First Uranium to redeem 7%, 11% secured convertibles due March 2013

By Ashley Montgomery

Kansas City, Kan., July 20 - First Uranium Corp. announced the planned redemptions of two series of notes related to the company's sale of Mine Waste Solutions (Proprietary) Ltd. to AngloGold Ashanti Ltd., according to a news release.

Purchase price stakeholders Computershare Trust Co. of Canada and Computer Share Investor (Proprietary) Inc. on Friday refunded First Uranium's C$110 million 7% secured convertible notes due March 31, 2013 and Mine Waste's ZAR 418.6 million 11% secured convertible notes due March 31, 2013.

The First Uranium notes will be redeemed on July 31 at par.

First Uranium is a gold and uranium mining company based in Toronto.

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