FUM - First Uranium Corporation - First Uranium announces resignation of

FUM - First Uranium Corporation - First Uranium announces resignation of        
non-executive director                                                          
First Uranium Corporation                                                       
(Continued under the laws of British Columbia, Canada)                          
(Registration number C0777384)                                                  
(South African registration number 2007/009016/10)                              
Share code: FUM ISIN:CA33744R1029                                               
FIRST URANIUM ANNOUNCES RESIGNATION OF NON-EXECUTIVE DIRECTOR                   
TORONTO and JOHANNESBURG, January 4, 2012 - First Uranium Corporation (Toronto: 
FIU) (JSE: FUM) (ISIN: CA33744R1029) ("First Uranium" or the "Company")         
announced today that Mr. Mario Caron has resigned from the board of directors of
the Company, with immediate effect , in order to focus on his position as Chief 
Executive Officer of Aldridge Minerals Inc. to which he was recently appointed. 
The board of directors of First Uranium wish to thank Mr. Caron for his past    
service and contribution to the Company.                                        
4 January 2012                                                                  
Johannesburg                                                                    
About First Uranium Corporation                                                 
First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of becoming 
a low-cost producer of gold and uranium through the expansion of the underground
development to feed the new gold and uranium plants at the Ezulwini Mine and the
ramp-up of production at the Mine Waste Solutions (MWS) tailings recovery       
facility following the completion of a significant gold capital expansion       
program in May 2011. Both operations are located in South Africa.               
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, including the future plans and objectives of First Uranium, are forward-  
looking statements (or forward-looking information) that involve risks and      
uncertainties. For more details on these estimates, assumptions, risks and      
uncertainties, see the Company`s most recent Annual Information Form on file    
with the Canadian provincial securities regulatory authorities on SEDAR at      
www.sedar.com. Readers should not place undue reliance on forward-looking       
statements that are included herein, except in accordance with applicable       
securities laws.                                                                
www.firsturanium.com                                                            
Date: 04/01/2012 09:00:27 Supplied by www.sharenet.co.za                     
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