White Canyon Uranium Limited

White Canyon Uranium Limited

December 08, 2010 12:17 ET

White Canyon Uranium Announces Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 8, 2010) - White Canyon Uranium Limited (TSX VENTURE:WU)(ASX:WCU) announces that a total of 20,000,000 stock options to purchase White Canyon's common shares are being granted to directors and officers at an exercise price of $0.15 per share, expiring on November 30, 2014. The grant is subject to regulatory approval.

About White Canyon

White Canyon Uranium Limited (TSX VENTURE:WU)(ASX:WCU) listed in March 2008 and has fast tracked to become an advanced uranium production company holding 100% interest in the Daneros Mine and the advanced Lark Royal, Thompson, Geitus, Blue Jay and Marcy Look projects, located in SE Utah, USA, which comprise approximately 15,500acres of mining claims and mineral leases. White Canyon entered the ranks of uranium producers in December 2009 with toll milling commencing November 2010 and 'yellow-cake' sales expected in December 2010.

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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