "believes",  "intends",  "estimates",    "estimates",  "projects", "potential",  "scheduled",  "forecast",  "budget"  and  similar  expressions)  should  be  considered forward-looking  statements.   All  such  forward-looking  statements are  subject  to  important  risk factors  and  uncertainties,  many  of  which  are  beyond  Titan  and  UPC's  ability  to  control  or predict.   A number of  important factors could cause actual results or events  to differ materially from those indicated or implied by such forward-looking statements.

Titan and UPC assume no obligation to update the information in this communication, except as otherwise  required  by  law.  Additional  information  identifying  risks  and  uncertainties  is contained  in  Titan’s  and  UPC's  respective  filings  with  the  various  provincial  securities commissions  which  are  available  online  at  www.sedar.com.    Forward-looking  statements  are provided  for  the  purpose  of  providing  information  about  the  current  expectations,  beliefs  and plans of the management of each of Titan and UPC relating to the future.  Readers are cautioned that such statements may not be appropriate for other purposes. Readers are also cautioned not to place undue reliance on these forward-looking statements, that speak only as of the date hereof.

This news release and the information contained herein does not constitute an offer of securities for sale in the United Sates and securities may not be offered or sold in the United States absent registration or exemption from registration.

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Neither 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  release.    No  stock  exchange,  securities  commission  or  other  regulatory  authority  has approved or disapproved the information contained herein.