AMERICAN URANIUM LTD — Capital/Financing Update 2008

Jun 5, 2008

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6 June 2008

The Manager Company Announcements Office Australian Stock Exchange Limited PO Box H224 Australia Square SYDNEY NSW 2000

Dear Sir/Madam

RELEASE OF SECURITIES FROM ESCROW

Pursuant to Listing Rule 3.10A, the Company wishes to advise the ASX that the escrow period for 1,500,000 ordinary fully paid shares subject to escrow will end on 14 June 2008.

Yours faithfully GTI RESOURCES LTD

Darren Crawte Company Secretary

GTI Resources Ltd 13 Colin Street West Perth WA 6005 Phone: +61 8 9215 0400

ABN 33 124 792 132 PO Box 287 West Perth WA 6872 Facsimile: +61 8 9321 3628

www.gtiresources.com.au