Financing Completed

Jan. 18, 2010 (TheNewswire.ca) --

Anglo Canadian Uranium Corp. (TSX-V: URA)(the "Company") is pleased to announce the closing of a non-brokered private placement in the amount of C$149,760. This financing consists of 828,000 flow-through shares and 420,000 non-flow through shares at a price of $0.12. The flow-through units include a half warrant, and the non-flow through units include a full warrant, both with an exercise price of $0.15 for a period of two years. A finder's fee in the amount of $13,060 was paid in conjunction with the financing.

All shares issued are subject to a four month hold period ending on April 24, 2010.

About Anglo-Canadian Uranium Corp. (TSXV:URA)

Anglo Canadian Uranium is a junior mineral exploration company with uranium, copper, and gold properties in Quebec, Colorado, Utah, British Columbia, and Yukon. 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

T: 604 669 6807

Toll Free: 866 488 3838

E: len@anglocanex.com

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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