Energizer Resources to Present Green Giant Vanadium Project at Modern Energy Investor Forum

TORONTO, ONTARIO -- (Marketwire) -- 09/22/10 -- Energizer Resources Inc. (formerly Uranium Star Corp.) (TSX VENTURE: EGZ)(OTCBB: ENZR)(FRANKFURT: YE5) ('Energizer Resources' or 'the Company') announces it will be presenting its Green Giant Vanadium Project at the MINE LLC 2010 Modern Energy Investor Forum on September 24, 2010 in Denver, Colorado.

The Modern Energy Investor Forum (MEIF) is the foremost investor meeting in North America for modern energy.

The Modern Energy Investor Forum is designed to showcase emerging companies in the modern energy sector by bringing together company executives with major investors and analysts from around the world.

The sponsoring energy companies of the Modern Energy Investor Forum and attendees are pre-qualified and receive personalized invitations to participate in the Forum. MINE LLC's client list of investors spans the world with a density in North America, Western Europe, South Africa and the Middle East.

Brent Nykoliation, Vice President of Business Development, who will be making the presentation, commented: 'We are fortunate to once again be given this opportunity to present our Green Giant vanadium project to potential investors and executives in the clean energy space. Our vanadium project is being positioned to play a pivotal role in the rapidly developing 'green' market as vanadium-based battery technologies emerge. Participation at the Modern Energy Investor Forum will allow Energizer Resources to showcase our project as it is developed into a significant supplier of vanadium to the renewable energy and steel industries'.

Live Webcast

A live webcast of Energizer Resources' presentation scheduled at 11:15am MST on Friday September 24, 2010 can be viewed by visiting Energizer's website at www.energizerresources.com and clicking on the link to register for the Forum. Energizer Resources invites interested shareholders and others to hear the latest developments on its Green Giant vanadium project by listening in on the webcast.

For more information, please visit our website at www.energizerresources.com.

Safe Harbour Statement: The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release issued by the Company. This press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from expectations and projections set out herein.

Forward-looking statements include, receipt of regulatory approval, statements on the proposed use of proceeds; completion of financing on terms proposed; the ability to raise additional funds as required; the development potential and timetable of the Company's properties and minerals; the current and future price of minerals the Company explores; the estimated size of mineral deposits on the Company's properties; the realization of those mineral deposit estimates; the timing and amount of estimated future exploration, development and production; costs of future exploration, development and production activities; success of exploration activities; government regulatory matters; discussion of political and environmental risks.

Forward-looking statements are based on the opinions and estimates of management of the Company. Forward-looking statements are subject to known and unknown risks that may cause actual results to be materially different from stated opinions and estimates of management. Some of the Company's more material risks are: availability and timing of external financing; unexpected events and delays during exploration; receipt of government and stock exchange approvals; results of current exploration activities; future price of minerals; political risks in the locations of the Company's properties; appreciation/depreciation of foreign currencies relative to the United States Dollar (the Company's functional currency) and other risks inherent in the mining and exploration industry.

While Company's management has attempted to determine the factors that could cause actual results to differ materially from estimated results contained in forward-looking statements, there may be other factors that cause results not to be as anticipated. The Company provides no assurance that such forward-looking statements will prove accurate or not materially different than projected. Therefore readers of this and other press releases issued by the Company should not place unreasonable reliance on stated forward-looking statements.

This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:

Energizer Resources Inc.

Brent Nykoliation

Vice President of Business Development

Toll Free: 800.818.5442 or 416.364.4911


Energizer Resources Inc.

Julie Lee Harrs

President and COO

Toll Free: 800.818.5442 or 416.364.4911
bnykoliation@energizerresources.com
www.energizerresources.com