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Vista Partners Initiates Coverage on Uranerz Energy Corporation (TSX:URZ) (NYSE MKT:URZ) - Video Research Alert on InvestmentPitch.com

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Vancouver, British Columbia - (Newsfile Corp. - March 28, 2014) - San Francisco-based Vista Partners has initiated coverage on Uranerz Energy Corporation (TSX:URZ) (NYSE MKT:URZ). Analyst Ross Silver gives the company a 12 month target price of $2.80, a premium of 68% to the $1.67 price on March 26th the day the report was issued.

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InvestmentPitch.com has produced a "video research alert" about Uranerz Energy based on this report. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Uranerz" in the search box.

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Uranerz is a U.S.-based uranium company, controlling a large strategic land position in the central Powder River Basin area of Wyoming, the leading state in uranium production.

The company's Nichols Ranch in-situ recovery (ISR) uranium project uses a leaching solution to extract uranium from sandstone uranium deposits, which is the generally accepted extraction technology used in the Powder River Basin. ISR is a process in which wells are installed into which ground water fortified with benign oxidizing agents is pumped into the deposits. The "uranium rich" solution is pumped back out of the ground from separate wells and through resin columns. The resin collects uranium and the resin is subsequently processed into yellowcake.

Uranerz has a processing agreement with Cameco, the world's largest publicly traded uranium company and has entered into long-term uranium sales contracts for a portion of its planned production, with two of the largest nuclear utilities in the U.S., including Exelon.

The Uranerz Management team has specialized expertise in the in-situ recovery uranium mining method, and has a successful track record of licensing, constructing, and operating ISR uranium projects. According to the company, the United States Nuclear Regulatory Commission is expected to reissue the license to mine at the Nichols Ranch operations in the near future.

Analyst Ross Silver stated, "The Company is currently hedged to uranium prices, which is typically helpful in an unfavorable pricing market. By making agreements for the sale of a percent of their planned production at a fixed, or possibly escalated, price, known as off-take agreements, the Company has locked in a price for which its uranium will be sold. Fortunately, the Company's off-take agreements are for prices approximately 50% higher than the current market price of uranium."

The company currently trades at $1.74, well below the $2.80 target price, and with 85.9 million shares outstanding, the company is capitalized at $149.5 million.

For more information, please visit the company's website www.uranerz.com or contact Derek Iwanaka, Manager of Investor Relations at 1-800-689-1659 or by email at investor@uranerz.com.

For more information about Vista Partners or to obtain a copy of their research report, contact your nearest Vista Partners office. Their branches are listed on their website at www.vistapglobal.com.

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