NR - TorontoCorporateOfficeFeeling GOOD about my decision to buy yesterday;- )
Happy Hunting ~ 0din
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Time Ex Price Change Volume Buyer Seller Markers
16:15:25 T 8.70 +0.57 1,100 2 RBC 2 RBC K
16:15:25 T 8.70 +0.57 1,200 2 RBC 2 RBC K
15:59:52 T 8.70 +0.57 300 1 Anonymous 2 RBC K
15:59:52 T 8.70 +0.57 200 1 Anonymous 2 RBC K
15:59:43 T 8.70 +0.57 500 19 Desjardins 19 Desjardins K
15:59:09 T 8.70 +0.57 200 22 Graydon 2 RBC K
15:59:09 T 8.70 +0.57 2,000 22 Graydon 74 GMP K
15:59:09 T 8.70 +0.57 2,000 22 Graydon 14 ITG K
15:59:09 T 8.69 +0.56 800 22 Graydon 2 RBC K
15:58:59 T 8.69 +0.56 1,000 2 RBC 2 RBC K
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TORONTO, Jan. 25 /CNW/ - First Uranium Corporation (FIU:TSX) is pleased
to announce that it is ready to open its Toronto corporate office with two key
additions to its senior management team to address the needs of the company's
stakeholders and regulatory requirements.
`We wanted to immediately communicate to our shareholders that we intend
to adopt best practices in our disclosure and our communication with the
existing and potential investors of First Uranium", said Gordon Miller, Chief
Executive Officer of First Uranium. "To establish a strong team on the ground
in Canada, we have hired two experienced, well-respected professionals, Mary
Batoff as Vice President, Legal and Secretary and Bob Tait as Vice-President,
Investor Relations."
Effective February 8, 2007, Mary Batoff will join First Uranium as Vice
President, Legal and Secretary and will be responsible for the company's legal
matters, regulatory filings and the running of the company's Toronto corporate
office. Since November 2004, Mary has been Vice President, Legal and Secretary
for a TSX listed producing mining company.
Prior to that, she was legal counsel and secretary from 1996 to 2004 with
various publicly traded companies in the mining and exploration sector in
Toronto and from 1993 to 1996 she was a corporate trust officer for Montreal
Trust (now Computershare) in Toronto.
Mary was called to the Ontario Bar in February 1993 and is a graduate of
University of Western Ontario, Bachelor of Laws and Queen's University:
Bachelor of Arts and Bachelor of Education. She is member of the Canadian Bar
Association (Ontario) and Women in Mining.
Effective January 29, 2007, Bob Tait will join the company as Vice
President, Investor Relations and will be responsible for all aspects of the
company's investor and media relations strategies in Canada and abroad. Since
July 2005, Bob has been President and CEO of the Canadian Investor Relations
Institute, a professional, non-profit association for investor relations
executives.
Prior to that, over a span of 17 years he alternately led investor
relations departments at a number of significant listed companies, including
some in the resource sector. He has held a variety of positions in information
technology, finance and sales.
Bob completed CIRI's Strategic Management of Investor Relations program
at the Richard Ivey School of Business. He was been a member of the Ontario
Securities Commission's Continuous Disclosure Advisory Committee from 2002 to
2007 and was CIRI's representative to NIRI Board of the National Investor
Relations Institute based in Washington, D.C.
On December 20, 2006, First Uranium completed its initial public offering
of 29 million common shares at Cdn$7.00 per share for total gross proceeds of
Cdn$203 million. On December 29, 2006 First Uranium completed the sale of the
full over-allotment option of a further 4.35 million common shares at $7.00
per share for additional gross proceeds of Cdn$30.45 million.
<<
First Uranium is a new TSX-listed company focused on developing two
uranium and gold projects in South Africa. First Uranium's strategic plan is
to:
- develop the Ezulwini and Buffelsfontein uranium and gold projects by
progressing each through specific measurable milestones in order that
mining and processing operations may commence in the near term and
thereafter possibly be expanded;
- negotiate sales off-take arrangements at favourable terms with third
parties in respect of any yellowcake produced at the two project
sites;
- pursue additional acquisition, joint venture and/or development
opportunities relating to strategically located uranium prospects and
properties in Southern Africa, including uranium and gold tailings
dumps that compliment existing projects;
- capitalize on the recent history in South Africa of Simmer & Jack
Mines, Limited, First Uranium's majority shareholder, including its
management and technical expertise, its black empowerment credentials
and its relationships with government officials and service providers
in South Africa.