FBX First Bauxite Corporation (delisted)

First Bauxite Corporation (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI) ("First
Bauxite" or the "Company") is pleased to announce that it has granted incentive
stock options for the purchase of up to 1,200,000 common shares of the Company
at a price of $0.28 for a five-year period to certain directors of the Company.


About First Bauxite 

First Bauxite Corporation (TSX VENTURE:FBX) is a Canadian natural resource
company engaged in the exploration and development of bauxite deposits in
Guyana, South America. The Company has its head office in Toronto and is managed
by experienced geoscientists and business development professionals with
worldwide experience in the exploration and mining business across a number of
mineral commodities. The mission of First Bauxite is to become a near term,
medium size producer and supplier of high quality refractory grade sintered
(calcined) bauxite. First Bauxite controls a large land package in Guyana's
historical coastal bauxite belt, including the Bonasika Mining License and
twenty (20) Prospecting Licenses in the Essequibo-Demerara area. The Company has
also applied for a Permission for Geophysical and Geological Survey ("PGGS")
over a large area in Northeast Guyana that encompasses the two (2) Tarakulli
Prospecting Licenses previously held by the Company. The Company's Bankable
Feasibility Study Update defines and confirms the economic viability of an
operation based on sequential mining of two (2) bauxite deposits (Bonasika 6 and
Bonasika 7), and the construction of a washing plant facility, a sintering
plant, and load out facilities, at Sand Hills. The Bonasika 1, 2 and 5 deposits
are additional value and would increase the mine life from 36 years to 44.5
years. For further information on First Bauxite Corporation, please visit our
corporate website at www.firstbauxite.com.


On behalf of The Board of Directors of First Bauxite Corporation

Hilbert N. Shields, President & CEO 

Certain statements contained herein constitute "forward-looking statements".
Forward-looking statements look into the future and provide an opinion as to the
effect of certain events and trends on the business. Forward-looking statements
may include words such as "intent", "anticipated", "potential", "could", "will",
"would", "forecast" and similar expressions. These statements include, but are
not limited to, statements regarding  the conclusion of multi-year Off-Take
Agreements. These forward- looking statements are based on current expectations
and entail various risks and uncertainties. Actual results may materially differ
from expectations, if known and unknown risks or uncertainties affect our
business, or if our estimates or assumptions prove inaccurate, including but not
limited to, the accuracy of the Bonasika Feasibility Study Update, the
continuing interest of LOI counterparties to negotiate and conclude off-take
agreements and the continuing use and growth of global demand for ceramic
proppants. Factors that could cause results or events to differ materially from
current expectations expressed or implied by the forward-looking statements,
include, but are not limited to, competition or changes in the global sintered
bauxite and/or ceramic proppants markets, the effect of capital market
conditions and other factors on capital availability; availability of sufficient
financing to fund planned or further required work in a timely manner and on
acceptable terms; changes in project parameters as plans continue to be refined
and other risks more fully described in the Company's Annual Information Form,
which is available on SEDAR at www.sedar.com. Readers are cautioned not to place
undue reliance on the forward-looking statements contained in this press
release. Except as required by law, the Company assumes no obligation to update
or revise any forward-looking statement, whether as a result of new information,
future events or any other reason. Unless otherwise indicated, forward-looking
statements in this release describe the Company's expectations as of February
13, 2013.


FOR FURTHER INFORMATION PLEASE CONTACT: 
First Bauxite Corporation
Hilbert N. Shields
President & CEO
416-613-0910
www.firstbauxite.com

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