Delta Uranium Inc.
TSX VENTURE : DUR

Delta Uranium Inc.

June 17, 2010 15:00 ET

Delta Uranium Bi-Weekly Status Report

TORONTO, ONTARIO--(Marketwire - June 17, 2010) - Delta Uranium Inc. (TSX VENTURE:DUR) ("Delta" or the "Corporation") is providing this bi-weekly default status report in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). In its initial default announcement of June 3, 2010 (the "Default Notice"), the Corporation announced that it did not file its audited financial statements for its fiscal year ended February 28, 2010 (the "Annual Financial Statements"), its annual information form and its management's discussion and analysis relating thereto (collectively, the "Required Filings") before the prescribed deadline of May 31, 2010.

As previously announced, the Corporation made an application to the applicable securities regulators under NP 12-203 requesting that a management cease trade order ("MCTO") be imposed in respect of this late filing. On June 15, 2010, the Ontario Securities Commission issued a temporary MCTO, which prohibits the chief executive officer and the chief financial officer from trading in securities of the Corporation for so long as the Required Filings are not filed. The issuance of an MCTO does not generally affect the ability of persons who are not directors, officers or other insiders of the Corporation to trade in the Corporation's securities.

As previously announced, the delay in filing the Required Filings is principally related to the Corporation's recent voluntary delisting from the Toronto Stock Exchange and listing on the TSX Venture Exchange (effective April 1, 2010) and Management's resultant and inadvertent misunderstanding of the applicable deadline for the filing of the Required Filings. Management was made aware of this error on June 1, 2010 and have immediately begun the process to bring the Corporation's filing obligations current. The Corporation expects to file the Required Filings by June 21, 2010.

Other than as set out herein, the Corporation reports that since the Default Notice: (i) there is no material change to the information set out in the Default Notice that has not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines set out in NP 12-203; (iii) there has not been any other specified default by the Corporation under NP 12-203; and (iv) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing bi-weekly default status reports in the form of news releases so long as it remains in default of the filing requirements set out above.

About Delta Uranium Inc.

Delta Uranium is a TSX-V listed Canadian exploration company actively engaged in the acquisition, evaluation and exploration of uranium mineral properties in northeastern and northwestern Ontario, Athabasca Basin and Western Newfoundland, Canada.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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