Delta Uranium Inc.

Delta Uranium Inc.

July 15, 2011 13:52 ET

Delta Uranium Receives Notification of Listing Review

TORONTO, ONTARIO--(Marketwire - July 15, 2011) - Further to its press release of July 6, 2011, Delta Uranium Inc. (TSX VENTURE:DUR) (the "Company") has been notified by the TSX Venture Exchange that effective July 6, 2011, trading in the Company's common shares through the facilities of the exchange has been suspended due to the issuance of the temporary cease trade order by the Ontario Securities Commission. The suspension will remain in effect during the duration of the temporary cease trade order.

Upon the revocation of the temporary cease trade order, the Company will be required to make an application to the TSX Venture Exchange for reinstatement of trading. In order to be reinstated, the Company must show evidence that it meets the continued listing requirements of the TSX Venture Exchange and all other requirements that the exchange may impose.

There can be no assurance that trading in the Company's shares will resume through the facilities of the TSX Venture Exchange.

Cautionary Note Regarding Forward-looking Statements

Certain statements contained in this news release may constitute forward-looking information, within the meaning of Canadian securities laws. Forward-looking information may relate to this news release and other matters identified in Delta's public filings, Forward-looking information and anticipated events or results and can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited in any manner to, those with respect to capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other public filings of Delta, and include the ultimate availability and final receipt of required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, access to capital markets and other sources of financing and associated cost of funds, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime and the ultimate ability execute its business plan on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other Delta filings at and other unforeseen events or circumstances. Other than as required by law, Delta does not intend nor undertake any obligation to update any forward looking information to reflect, among other things, new information or future events.

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.

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