First Uranium Corporation Appoints New Chief Operating Officers

TORONTO and JOHANNESBURG, July 7 /PRNewswire-FirstCall/ - First Uranium
Corporation (TSX:FIU, JSE:FUM) (ISIN:CA33744R1029) ("First Uranium" or "the
Company") has appointed Scot Sobey as Chief Operating Officer ("COO") of
Chemwes, the wholly-owned subsidiary of First Uranium that operates the Mine
Waste Solutions tailings recovery project ("MWS") and John Gould as acting COO
of the Ezulwini Mining Company, the wholly-owned subsidiary of First Uranium
that operates the Ezulwini Mine. These appointments are part of an
organizational re-structuring to appoint a single leader at each operation
with the intent of ensuring that the Company achieves its critical production
growth milestones.
"Scot Sobey is an obvious choice as our new COO for MWS," said Gordon Miller,
President and Chief Executive Officer of First Uranium. "Scot is very familiar
with the operation and the staff at MWS and, from its inception, has worked
extensively on many aspects of this operation. He has earned the confidence of
the MWS team, the Company's Executive and the First Uranium Board of
Directors."
Prior to this appointment, Scot Sobey has been serving as First Uranium's Vice
President, Business Development, having been appointed to that position in
February 2007. Mr. Sobey's background lies in management consulting and
project management, having spent four years with Gemini Consulting, followed
by two years with PSP Icon. Mr. Sobey has developed extensive expertise in
large-scale turnaround and transformation projects spanning the mining,
financial services, courier and freight, telecommunications and electricity
industries. From October 2005, he jointly project managed the start up of the
Buffelsfontein Gold Mine, formerly known as DRD Gold's North West Operations.
Mr Sobey formed an integral part of the Company's initial public offering team
in December 2006.
Mr. Miller also commented on John Gould's appointment. "John brings excellent
qualifications and experience to this important role at First Uranium. His
familiarity with the resources, mine plan and operations at the Ezulwini Mine
make John an ideal candidate for this position. He is well respected in the
industry and amongst his colleagues at the Ezwulini Mine and has proven
himself as a valued member of First Uranium's executive management team."
John Gould has served as First Uranium's Vice President, Exploration and
Technical Services since he was appointed to that position in February 2008.
He has been involved in all aspects of gold mining in South Africa, including
mines in the vicinity of the Ezulwini Mine. Mr. Gould has held a variety of
positions with South African mining companies, including Mine Geologist,
Technical Services Manager, Mine Manager and Executive Director, and most
recently, until October 2007, served as Managing Director of Platinum Group
Metals Limited, a developing junior mining company. He has previously worked
with Gold Fields of South Africa, JCI and Harmony Gold Mines. Mr. Gould also
played a leading role in the development and support of South Africa's Mineral
and Petroleum Resources Development Act.
Mr. Miller added, "Coincident with these announcements, Syd Caddy, who
diligently stewarded the operations through the massive development phase of
the last 18 months, has decided to leave the Company for personal reasons. We
thank Syd for his tireless devotion to the Company's objectives and wish him
the very best for the future."

About First Uranium Corporation

First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of
becoming a significant low-cost producer of uranium and gold through the
expansion of the underground development to feed the new uranium and gold
plants at the Ezulwini Mine and through the expansion of the plant capacity of
the Mine Waste Solutions tailings recovery facility, both in South Africa.
First Uranium also plans to grow production by pursuing value-enhancing
acquisition and joint venture opportunities in South Africa and elsewhere.

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 included in this release including, without limitation, statements
regarding processing and development plans and future plans and objectives of
First Uranium are forward-looking statements (or forward-looking information)
that involve various risks and uncertainties. These forward-looking statements
are made as of the date hereof and there can be no assurance that such
statements will prove to be accurate, such statements are subject to
significant risks and uncertainties, and actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements that are included herein, except in accordance with applicable
securities laws.

SOURCE First Uranium Corporation

Bob Tait, VP Investor Relations at bob@firsturanium.ca or (416) 342-5639
(office) or (416) 558-3858 (mobile), 1240-155 University Avenue, Toronto, ON,
Canada, M5H 3B7, www.firsturanium.com