09:57 AM EST - First Uranium Corporation : announced that for the three-month period ended September 30, 2010 ("Q2 2011") the Company recorded a consolidated loss for the quarter of $27.1 million, or $0.12 per share, as compared with the consolidated loss of $18.4 million, or $0.11 per share, in the same quarter of the prior year ("Q2 2010"). The higher consolidated loss in Q2 2011 compared to Q2 2010 was primarily attributable to the foreign exchange loss on translation in Q2 2011, along with the higher interest and accretion expenses resulting from the convertible notes issued in April 2010. This was partially offset by additional profits generated at the Mine Waste Solutions tailings recovery operation and reduced losses from the underground Ezulwini Mine, compared to Q2 2010. First Uranium Corporation
shares T.FIU are trading down $0.05 at $1.09.
