Macusani Yellowcake Inc.

Macusani Yellowcake Inc.

November 19, 2008 16:44 ET

Macusani Yellowcake Completes Private Placement

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2008) - Macusani Yellowcake Inc. (TSX VENTURE:YEL)("Macusani") announced today that it has completed a non-brokered private placement of 505,952 common shares at a price of $0.28 per share for proceeds of $141,667. The proceeds from the private placement will be used for working capital and general corporate purposes. All shares issued in the private placement are subject to a 4-month hold period.

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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

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