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Tue 10 Aug 2010, 15:15 FUM - First Uranium Corporation - First Uranium announces that the company meets
FUM
FIU                                                                             
FUM - First Uranium Corporation - First Uranium announces that the company meets
the TSX`s continued listing requirements.                                       
First Uranium Corporation                                                       
(Continued under the laws of British Columbia, Canada)                          
(Registration number C0777384)                                                  
(South African registration number 2007/009016/10)                              
Share code:  FUM                                                                
ISIN: CA33744R1029                                                              
NEWS RELEASE - August 10, 2010                                                  
First Uranium announces that the company meets the TSX`s continued listing      
requirements.                                                                   
Toronto and Johannesburg - First Uranium Corporation (TSX:FIU, JSE:FUM)         
(ISIN:CA33744R1029)("First Uranium" or the "Company")  - Further to TSX Bulletin
2010-0317 dated March 15, 2010 and First Uranium`s news release dated July 7,   
2010, on August 9, 2010 First Uranium was advised by the Toronto Stock Exchange 
("TSX") that it has completed its review of the  common shares (Symbol: FIU) and
4.25% senior unsecured convertible debentures (Symbol: FIU.DB) of the Company   
and the TSX has determined that the Company meets the TSX`s continued listing   
requirements.                                                                   
About First Uranium Corporation                                                 
First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of becoming 
a significant low-cost producer of uranium and gold through the expansion of the
underground development to feed the new uranium and gold plants at the Ezulwini 
Mine and through the expansion of the plant capacity of the Mine Waste Solutions
tailings recovery facility, both located in South Africa.                       
Contact Information                                                             
Jim Fisher                                                                      
Executive Vice President, Corporate Development                                 
1-416-342-5636                                                                  
1240-155 University Avenue                                                      
Toronto, Ontario, Canada                                                        
M5H 3B7                                                                         
jim@firsturanium.ca                                                             
Cautionary Language Regarding Forward-Looking Information                       
This news release contains and refers to forward-looking information based on   
current expectations. All other statements other than statements of historical  
fact included in this release are forward-looking statements. Readers should not
place undue reliance on forward-looking statements that are included herein,    
except in accordance with applicable securities laws.                           
www. firsturanium.com                                                           
Sponsor: Investec Bank Limited                                                  
Date: 10/08/2010 15:15:02 Produced by the JSE SENS Department.                  
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