FIRST BAUXITE CORPORATION ANNOUNCES MANAGEMENT AND DIRECTOR CHANGES AS IT POSITIONS ITSELF TO DEVELOP THE BONASIKA REFRACTORY BAUXITE PROJECT IN GUYANA INTO A MAJOR WORLD PRODUCER

First Bauxite Corporation (“First Bauxite” or the “Company”) is pleased to announce that as its next major step in developing the Bonasika refractory bauxite mine into a major world producer, it has moved its office to Toronto where it is assembling a world class management team