Powertech Uranium Corp.

Annual Report:

Income Statement: As of Mar. 31 US Dollar	2009	2008
EXPENSES
Wages and Benefits	(1,889,476)	(1,346,321)
Office and Miscellaneous	(638,513)	(547,683)
Directors' Fee	(31,716)	(32,329)
Legal Fees	(325,806)	(213,740)
Management Consulting Fees	(517,062)	(620,372)
Audit and Accounting Fees	(76,476)	(53,350)
Community and Media Relations	(181,901)	(325,091)
Travel and Accommodation	(333,801)	(189,678)
Accretion	(145,238)	(41,761)
Insurance	(98,202)	(111,986)
Amortization and Depreciation	(213,464)	(86,939)
Interest Expense	(97,029)
Interest Income	73,591	394,771
Currency Translation Gain(Loss)	434,316	245,330
Filing Fee	(75,069)	(196,891)
Transfer Agent Fees	(13,466)	(17,808)
Investor Relations and Promotion	(207,340)	(289,946)
Net Income (Loss)	(4,336,652)	(3,433,794)
SUPPLEMENTARY INFO
Share earns. basic and diluted	(0.09)	(0.07)

Balance Sheet: As of Mar. 31 US Dollar	2009	2008
ASSETS
Cash and Cash Equivalents	5,724,561	2,009,155
Deposits	24,659	104,752
Other Receivables	34,009
Gst Receivable	27,305	23,172
Prepaid Expenses	112,904	62,972
Restricted Cash	567,842	803,618
Total Current Assets	6,491,280	3,003,669
NON CURRENT ASSETS
Mineral Properties	34,587,816	32,498,116
Buildings and Equipment	456,844	394,214
Total Assets	41,535,940	35,896,000
LIABILITIES
Accounts Payable and Accrued Liabilities	1,325,271	1,404,969
Current Portion of Long-term Debt	290,000	260,000
Total Current Liabilities	1,615,271	1,664,969
NON CURRENT LIABILITIES
Convertible Notes Payable	5,039,568
Agreement Payable	895,286	983,818
SHAREHOLDERS' EQUITY
Common Stock - Par Value	50,831,520	41,851,320
Additional Paid in Capital	6,581,296	5,061,463
Deficit	(20,786,108)	(16,449,457)
Accumulated Other Comprehensive (Loss) income	(5,004,102)	2,783,887
Equity Portion of Convertible Debt	2,363,211
Total Shareholders Equity	33,985,816	33,247,212
Total Liabilities & Shareholders Equity	41,535,940	35,896,000

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