Algold concludes acquisition of First Uranium
First Uranium Corporation
(Continued under the laws of Ontario, Canada)
(Registration number 2082276)
(South African registration number 2007/009016/10)
Share code: FUU ISIN: CA33744R5087
20 December 2013
ALGOLD CONCLUDES ACQUISITION OF FIRST URANIUM
MONTREAL, QC and TORONTO, ON – Algold Resources Ltd. ("Algold") (TSXV:ALG) and First
Uranium Corporation ("FIU")(NEX: FIU.H) (JSE: FUU) are pleased to announce that on
December 19, 2013, Algold completed the previously announced plan of arrangement (the
"Arrangement") between FIU and Algold and effective today, Algold has acquired all of the
issued and outstanding units (“FIU Units”) of FIU.
FIU shareholders will receive 0.0729849 of an Algold share for each FIU Unit held. In addition,
for every full Algold share issued to an FIU shareholder, such holder will receive ½ of one Algold
common share purchase warrant (the "Algold Warrants"). Each full Algold Warrant entitles the
holder thereof to purchase one Algold share at a price of $0.20 per Algold share at any time for
a period of eighteen months following the issuance of the Algold Warrants.
For more information on the Arrangement, please refer to the announcement issued on
October 29, 2013.
Algold Resources Ltd. is focused on the exploration and development of gold deposits in West
Africa. The board of directors and management team are seasoned resource industry
professionals with extensive experience in the exploration and development of world-class gold
projects in Africa.
FOR FURTHER INFORMATION
FIRST URANIUM COPRORATION ALGOLD RESOURCES LTD.
Mary Batoff Francois Auclair
Director President and CEO
(416) 306-3072 (514) 889 5089
20 December 2013
Investec Bank Limited (Sponsor - First Uranium)
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