International Enexco Limited

International Enexco Limited

December 19, 2012 09:00 ET

Ron Hochstein Joins International Enexco as Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2012) - International Enexco Ltd. (TSX VENTURE:IEC)(OTCQX:IEXCF)(FRANKFURT:I6E) ("Enexco") is pleased to announce that Ron Hochstein has joined Enexco as a member of its Board of Directors.

Ron has been the Chief Executive Officer of Denison Mines Corp. since 2009 and President since 2006. He has served as a director of Denison Mines since April 2000. Ron joined Denison in October 1999 as Vice President, Corporate Development and later served as Vice President and Chief Operating Officer. Prior to that, Ron was a Project Manager with Simons Mining Group and was with Noranda Minerals as a metallurgical engineer. Ron is a Professional Engineer and holds an MBA from the University of British Columbia and a B.Sc. from the University of Alberta.

Mr. Arnold Armstrong, President and CEO states, "We are very pleased to welcome Ron to our Company's Board. His vast experience in uranium will further enhance the strength of our Board."

In addition, the Company reports that Mr. Terry Hodson has resigned as a director of the Company, effective as of January 1, 2013 but will remain on a consultant for the Company. The Board would like to thank Mr. Hodson for his years of service to the Company and wishes him success in all of his future endeavors.

About International Enexco Ltd.

International Enexco Ltd. is a North American exploration and development company focused on the feasibility stage Contact Copper Project in northern Nevada and the Mann Lake Uranium Project located in Saskatchewan's prolific Athabasca basin. The Mann Lake project is a joint venture with Cameco (52.5%) as operator and AREVA (17.5%) - two of the world's largest uranium companies.

On behalf of the Board of Directors, I look forward to keeping you updated with our corporate developments.

G. Arnold Armstrong, President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements. A feasibility study has not been completed and there is no certainty the disclosed targets will be reached nor that the proposed operations will be economically viable. We seek safe harbour.

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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