Macusani Yellowcake Inc. (the "Company") (TSX VENTURE:YEL)(FRANKFURT:QG1)
announced that it has filed on SEDAR a National Instrument 43-101 technical
report containing the initial uranium resource estimate for the Chilcuno Chico
drill area of the Company's Kihitian Property, details of which were provided in
the Company's press release dated June 21, 2012. 


The Company also announced that, subject to regulatory approval, it has granted
stock options to acquire 1,500,000 common shares under its stock option plan to
Dr. Laurence Stefan in connection with his appointment as President and Chief
Executive Officer of the Company. Each option is exercisable for a five year
period to acquire one common share at a price of $0.14 per share. The options
granted vest as to one-third on each of the 6, 12 and 18 month anniversaries of
the date of grant.


About Macusani Yellowcake 

Macusani Yellowcake Inc. is a Canadian uranium exploration and development
company focussed on the exploration of its properties on the Macusani Plateau in
south-eastern Peru. The Company has concessions which cover over 90,000 hectares
(900 km2) and are situated near significant infrastructure. Macusani Yellowcake
is listed on the TSX Venture Exchange under the symbol 'YEL' and the Frankfurt
Exchange under the symbol 'QG1'. The Company has 167,047,475 shares outstanding.
For more information please visit www.macyel.com.