Friday, February 15, 2008

Management changes to position First Uranium for future growth

First Uranium Corporation ("First Uranium" or "the Company") today announced several management changes and new appointments that it believes will best allocate the experience and strengths of its management team and position the Company for future growth.

- Jim Fisher, moves to Executive Vice President, Corporate Development
in the Company's Toronto office from his current position as
Chief Operating Officer
- Syd Caddy, joins the Company from Simmer and Jack Mines Limited as
Executive Vice President and Chief Operating Officer, responsible for
all of the Company's operating and exploration activities
- Wouter de Vos joins the Company as General Manager of the
Ezulwini Mine, an underground uranium and gold mine
- John Gould, joins the Company as Vice President Exploration and
Business Development responsible for all of the Company's
exploration, technical services and growth projects and will report
to Syd Caddy
- Scot Sobey, VP Business Development will continue to focus on the
Company's South African and global growth initiatives, working
closely with Jim Fisher
- Barry Smit, joins the Company as Consulting Mining Engineer and will
focus on the Company's expansion project at the Ezulwini Mine

"It has always been part of First Uranium's vision to grow production by pursuing acquisition and joint venture opportunities," said Gordon Miller, President and CEO of First Uranium. "While there is still plenty of opportunity to grow the number and scope of our projects within southern Africa, some of the world's best mines with the lowest operational risks have been developed in the Americas. This move puts Jim Fisher and all of his experience in the optimum locale to find those kinds of projects for our shareholders."

Mr. Miller added, "We are fortunate to have quality individuals such as Syd Caddy, Wouter de Vos, John Gould and Barry Smit join the Company and lend their vast experience to our project development and future strategies."

In a separate development, Chopper Van der Bijl, age 61, has retired from his position as General Manager, Ezulwini Mining Company. Of Mr. Van der Bijl, Gordon Miller said, "I am greatly indebted to his contributions to the building of the Ezulwini Mine as an operation of great substance. I am obviously disappointed to lose someone of Chopper's experience and abilities, but respect his decision to leave First Uranium at this point in his life." Wouter de Vos, will assume the role of General Manager of the Ezulwini Mine effective February 25, 2008.

About First Uranium Corporation
First Uranium is focused on the development of South African uranium and gold mines with the goal of becoming a significant producer through the re-opening and development of the Ezulwini underground mine, and the construction of the Buffelsfontein tailings recovery facility. First Uranium also plans to grow production by pursuing acquisition and joint venture opportunities.

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