First Uranium Responds to Waterpan

First Uranium Corporation (TSX:FIU,JSE:FUM) announced a response to news Waterpan Mining Consortium Pty is raising funds to acquire 100% of the shares of FIU.

As quoted in the press release:

The Company, under its previously announced agreements with both AngloGold Ashanti Limited and Gold One International Limited, has undertaken to take all such steps necessary to put into effect the proposed sales of its Ezulwini and Mine Waste Solutions assets.  Notwithstanding the commitment of FIU to the transactions, any party is free to make a formal offer to the Company’s shareholders to acquire all or a portion of their shares.

Click here to read the First Uranium Corporation (TSX:FIU) press release.