American Uranium Corporation
OTC Bulletin Board : AUUM

American Uranium Corporation

April 16, 2008 13:47 ET

American Uranium Announces the Appointment of Two New Members to the Advisory Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 16, 2008) - On December 19, 2007 American Uranium Corporation (OTCBB:AUUM), announced the formation of an Advisory Board to the Chief Executive and the Board of Directors. Mr. Bob Rich, President, is today pleased to announce that Messrs Harrison B. Barker and Shinzo Kosaka have agreed to join Mr. Tom Pool on the Company's Advisory Board.

Mr. Harrison B. Barker

Mr. Barker is Manager, Nuclear Fuel Procurement for Dominion Generation and has held this post since 1992. His responsibilities include nuclear fuel procurement, contracting activities for nuclear conversion, enrichment and fabrication services, fuel budgeting, regulatory reporting and the spent fuel disposal contract with the US Department of the Energy. Prior to his current appointment Mr. Barker had staff and management responsibilities for contracts to supply fossil fuel. He began his nuclear power related work with Virginia Power in 1975 in quality assurance, core design, fabrication procurement and spent fuel transportation and disposal.

Mr. Barker holds a Bachelor in Electrical Engineering and Masters Degree in Engineering in Nuclear Engineering Science from the University of Florida. Mr. Barker is a member of the American Nuclear Society and a current member and past Chairman of both the NEI Utility Fuel Committee and the World Nuclear Fuel Market Trade Association.

Mr. Shinzo Kosaka

Mr. Kosaka joined Sumitomo in 1977 and has held a variety of corporate positions. His current post is General Manager, Nuclear Energy Department for Sumitomo Corporation headquartered in Tokyo, Japan. Prior to accepting this position in 2003 Mr. Kosaka served as Deputy General Manager, Nuclear Fuels and Transportation and as General Manager of Sales and General Affairs where among other responsibilities managed a joint venture with Sumitomo and Energy Inc. USA.

Mr. Kosaka holds a Graduate Degree, Faculty of Law, from the University of Osaka.

"We are delighted to have the skills and experience of these individuals working with our Company and look forward to their contributions to our decision-making processes," said Bob Rich American Uranium's President and Chief Executive Officer.

AMERICAN URANIUM CORPORATION is a US uranium exploration and development company which is committed, pursuant to the terms of the Company's joint venture agreement with Strathmore, to spending $12.375 million to earn an initial 22.5% in the PineTree-Reno Creek project and $33 million over 6 years to earn a 60% interest.

Legal Notice regarding Forward Looking Statements

Statements in this press release that are not historical facts are forward looking statements, subject to risks and uncertainties. Forward looking statements in this press release include that our advisory board will participate in our decision making process; and that we will be spending $12.375 million to earn an initial 22.5% in the PineTree-Reno Creek project and $33 million over 6 years.

It is important to note that the Company's 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 keep our qualified personnel; that we may not be able to agree with our joint venture partner on a course of action or interpretation of our JV agreement; that our estimates of mineral resources are inaccurate; uncertainties involved in the interpretation of drilling results and other tests and the estimation of resources; that we may not be able to get equipment or labor as we need it; that we may not be able to raise sufficient funds to complete our intended exploration, purchase, lease or option payments; that our applications to drill may be denied; that weather, logistical problems or hazards may prevent us from exploration; that analysis of data cannot be done accurately and at depth; that results which we have found in any particular location are not necessarily indicative of larger areas of our property; and that despite encouraging data there may be no commercially exploitable mineralization on our properties. Readers should refer to the risk disclosures outlined in the Company's most recent Form 10-KSB and other periodic reports filed from time to time with the Securities and Exchange Commission.

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