Macusani Yellowcake Inc.

Macusani Yellowcake Inc.

December 16, 2009 16:16 ET

Macusani Yellowcake Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwire - Dec. 16, 2009) – Macusani Yellowcake Inc. (TSX VENTURE:YEL) ("Macusani") announced today that, subject to shareholder and regulatory approval, it has granted options to acquire an aggregate of 1,850,000 common shares to directors, officers, employees 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.

About Macusani Yellowcake Inc.

Macusani owns over 24,000 hectares (240 km2) of mineral properties on the Macusani Plateau in Peru.

There are 55,881,284 common shares of Macusani outstanding.

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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