ESO Uranium Corp.

ESO Uranium Corp.

October 07, 2010 09:15 ET

ESO Welcomes Warren Stanyer to the Board

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2010) - ESO Uranium Corp. (TSX VENTURE:ESO)(FRANKFURT:E2G) (the "Company" or "ESO") is pleased to announce the addition on Warren Stanyer to the Board of Directors.

Mr. Stanyer has fifteen years of experience in the mineral exploration industry and has served as; a consultant, Corporate Secretary, Officer, Director, President and CEO to a number of public mineral exploration companies including Pioneer Metals Corporation ("Pioneer"), UEX Corporation ("UEX"), and Northern Continental Resources Inc. ("NCR").

Mr. Stanyer began his career with Pioneer which was a Gold, Base Metal and Uranium Exploration Company with properties in New Mexico, BC, Manitoba and Saskatchewan. In 1999, Pioneer signed an option agreement with Cameco Corporation, which led to the formation of the pure uranium exploration company, UEX. Mr. Stanyer held the positions of Corporate Secretary and Vice President, Corporate Development in both Pioneer and UEX. In 2006, Barrick Gold Corporation took over Pioneer and Mr. Stanyer became a consultant during the transition. 

In 2007, Mr. Stanyer began consulting for NCR, a Uranium exploration company and was appointed President and CEO in 2008. Hathor Exploration Limited ("Hathor") made a successful offer in July 2009 to take over NCR, in competition with Denison Mines.

Currently Mr. Stanyer is a consultant to mineral exploration companies and is a Director of Nevada Sunrise Gold Corp. (NEV-TSX.V) and New Moon Minerals Corporation (a private mineral exploration company). Mr. Stanyer is also President of two other private companies, Ionic Minerals Inc. (a brine research company) and Trailblazer Exploration Inc. (a diamond exploration company).

The Company also grants Mr. Stanyer 200,000 incentive stock options under its incentive stock option plan. The options are exercisable at $0.10 for a period of five years from the date of grant. All options are subject to a four-month hold period and are granted in accordance with the terms of the Company's stock option plan.

On behalf of the Board of Directors of ESO Uranium Corp.

Anthony Harvey, Chairman, President, CEO

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 release.

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