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Exhibit 5.1 - Opinion of Cassels Brock & Blackwell LLP
CASSELS BROCK & BLACKWELL LLP
Scotia Plaza, Suite 2100
40 King Street West
Toronto, Canada M5H 3C2
416-869-5300
October 11, 2000
International Uranium Corporation
1050 Seventeen Street, Suite 950
Denver, Colorado 80265
Re: REGISTRATION STATEMENT ON FORM S-8
Ladies and Gentlemen:
At your request, we have examined the form of Registration Statement on
Form S-8 (the "Registration Statement") being filed by International Uranium
Corporation (the "Company"), with the Securities and Exchange Commission in
connection with the registration under the Securities Act of 1933, as amended,
of 6,700,000 shares of the Company's common stock, no par value ("Common
Stock"), issuable under the Company's Stock Option Plan.
We have examined the proceedings heretofore taken and are familiar with
the additional proceedings proposed to be taken by the Company in connection
with the authorization, issuance and sale of the securities referred to above.
Based on the foregoing, it is our opinion that the 6,700,000 shares of
Common Stock to be issued under the Plan against full payment in accordance with
the respective terms and conditions of the Plan will be legally and validly
issued, fully paid and nonassessable.
We consent to the use of this opinion as an exhibit to the Registration
Statement.
Very truly yours,
CASSELS BROCK & BLACKWELL
