Uranium Development Consortium Formed

  Anglo Canadian Uranium Corp. (TSX-V: URA)
(the "Company") is pleased to announce it has entered into an agreement to
bring southwestern United States uranium exploration properties and a state
of the art mill project to the market place as a consolidated uranium
resource play. This agreement is with Mancos Resources Inc. (MRI), Bluebird
Partners, LLC and Drilling Consultants Inc. (DRI), and will enable the
consortium of companies to effectively develop long term uranium production
to supply the growing demand for nuclear power. This agreement is
non-exclusive and will allow the Company to continue and maintain
discussions with additional uranium exploration and production companies
for further development of projects. This agreement also does not impact
the previous arrangement with a senior uranium producer in the Four Corners
region and the continued development of the URA mine located in the Bull
Canyon region of Colorado.

Anglo Canadian Uranium is an advanced exploration and development company with thirteen (13) uranium and vanadium projects located in the Four Corners region of the United States. All projects are located in close proximity to historical uranium production operations, with some project areas containing historical resources. The Company has focused on continuing the permit process required for future exploration and production at its project areas, and views this new uranium consortium as instrumental in the continued development of the United States uranium industry.

Anglo Canadian's projects in the Four Corners region are as follows:

   Location       Ownership     Size             Highlight
   --------       ---------     ----             ---------

Spider Rock,        100%      4 claims    Historical resource contained
 Colorado

Joseph, Colorado    100%    106 claims    Contains 5 former producing mines

Eula Belle,         100%     52 claims    Drill program completed, 1.5 M
 Colorado                                  pounds U3O8 and 7 M pounds
                                           vanadium  historical production

King, Colorado      100%    250 claims    Lies between two major producing
                                           mines, adjacent to DOE leases

Wild Steer,         100%     31 claims    Contains 2 former producers
 Colorado

Gunslinger,         100%     41 claims    Surrounded by 3 DOE uranium
 Colorado                                  reserve lands

Tomcat, Colorado    100%     81 claims    Contains 3 former producers

Lonestar, Colorado  100%    110 claims    Contains 2 former producers
                              in two
Gunfighter,         100%     locations    Contains 1 former producer
 Colorado

Dragon, Utah        100%     30 claims    High scintilometer counts
                         including one
                          mile area of
                            interest

Locuist, Utah       100%     19 claims    Contains former producing mine

O8, New Mexico      100%     1920 acre    Adjacent to former producing mine

Holley, New Mexico  100%    3200 acres    Within 4 miles of Marquez Uranium
                                           Mine

Mancos Resources Inc. and their wholly owned subsidiary Bluerock Energy Corp, are U.S. corporations with offices in Green River, Utah, and Cortez, Colorado. MRI's conventional uranium mill project is located on 640 acres of private land near the town of Green River, Utah. MRI Principals spent two years implementing an exhaustive multi-state site selection process. The site selection criteria included regulatory, environmental, political, geologic, hydrologic, access, and infrastructure elements. The mill is in the geotechnical and environmental baseline data gathering phase of permitting. MRI's next phase of development is initiating a geotechnical drilling program, and crafting and issuing a Request for Qualifications / Request for Proposals from design/build firms for plant engineering design and construction.

BlueBird Partners, LLC is a grass roots geological and mineral property development company with experience, expertise, and uranium properties in the southwestern US.

Drilling Consultants Inc., a U.S. corporation, has extensive holdings in the uranium districts of Colorado, Utah, and New Mexico.

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 at www.anglocanex.com

ON BEHALF OF THE BOARD OF DIRECTORS:

"Len J.Harris"
Len J. Harris, President

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.

Contact: Len J. Harris President T: 604 669 6807 Toll Free: 866 488 3838 E: [e-mail]