Source: Azarga Uranium Corp.

Azarga Files Upgraded Resource and Preliminary Economic Assessment for Dewey Burdock

GREENWOOD VILLAGE, COLORADO--(Marketwired - March 13, 2015) - AZARGA URANIUM CORP. ("Azarga" or the "Company") (TSX:AZZ)(OTC:PWURD)(FRA:P8AA) is pleased to announce, that following the Company's press release dated January 29th, 2015, it has filed its National Instrument 43-101 compliant Preliminary Economic Assessment. A copy of the Preliminary Economic Assessment is now available on www.sedar.com (System for Electronic Document Analysis and Retrieval) and at the Company's website at www.azargauranium.com.

About Azarga Uranium Corp.

Azarga Uranium Corp. is a mineral development company that owns six uranium projects, deposits and prospects in the USA (South Dakota, Wyoming and Colorado) and Kyrgyzstan together with investment holdings in Anatolia Energy Limited (ASX:AEK - 11%) and Black Range Minerals Limited (ASX:BLR - 17%). The Dewey Burdock Project in South Dakota is the main initial development priority, which has received its final NRC License.

For more information please visit www.azargauranium.com.

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Contact Information:

Azarga Uranium Corp.
John Mays
Chief Operating Officer
+1 303 790-7528

Azarga Uranium Corp.
Mark Hollenbeck
Dewey-Burdock Project Manager
+1 605 685-3376
info@azargauranium.com
www.azargauranium.com