Macusani Yellowcake Proposes to Issue Shares to Settle Debt

TORONTO, ONTARIO–(Marketwired – Jan. 30, 2015) – Macusani Yellowcake Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) (“Macusani” or the “Company“) today announced that, subject to regulatory and disinterested shareholder approval, it is proposing to issue 3,152,750 common shares to Colibri Mining North S.A.C. (“Colibri”), a company controlled by Laurence Stefan its President and Chief Operating Officer, to settle amounts that will be due and owing to it.