TORONTO, June 3 /CNW/ - First Uranium Corporation (TSX:FIU, JSE:FUM,
CA33744R1029:ISIN) ("First Uranium" or the "Company") is pleased to announce
the appointment of Graham P. Wanblad to the Board of First Uranium effective
June 1, 2008.
"Graham brings a wealth of project development and operational experience
to the First Uranium Board," said Nigel Brunette, Chairman of First Uranium.
"Prior to his retirement as Executive Technical Director of Simmer and Jack
Mines, Limited, Graham was intimately involved with subsidiary First Uranium's
projects, and is, therefore, extremely knowledgeable about the Company's
business and assets. We are privileged to be able to continue to benefit from
his sage advice and experience at the Board level. He is a true gentleman for
whom I have the greatest respect. I know he will enhance the First Uranium
Board with his high standards of professionalism and integrity, as well as his
wisdom and thoughtful insight."
President and Chief Executive Officer of First Uranium, Gordon Miller,
said, "I am delighted that Graham has agreed to accept the appointment to the
Board of Directors and I look forward to drawing on his vast experience in the
field of design, construction and project execution gained from many years of
building successful projects in multi-jurisdictional environments."
Mr. Wanblad has more than 48 years of experience in the mining industry,
mainly in the fields of mining and process project development and operational
experience that included the management of multi-disciplined technical teams.
From 2005 to May 2008, Mr. Wanblad served as Executive Technical Director
of First Uranium's parent company, Simmer and Jack Mines, Limited ("Simmer &
Jack), and was a Director on the Simmer & Jack Board in 2005 and 2006.
Prior to joining Simmer & Jack, Mr. Wanblad served as an independent
technical consultant from 1998 to 2005.
For the 38 years before that, Mr. Wanblad was associated with
Johannesburg Consolidated Investments Company ("JCI"), which, in its time, was
one of the six major South African mining houses. Starting with JCI in 1960,
he held various positions of increasing responsibility gaining operational
experience at gold, platinum and base metal mines and project management
experience, with overall technical management of many multi-billion Rand gold,
uranium, platinum, coal and base metals projects. He joined the JCI Board in
1990 as Managing Director of Technical Services and was appointed to Executive
Technical Director of the JCI Group in 1993.
Mr. Wanblad was the non-executive chairman of six JCI Group companies,
held directorships at six listed mining companies and has had the
international responsibilities of developing phased feasibility studies for 12
projects in 10 countries.
Cautionary Language regarding Forward-Looking Information
This document may contain or refer to forward-looking information based
on current expectations. Forward-looking statements are subject to significant
risks and uncertainties, and other factors that could cause actual results to
differ materially from expected results. These forward-looking statements are
made as of the date hereof and we assume no responsibility to update or revise
them to reflect new events or circumstances.
About First Uranium Corporation
First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on the
development of its South African uranium and gold mines with the goal of
becoming a significant low-cost producer through the re-opening and
underground development of the Ezulwini Mine and the expansion of the Mine
Waste Solutions tailings recovery facility. First Uranium also plans to grow
production by pursuing value-enhancing acquisition and joint venture
opportunities in South Africa and elsewhere.
First Uranium Corporation
1240-155 University Avenue, Toronto, ON Canada M5H 3B7
For further information:
For further information: Bob Tait, VP Investor Relations at (416)
342-5639 (office), (416) 558-3858 (mobile) or email@example.com