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ESO Uranium Corp. Update

13.10.2012  |  CNW
VANCOUVER, Oct. 12, 2012 /CNW/ - ESO Uranium Corp. (TSX-V: ESO), (the "Company" or "ESO") announces the results of its Annual and Special General Meeting held today. The shareholders have elected Benjamin Ainsworth, James E. Yates, and Warren Stanyer as directors for the ensuing year. Shareholders have also voted to approve the Shareholders Rights Plan, the Stock Option Plan, and passed special resolutions to authorize a share consolidation and possible change of name of the Company.

In addition, Benjamin Ainsworth was appointed as President and CEO of the Company, Kurt Bordian was appointed CFO and Secretary of the Company and Garrett Ainsworth as appointed VP Exploration of the Company. Anthony (Tony) Harvey has resigned as Chairman, President, CEO and director of the Company due to personal reasons. The Company would like to thank Mr. Harvey for his valuable contributions and expertise to the Company and wish him success in his future endeavors.

The Company also announced that Fission Energy Corp., the Company's joint venture partner (50/50) on the Patterson Lake South Property in Saskatchewan, has commenced a drill program on the property.


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

"Ben Ainsworth"
President and CEO



THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX-VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This news release includes certain statements that express management's expectation or estimates of future performance and may be deemed "forward-looking statements". These forward-looking statements include plans, estimates, forecasts and statements as to management's expectations regarding these Properties. These forward-looking statements involve assumptions, risks and uncertainties and actual results may vary materially. For these reasons shareholders should not place undue reliance on such forward-looking information.

United States residents are cautioned that some of the information that may be published by ESO Uranium Corp. may not be consistent with United States Securities and Exchange Commission disclosure rules and may be materially different from what the Company is permitted to disclose in the United States and therefore United States residents should not rely on such information.




For corporate communications please contact:

Robert Meister
ESO Uranium Corp.
Vancouver, BC
Phone: (604) 629-0293
Toll Free: 1-866-629-8368
Email: info@esouranium.com
www.esouranium.com
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