Since 1995, Mr. Pool has been Chairman of International Nuclear, Inc. in Golden, Colorado. He is respected globally as an analyst for the development of new production facilities, evaluation of strategies, and assessment of production costs. He is proficient with preliminary and detailed feasibility studies for new project development and financing. He is also experienced with valuations of uranium projects, deposits and property brokerage.
Mr. Pool’s career includes senior management roles with prominent Uranium organizations: Vice President Engineering of Nuclear Fuels Corporation, Acting Technical Superintendent for the Beverley in situ leach uranium mine in South Australia, Manager of Uranium Supply for ConverDyn, Internal Consultant CONCORD group of companies, Vice President of Marketing, Energy Fuels Nuclear, Vice President, NUEXCO Information Services, among other positions. In addition, Mr. Pool serves as a Director of Intermountain Resources and was formerly an Advisory Board member of CONCORD Mining.
President & CEO Dr. Bob Rich said, “I am especially pleased and honored that Uranium Industry Expert Tom Pool has kindly agreed to be our Advisory Board’s first member.” He further remarked that “Tom’s experience is particularly well-suited to the specific needs of American, as it moves towards permitting and development of its Reno Creek ISR deposit in Wyoming.”
AMERICAN URANIUM CORPORATION (OTCBB: AUUM) is a uranium company focused on exploring and developing uranium properties in the United States. Current properties and potential future acquisitions give American the expectation of medium-term production. American Uranium successfully raised $6 million in August 2007, and there are currently 45,566,829 shares outstanding in the company.
LEGAL NOTICE REGARDING FORWARD-LOOKING STATEMENTS
Statements in this news release that are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include that we will move toward permitting and development of our Reno Creek ISR deposit, and that we expect medium term production. It is important to note that actual outcomes may differ materially from those statements contained in this press release. Factors which may delay or prevent these forward-looking statements from being realized include misinterpretation of data, that we may not be able to raise sufficient funds to complete the payment obligations; that weather, new equipment may not perform as anticipated; logistical problems or hazards prevent us from exploration, development or from fulfilling our joint venture obligations once formed; that we may not be able to attract or retain key employees or advisors in the current competitive environment; that results that we have found in any particular holes are not necessarily indicative of larger areas of our property; we may not be able to reach agreement with Strathmore Resources (US) Ltd. on aspects of our agreements; and that despite encouraging data there may be no commercially exploitable mineralization on the properties based upon the applicable world uranium prices and the quality or grade of the resource. Readers should refer to the risk disclosures outlined in our periodic reports filed on EDGAR with the Securities and Exchange Commission, and those of other junior resource exploration companies to fully understand the risks we face.
American Uranium Corp.
Andrew Fedak, 604-685-6153
www.americanuraniumcorp.com