Macusani Yellowcake Announces Grant of Stock Options

Macusani Yellowcake Announces Grant of Stock Options 
TORONTO, ONTARIO -- (Marketwire) -- 02/04/13 -- Macusani Yellowcake
Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) ("Macusani") announced today
that, subject to regulatory approval, it has it has granted stock
options to acquire an aggregate of 3,315,000 common shares to
directors, officers, employees and consultants of Macusani and its
Peruvian subsidiary under its stock option plan. Each option is
exercisable for a five year period to acquire one common share at a
price of $0.15 per share. The options granted all vest over an 18
month period from 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 southeastern Peru. The Company owns a 99.5%
interest in 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
159,473,613 shares outstanding. For more information please visit 
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. 
Macusani Yellowcake Inc.
Laurence Stefan
President and CEO
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