Delta Uranium Inc.

Delta Uranium Inc.

May 27, 2011 14:13 ET

Delta Uranium Agrees to Issue Shares for Indebtedness

TORONTO, ONTARIO--(Marketwire - May 27, 2011) -Delta Uranium Inc. (TSX VENTURE:DUR) ("Delta") announces that it has agreed to issue a total of 1,606,448 common shares at $0.05 per common share to an arm's length party to settle the amount of $80,332.39 of indebtedness. All negotiations were at arm's length and the issuance of the shares is subject to any and all approvals, including the approval of and any conditions that may be imposed thereon by the TSX Venture Exchange.

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, and Athabasca Basin Canada.

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

Contact Information