Common use of Outside Canada and the US Clause in Contracts

Outside Canada and the US. holders must obtain a guarantee from a local financial institution that has a corresponding affiliate in Canada or the US that is a member of an acceptable Medallion Guarantee Program. The corresponding affiliate must overguarantee the guarantee provided by the local financial institution. (To be completed if true) The undersigned hereby represents, for the benefit of all holders of Rights and Units, that the Rights evidenced by this Rights Certificate are not, and, to the knowledge of the undersigned, have never been, Beneficially Owned by an Acquiring Person or an Affiliate or Associate thereof or by any Person acting jointly or in concert with any of the foregoing (as defined in the Rights Agreement). Dated: The undersigned hereby irrevocably elects to exercise whole Rights represented by the attached Rights Certificate to purchase the Units or other securities, if applicable, issuable upon the exercise of such Rights and requests that certificates for such securities be issued in the name of: If such number of Rights shall not be all the Rights evidenced by this Rights Certificate, a new Rights Certificate for the balance of such Rights shall be registered in the name of and delivered to: Dated: Signature Guaranteed: Signature (Signature must correspond to name as written upon the face of this Rights Certificate in every particular, without alteration or enlargement or any change whatsoever.) The undersigned hereby represents, for the benefit of all holders of Rights and Units, that the Rights evidenced by this Rights Certificate are not, and, to the knowledge of the undersigned, have never been, Beneficially Owned by an Acquiring Person or an Affiliate or Associate thereof or by any Person acting jointly or in concert with any of the foregoing (as defined in the Rights Agreement).

Outside Canada and the US. holders must obtain a guarantee from a local financial institution that has a corresponding affiliate in Canada or the US that is a member of an acceptable Medallion Guarantee Program. The corresponding affiliate must overguarantee the guarantee provided by the local financial institution. (To be completed if true) The undersigned hereby represents, for the benefit of all holders of Rights and Units, that the Rights evidenced by this Rights Certificate are not, and, to the knowledge of the undersigned, have never been, Beneficially Owned by an Acquiring Person or an Affiliate or Associate thereof or by any Person acting jointly or in concert with any of the foregoing (as defined in the Rights Agreement). Dated: [To be attached to each Rights Certificate] The undersigned hereby irrevocably elects to exercise whole Rights represented by the attached Rights Certificate to purchase the Units or other securities, if applicable, issuable upon the exercise of such Rights and requests that certificates for such securities be issued in the name of: (Address) (Social Insurance, Social Security or Other Taxpayer Identification Number) If such number of Rights shall not be all the Rights evidenced by this Rights Certificate, a new Rights Certificate for the balance of such Rights shall be registered in the name of and delivered to: (Address) (Social insurance, Social Security or Other Taxpayer Identification Number) Dated: Signature Guaranteed: Signature (Signature must correspond to name as written upon the face of this Rights Certificate in every particular, without alteration or enlargement or any change whatsoever.) The undersigned hereby represents, for the benefit of all holders of Rights and Units, that the Rights evidenced by this Rights Certificate are not, and, to the knowledge of the undersigned, have never been, Beneficially Owned by an Acquiring Person or an Affiliate or Associate thereof or by any Person acting jointly or in concert with any of the foregoing (as defined in the Rights Agreement).

Outside Canada and the US. holders must obtain a guarantee from a local financial institution that has a corresponding affiliate in Canada or the US that is a member of an acceptable Medallion Guarantee Program. The corresponding affiliate must overguarantee the guarantee provided by the local financial institution. (To be completed if true) The undersigned party exercising Rights hereunder, hereby represents, for the benefit of all holders of Rights and UnitsCommon Shares, that the Rights evidenced by this Rights Certificate are not, and, to the knowledge of the undersigned, have never been, Beneficially Owned by an Acquiring Person or an Affiliate or Associate thereof or by any a Person acting jointly or in concert with any of the foregoing (as defined foregoing. Capitalized terms shall have the meaning ascribed thereto in the Shareholder Rights Plan Agreement). Dated: The undersigned hereby irrevocably elects to exercise whole Rights represented by Signature Please print name of Signatory In the attached Rights Certificate to purchase event the Units or other securities, if applicable, issuable upon the exercise of such Rights and requests that certificates for such securities be issued certification set forth above in the name of: If such number Election to Exercise is not completed, the Company shall deem the Beneficial Owner of Rights shall not be all the Rights evidenced by this Rights Certificate, a new Rights Certificate for the balance of such Rights shall be registered in the name of and delivered to: Dated: Signature Guaranteed: Signature (Signature must correspond to name as written upon the face of this Rights Certificate in every particular, without alteration or enlargement or any change whatsoever.) The undersigned hereby represents, for the benefit of all holders of Rights and Units, that the Rights evidenced by this Rights Certificate are notto be an Acquiring Person or an Affiliate or Associate thereof (as defined in the Shareholder Rights Plan Agreement), andand accordingly, such Rights shall be void,. No Rights Certificates shall be issued in exchange for a Rights Certificate owned or deemed to the knowledge of the undersigned, have never been, Beneficially Owned been owned by an Acquiring Person or an Affiliate or Associate thereof thereof, or by any a Person acting jointly or in concert with any of the foregoing (as defined in the Rights Agreement).an Acquiring Person or an Affiliate or Associate thereof. SCHEDULE “C” TO THE SHAREHOLDER RIGHTS PLAN AGREEMENT DATED APRIL 9, 2000 XXXXXXX XXXXXXXXX URANIUM LTD. & CIBC MELLON TRUST COMPANY