Otish Energy Inc.
TSX VENTURE : OEI

Otish Energy Inc.

October 28, 2009 10:45 ET

Otish Energy Acquires Claims Adjacent to Lac Du Raton Ree Property, Lac St-Jean Area, Quebec

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 28, 2009) - Otish Energy Inc. (the "Company") (TSX VENTURE:OEI) has enlarged its recently acquired Lac Du Raton property by map designation of 55 additional claims covering approximately 3 080 hectares. The Lac Du Raton property is now comprised of 64 claims covering approximately 3 585 hectares and is located roughly 150 kilometers west of Chicoutimi, Quebec. Registration of the claim titles is pending with Quebec's Ministry of Natural Resources and Wildlife.

The Lac Du Raton property is composed of felsic and alkaline intrusive rocks with stockworks of magnetite hosted by charnockitic and felsic gneisses. Grab samples from outcrops yielded values up to 1.22% total rare earth elements (TREE) with neodymium up to 0.19%. Neodymium is the prime metal in the manufacturing of special magnets for the automotive industry.

The company began data compilation of the Lac Du Raton area and intends to realize a remote sensing study as well as an airborne geophysical survey.

We seek Safe Harbor.

About Otish Energy: The Company explores for unconformity-type uranium deposits, both above and below the basin unconformity, as well as for RRE deposits.

Benoit Moreau, P. Eng. Vice President, Exploration for Otish Energy, is a qualified person (is such is defined in National Instrument 43-101) and is responsible for the geological information presented herein.

Forward-Looking Statement: This news release contains certain forward-looking statements. These forward-looking statements are subject to a variety of risks and uncertainties beyond the Company's ability to control or predict and are not be interpreted as guarantees for future performance. These forward-looking statements could cause actual events or results to differ materially from those anticipated in such forward-looking statements. All forward-looking statements speak only as of the date of this news release and the Company does not undertake any obligation to update or publicly release any revisions to such forward-looking statements to reflect events, circumstances, or changes in expectation after the date hereof, except as required by law. Accordingly, readers should not place undue reliance on such forward-looking statements.

Neither the 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 news release.

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