VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/06/10 -- FIRST BAUXITE CORPORATION ('First Bauxite' or the 'Company') (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) is pleased to announce that the Company has entered into a second amendment dated June 29, 2010 (the 'Amendment') to its Letter of Understanding (the 'LOU') dated May 23, 2008, as subsequently amended on June 17, 2009, with Rio Tinto Mining and
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