NWT Uranium grants stock options

TORONTO, Aug. 15 /CNW/ - NWT Uranium Corp. (TSX-V: NWT; OTCBB: NWURF) (the "Company") has granted an aggregate of 4,300,000 stock options to its directors and officers and certain of its consultants. Each such stock option entitles the holder thereof to acquire one common share of the Company at an exercise price of C$0.15 per share and expires 5 years from the date of grant.

ABOUT NWT URANIUM:

NWT Uranium Corp. (www.nwturanium.com) is an international resource exploration company with an experienced leadership team. Since its inception, NWT has concentrated on the acquisition of properties with potential uranium targets. NWT Uranium is listed on the NASD Bulletin Board under the symbol "NWURF" and the TSX Venture Exchange under the symbol "NWT."

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this news release.

This news release includes certain "forward looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the worldwide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.