LMD LED Medical Diagnostics Inc

Delta Uranium Inc. (TSX:DUR)("Delta" or the "Corporation") announces the closing
of the second and final tranche of a flow-through unit financing and the closing
of the first tranche of a hard dollar unit financing.


Second Tranche of Flow-Through Unit Financing

On November 6, 2009 the Corporation completed the second and final tranche of a
previously announced private placement (the "Flow-Through Private Placement") of
flow-through units ("FT Units") at a purchase price of C$0.06 per FT Unit. Each
FT Unit consists of one flow-through common share and one flow-through common
share purchase warrant (a "FT Warrant"). Each FT Warrant issued in the second
tranche are exercisable into one common share of the Corporation for a period of
two years until November 6, 2011, at a price of C$0.15 per share in year one and
at C$0.20 in year two.


Delta closed the first tranche of the Flow-Through Private Placement on October
7, 2009 with a total of 8,140,332 FT Units issued, raising gross proceeds of
$488,420. Please see Delta's press release of October 8, 2009 for details of the
first tranche closing. In the second tranche closing completed on November 6,
2009, Delta issued a total of 4,359,666 FT Units, raising gross proceeds of
$261,580. The Flow-Through Private Placement was fully subscribed by the two
tranches, with a total of 12,499,998 FT Units issued, raising in aggregate
$750,000.


Of the amount raised in both tranches, the MineralFields Group subscribed for
C$491,580 through the purchase of 8,192,998 FT Units (7,833,332 FT Units in the
first tranche and 359,666 FT Units in the second tranche). MineralFields Group
now holds approximately 18.65% of all issued and outstanding common shares of
the Corporation and is therefore an insider of the Corporation.


In the second tranche closing, the Corporation paid to Limited Market Dealer
Inc. ("LMD"), an affiliate of MineralFields Group, Toll Cross Securities Inc.
("Toll Cross") and Northern Securities Inc., a cash finder's fee equal to 5% of
the FT Units subscribed for by their respective clients. In addition, the
Corporation granted LMD and Toll Cross finder's fee options (the "Finder's
Options") to acquire in aggregate 1,069,299 finder's units ("Finder Units") with
35,966 Finder Units for LDM and 250,000 Finder Units for Toll Cross. Each
Finder's Option is exercisable at a price of C$0.06 into one Finder Unit for a
period of two years until November 6, 2011. Each Finder Unit will consist of one
non-flow-through common share and one non-flow-through share purchase warrant.
The warrants will have the same exercise price and terms as the FT Warrants
issued under the second tranche of the Flow-Through Private Placement.


All securities issued in the second tranche Flow-Through Private Placement are
subject to a four months hold period expiring March 7, 2010.


The proceeds of the Flow-Through Private Placement financing will be used to
incur Canadian Exploration Expenses (as defined in the Income Tax Act (Canada))
at Delta's properties in Ontario, Saskatchewan and Newfoundland.


First Tranche of Hard Unit Financing

Delta is also pleased to announce the closing of the first tranche of a
previously announced private placement financing (the "Hard Unit Private
Placement") of up to 4,916,667 non-flow-through units (the "Units"). A total of
2,666,666 Units were issued today at $0.06 per Unit for non-insider subscribers
and $0.078 per Unit for insider subscribers, raising gross proceeds of $195,400.
Each Unit is comprised of one common share in the capital of the Corporation and
one common share purchase warrant (a "Warrant"). Each Warrant will be
exercisable into one common share in the capital of the Corporation at any time
on or before November 11, 2011 at an exercise price of $0.15 per share if
exercised in the first year, or $0.20 per share if exercised in the second year.


Four insiders of the Corporation, Messrs. Wayne Isaacs (Chairman & CEO), Kirk
Boyd (Director and COO), Colin Bowdidge (Director) and Rick Bonner (Director)
subscribed for 1,966,666 Units, or 40% of the maximum number of Units issuable
in the Hard Unit Private Placement, at $0.078 per Unit which is the current
market price of the Corporation's common shares on the Toronto Stock Exchange.


All securities issued in the first tranche Hard Unit Private Placement are
subject to a four months hold period expiring March 12, 2010.


The proceeds of the Hard Unit Private Placement will be used for general working
capital purposes.


Depending on market conditions, the Corporation may proceed with a second
tranche closing by selling further Units.


Resignation of Director

Delta also wishes to announce that due to personal time commitments, Patrick
Mohan has tendered his resignation from the Board of Directors. We thank him for
his dedicated service to the Board and the Corporation and wish him the very
best for the future.


About MineralFields

MineralFields Group (a division of Pathway Asset Management) based in Toronto,
Vancouver and Calgary, is a mining fund with significant assets under
administration that offers its tax-advantaged super flow-through limited
partnerships to investors throughout Canada as well as hard-dollar resource
limited partnerships to investors throughout the world. Pathway Asset Management
also specializes in the manufacturing and distribution of structured products
and mutual funds. Information about MineralFields Group is available at
www.mineralfields.com. First Canadian Securities(R) is active in leading
resource financings (both flow-through and hard dollar PIPE financings) on
competitive, effective and service-friendly terms, and offers investment
banking, mergers and acquisitions, and mining industry consulting services to
resource companies. MineralFields and Pathway have financed several hundred
mining and oil and gas exploration companies to date through First Canadian
Securities(R).


About Delta Uranium Inc.

Delta Uranium is TSX listed Canadian exploration company actively engaged in the
acquisition, evaluation and exploration of uranium mineral properties in
northeastern and northwestern Ontario, Athabasca Basin and Western Newfoundland,
Canada.


Forward-looking information

This press release includes "Forward-Looking Information" within the meaning of
the applicable securities legislation. Forward-looking information can be
identified by the use of words such as "may," "should," "expects," "plans,"
"anticipates," "believes," "estimates," "predicts," "intends," "continues," or
the negative of such terms, or other comparable terminology. All statements
regarding the proposed use of proceeds and completion of future tranches of the
Hard Unit Private Placement are forward-looking information that involves
various risks and uncertainties. There is no assurance that further tranches of
the Hard Unit Private Placement will be completed set forth in this press
release or at all. There can be no assurance that such information will prove to
be accurate and actual results and future events could differ materially from
those anticipated in such information. Important factors that could cause actual
results to differ materially from these forward-looking information include:
global economic factors, which may affect the availability and cost of
financing; results of due diligence reviews by financing parties; unforeseen
obstacles in the exploration work; increases in anticipated cash costs,
operating costs, mining costs, capital expenditures and other costs; delays in
obtaining equipment or personnel; decreases in anticipated mineral resources and
metal prices, and other factors disclosed under the heading "Risk Factors" and
elsewhere in Delta documents filed from time to time with the Toronto Stock
Exchange, the Ontario Securities Commission and other regulatory authorities.
All forward-looking information included in this press release is based on
information available to Delta on the date hereof. Delta assumes no obligation
to update any forward-looking information unless required by law.

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