AMERICAN URANIUM LTD — Capital/Financing Update 2009

Jul 23, 2009

==> picture [422 x 71] intentionally omitted <==

24 July 2009

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 the following securities will end on 10 August 2009.

Security Description	Number
Ordinary fully paid shares	9,000,000
Options exercisable at $0.30 each on or before 19 December 2009	5,500,000
Options exercisable at $0.40 each on or before 19 December 2011	4,500,000

Yours faithfully GTI RESOURCES LTD

==> picture [132 x 54] intentionally omitted <==

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