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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Post by chillyballson Jan 04, 2012 7:09pm
366 Views
Post# 19370699

Victory #1

Victory #1

First Uranium announces Dismissal of Appeal Lodged by the Federation for a Sustainable Environment Against Mine Waste Solutions' Water Use Licence

TORONTO AND JOHANNESBURG, Jan. 4, 2012 /CNW/ - First Uranium Corporation (Toronto: FIU) (JSE: FUM) (ISIN: CA33744R1029) ("First Uranium" or the "Company") announced that it has received official notification that the South African Water Tribunal has dismissed the appeal lodged by the Federation for a Sustainable Environment ("FSE") against Mine Waste Solutions' Water Use Licence. The ruling vindicates the Company's decision to continue operating the Mine Waste Solutions project in accordance with the terms and conditions of its valid water use licence since the purported appeal was lodged in March 2011. The Water Tribunal found that it had no jurisdiction to hear the case and consequently the FSE had no legal standing to bring the appeal. As a result the Water Tribunal has closed its file on the matter.

 

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