Press Release

Feb 09, 2009 11:27 ET

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TORONTO, ONTARIO--(Marketwire - Feb. 9, 2009) - Macusani Yellowcake Inc. (TSX VENTURE:YEL) ("Macusani") announced today that it has it has granted options to acquire an aggregate of 1,913,000 common shares to directors, officers and consultants of the Company and its subsidiary under Macusani's stock option plan. Each option is exercisable to acquire one common share at a price of $0.25 per share for a five year period. The options vest as to one-third immediately and one-third on each of the 7 and 13 month anniversaries of the date of grant.

About Macusani Yellowcake Inc.

Macusani controls over 20,000 hectares (2,000 km2) of mineral exploration properties prospective for uranium on the Macusani plateau in Peru.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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