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Wed 1 Feb 2012, 17:15 MWNT - Mine Waste Solutions (Proprietary) Limited - News Release
JSE   MWNT
MWNT                                                                            
MWNT - Mine Waste Solutions (Proprietary) Limited - News Release                
Mine Waste Solutions (Proprietary) Limited                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 2000/1443/07)                                              
(a wholly-owned subsidiary of First Uranium Corporation)                        
JSE code MWNT & ISIN: ZAE000156261                                              
NEWS RELEASE - 1 February 2012                                                  
Mine Waste Solutions announces that the Federation for a Sustainable Environment
is appealing the decision of the South African Water Tribunal                   
Johannesburg - Mine Waste Solutions (Proprietary) Limited (JSE:MWNT) (ISIN: ZAE 
ZAE000156261) ("MWS" or "the Company") announced that it has received today     
notification that the Federation for a Sustainable Environment ("FSE") submitted
a notice of appeal to the High Court of South Africa regarding the recent       
decision of the South African Water Tribunal dismissing the appeal lodged by the
FSE against Mine Waste Solutions` Water Use Licence (see the Company`s SENS     
release dated January 4, 2012). The Water Tribunal found that it had no         
jurisdiction to hear the case and consequently the FSE had no legal standing to 
bring the appeal.                                                               
The Company has not received a copy of the FSE`s appeal application. The Company
intends to vigorously defend the appeal.                                        
For further information, please contact:                                        
Adam Gunn - adam.gunn@firsturanium.com                                          
Scot Sobey - scot.sobey@firsturanium.com                                        
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.     
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. For   
more details on these risks and uncertainties, see the Company`s pre-listing    
statement which can be downloaded from First Uranium Corporation`s website at   
www.firsturanium.com and First Uranium Corporation`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. 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: 01/02/2012 17:15:13 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.
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