| Fri 1 Oct 2010, 16:32 | | FUM - First Uranium Corporation - First Uranium announces listing of notes |
|
FUM
FIU
FUM - First Uranium Corporation - First Uranium announces listing of notes
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
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES
NEWS RELEASE - October 1, 2010
FIRST URANIUM ANNOUNCES LISTING OF NOTES
(all amounts are in Canadian dollars unless otherwise indicated)
Toronto and Johannesburg - First Uranium Corporation (TSX:FIU, JSE:FUM)
(ISIN:CA33744R1029) ("First Uranium" or the "Company") is pleased to announce
that effective Monday, October 4, 2010, the $110,000,000 aggregate principal
amount of 7.00% secured convertible notes of the Company due March 31, 2013 (the
"Notes") will be listed for trading on the Toronto Stock Exchange. The Notes
were issued under a note indenture dated April 8, 2010, entered into between the
Company and BNY Trust Company of Canada, as trustee and will trade under the
symbol "FIU.NT". The Notes, which are issuable in the minimum principal amount
of $1,000 each, will be quoted based on $100 principal amounts with all trades
being made in multiples of $1,000.
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.
For further information, please contact:
Mary Batoff
Vice President, Legal
1-416-342-5635
1240-155 University Avenue, Toronto, Ontario, Canada M5H 3B7
mary@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 (or forward-looking
information). The Company`s plans involve various estimates and assumptions and
its business and operations are subject to various risks and uncertainties. For
more details on these estimates, assumptions, risks and uncertainties, see the
Company`s most recent Annual Information Form and most recent Management
Discussion and Analysis on file with the Canadian provincial securities
regulatory authorities on SEDAR at www.sedar.com. These forward-looking
statements are made as of the date hereof and there can be no assurance that
such statements will prove to be accurate, such statements are subject to
significant risks and uncertainties, and actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking statements that are
included herein, except in accordance with applicable securities laws.
Sponsor: Investec Bank Limited
Date: 01/10/2010 16:32:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
