First Uranium mistakenly named in union allegations

TORONTO and JOHANNESBURG , Jan. 15 /CNW/ - First Uranium Corporation (TSX:FIU, JSE:FUM) (ISIN:CA33744R1029) ("First Uranium" or "the Company") today has clarified that a news release issued by the UASA trade union in South Africa mistakenly named First Uranium in allegations that mine workers were being prohibited from taking food and liquids underground.

The allegations do not apply to First Uranium and were directed at another company.

The UASA has issued an apology and a news release to correct this mistake.

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 operations situated in South Africa .

For further information: Bob Tait, Vice President, Investor Relations, [email protected], [phone] (office) or [phone] (mobile), 1240-155 University Avenue, Toronto, ON, M5H 3B7