| Tue 7 Dec 2010, 17:03 | | FUM - First Uranium Appointments |
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FUM
FIU
FUM - First Uranium Appointments
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
FIRST URANIUM APPOINTMENTS
December 7, 2010
Toronto, Ontario and Johannesburg, South Africa (TSX:FIU; JSE: FUM) - First
Uranium Corporation ("First Uranium" or the "Company") has appointed Mr Mario
Caron, a Toronto-based senior mining executive to its Board of Directors,
with effect from December 3, 2010. In addition, Mr. Scot Sobey has been
promoted to Executive Vice President ("EVP").
Peter Surgey, Chairman of First Uranium commented: "Mr. Caron is a respected
mining executive with extensive international experience, notably with TSX-
listed companies operating in Vietnam, South America as well as West and
Central Africa. His qualifications and experience, including his designation
as a professional engineer, will add to the board`s technical and corporate
finance expertise."
Mr. Caron brings with him a wealth of operating experience having been
President and CEO of Tiberon Minerals Inc. and Vice President Operations for
the Defiance Mining Corporation. Mr Caron is currently director and non-
executive chairman of Orosur Mining Inc, a TSX-V and AIM listed company
focused on South American gold production and exploration. He also serves on
the boards of TSX-listed Vaaldiam Mining Inc, a development diamond project
in Brazil, and Axmin Inc., a gold exploration and development company, where
he recently served as President and CEO.
Commenting on his appointment, Mr. Caron said: "My appointment to the board
of First Uranium comes at an exciting time. The Company`s development plan is
well underway and as a result, it is poised for an exciting phase of growth".
The board also appointed Mr. Scot Sobey as EVP of First Uranium, formalising
the additional responsibilities he has undertaken in recent months. Mr. Sobey
has held various senior executive positions with the Company since February
2007, most recently as Senior Vice President, Operations, Mine Waste
Solutions ("MWS"). As the capital projects at MWS are completed early next
year, Mr. Sobey will allocate more time to corporate activities as First
Uranium begins to consider opportunities for future growth and development.
7 December 2010
Sponsor: Investec Bank Limited
Date: 07/12/2010 17:03:02 Produced by the JSE SENS Department.
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