Newsroom

VANCOUVER, Canada, September 11, 2008, Otish Energy Corp. (the “Otish”) (TSXV: OEI) is pleased to announce that it has entered into an option and joint venture agreement (the “Agreement”) with Pacific Bay Minerals (“Pacific Bay”), subject to regulatory approval, whereby Otish can earn up to a 60% interest in the Pacific Bay’s “Otish South” property located in the Otish Mountains uranium district, Quebec (the “Property”). The Property comprises 33 square kilometres and forms a key-shaped group of claims at the junction of large claim blocks controlled by Cameco, Ditem and Dios on the South West nose of the elongated Otish Basin.

Under the Agreement, to earn a 60% interest in the Property, Otish must over 3 years:

• pay Pacific Bay $150,000, $25,000 upon TSX-V approval
• issue to Pacific Bay 600,000 shares over time of which 100,000 shares upon TSX-V approval
• Incur $1,125,000 in exploration expenditures over 3 years, with $250,000 required in the first year

Upon Otish earning a 60% interest in the Property on completion of the above, the parties will form a joint venture whereby each will participate in programs and budgets according to their respective working interests.

“I’m very eager to collaborate with Pacific Bay on this tactically located property,” said Otish Energy President Steve Smith.

On Behalf of the Board,
Otish Energy Inc.

“Steve Smith”
Steve Smith
President

2008-09-05 10:57 PT – News Release

Mr. Steve Smith reports

Otish Energy Inc. has signed a definitive agreement to purchase a 100-per-cent interest in Services Miniers Lemco Inc.’s (Lemco) Otish SB4 and SB5 properties, located in the Otish Mountains uranium district.

The Otish SB4 and SB5 properties consist of 71 claims, comprising approximately 38 square kilometres, and will allow the company to extend toward west its Matoush North property. Otish Energy will then control additional ground only five kilometres east of the Matoush deposit.

Under the agreement, to earn a 100-per-cent interest in the property, Otish must:

• Pay Lemco $15,000 upon TSX-V approval;
• Issue to Lemco 200,000 shares of Otish upon TSX-V approval.

The company plans to explore the claims for unconformity-type uranium deposits, both above and below the basin unconformity, as well as for Matoush fault-type uranium deposits. The first phase of exploration will include a high-definition magnetic and radiometric airborne survey over the entire property, in order to generate prospecting targets. This transaction is subject to due diligence and the approval of the TSX Venture Exchange.

We seek Safe Harbor.

2008-09-04 13:08 PT – News Release

Mr. Steve Smith reports

Otish Energy Corp. has signed a definitive agreement to purchase a 100-per-cent interest in Stellar Pacific Venture Inc.’s, Otish SB1, SB2 and SB3 properties located in the Otish Mountains uranium district.

The Otish SB1, SB2 and SB3 properties consist of 82 claims, comprising approximately 43 square kilometres and will allow the company to join its Gateau’s block “D” and Matoush North properties into a single larger claim block. Otish Energy will then control additional ground east of the Matoush deposit and north of Cameco’s Otish property.

Under the agreement, to earn a 100-per-cent interest in the property, Otish must over three years: pay Stellar $70,000, $10,000 upon TSX Venture Exchange approval issue to Stellar 700,000 shares of Otish, 200,000 upon TSX-V approval, incur $675,000 in exploration expenditures over two years, with $225,000 required in the first year.

The company plans to explore the claims for unconformity-type uranium deposits both above and below the basin unconformity as well as for Matoush fault-type uranium deposits. The first phase of exploration will include a high-definition magnetic and radiometric airborne survey over the entire property in order to generate prospecting targets.

We seek Safe Harbor