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Wed 9 May 2012, 16:05 MWNT - Mine Waste Solutions (Proprietary) Limited - MWS and First Uranium in
JSE   MWNT
MWNT                                                                            
MWNT - Mine Waste Solutions (Proprietary) Limited - MWS and First Uranium in    
process of distributing information circulars for meetings on June 13, 2012 of  
shareholders, noteholders and debentureholders                                  
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                                                
MWS AND FIRST URANIUM IN PROCESS OF DISTRIBUTING INFORMATION CIRCULARS FOR      
MEETINGS ON JUNE 13, 2012 OF SHAREHOLDERS, NOTEHOLDERS AND DEBENTUREHOLDERS     
Johannesburg - Mine Waste Solutions (Proprietary) Limited (JSE:MWNT) (ISIN: ZAE 
ZAE000156261)("the Company or MWS") today announced that it has completed and is
in the process of delivering the Information Circular and form of proxy to Rand 
Noteholders in connection with a Special Meeting to be held on June 13, 2012.   
The Company also announced that its parent company, First Uranium Corporation   
("First Uranium")(ISIN:CA337744R1029) announced that it has completed and is in 
the process of delivering Information Circulars and forms of proxies to its     
Shareholders, Noteholders and Debentureholders in connection with special       
meetings to be held on June 13, 2012.                                           
Please refer to the SENS announcement issued by First Uranium earlier today.    
9 May 2012                                                                      
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). First Uranium`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  
First Uranium`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, including without  
limitation, the statements regarding the proposed transactions with Gold One    
International Limited and AngloGold Ashanti Limited. No assurance can be given  
that First Uranium will be successful in concluding the proposed transactions   
and achieve the desired results. Accordingly, readers should not place undue    
reliance on forward-looking statements that are included herein, except in      
accordance with applicable securities laws.                                     
9 May 2012                                                                      
Sponsor: Investec Bank Limited                                                  
Date: 09/05/2012 16:05:24 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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