NWT NWT Uranium Corp.

NWT Uranium Corp. (the "Corporation") (TSX
VENTURE:NWT)(OTCBB:NWURF)(FRANKFURT:NMV) would like to provide, further to its
press release of January 24, 2013, an update with respect to its discussions
with the TSX Venture Exchange and the proposed bid for Look Communications Inc.
("Look") by the Corporation's subsidiary, Niketo Co. Ltd. ("Niketo").


TSX Venture Exchange

The Corporation has been advised by the TSX Venture Exchange (the "Exchange")
that the Corporation has been deemed to have undertaken a change of business
from a mining issuer to an investment issuer. As a result of the deemed change
of business, the Corporation will be making the appropriate filings with the
Exchange in order to obtain Exchange approval for the change of business.


The Corporation's common shares will remain halted until such time that the
Exchange has approved the change of business.


Look Communications Inc.

Further to its press release of January 8, 2013, the Corporation advises that
its subsidiary, Niketo, has not proceeded with its proposed offer to acquire a
49.9% voting interest of Look. The Corporation is currently evaluating its
various options, but here can be no assurance Niketo's offer will be successful
or will be completed as proposed or at all. Any acquisition of the Look shares
would be subject to various conditions, including Exchange approval.


FOR FURTHER INFORMATION PLEASE CONTACT: 
NWT Uranium Corp.
David Subotic
CEO
(416) 504-3978
www.nwturanium.com


TUNED PR
Gavin Davidson
(416) 999-7138

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