Exhibit 99.3
N E W S R E L E A S E
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August 25, 2008 | Trading Symbol:URA – TSX.V |
Private Placement
Anglo Canadian Uranium Corp. (URA on TSX.V) (the “Company”) announces that as a result of increased demand the Company has increased the non-brokered private placement as announced in the Company’s News Release dated June 5, 2008 and subsequently amended on August 18th, 2008. The proposed private placement has been increased from 1,000,000 flow-through units to 2,300,000 units. Each unit consists of one common share and one-half of one share purchase warrant. Each full warrant is exercisable for a period of one year at an exercise price of $0.25 per share.
A finder’s fee may be payable on a portion of the private placement. This private placement is subject to approval by the TSX Venture Exchange.
About Anglo-Canadian Uranium Corp.
Anglo-Canadian is an aggressive uranium and gold exploration company with several properties located in Canada and the United States. The Company’s current projects include uranium projects located in Colorado, Utah, New Mexico and Quebec, and gold and base metals projects in British Columbia. The Company’s focus is to acquire uranium and gold deposits in strategic locations through acquisition and option arrangements, and further develop these projects with experienced management teams.
For more information on the Company and its projects, please visit the website atwww.anglocanex.com
ON BEHALF OF THE BOARD OF DIRECTORS:
“Len J. Harris”
Len J. Harris, President
T: 604 669 6807
Toll Free: 866 488 3838
E:len@anglocanex.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
