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VANCOUVER, Canada, October 29, 2008, Otish Energy Corp. (“Otish”) (TSX-V: OEI) is pleased to announce that it has signed a letter agreement with Nanostructured Mineral Corporation (“NMC”) and ZEOX Corporation (ZEOX) (TSX-V:ZOX) whereby Otish, NMC and ZEOX will form a collaborative development joint venture to acquire mineral rights that are prospective for Potash in the province of Saskatchewan.

The intent of the JV will be to acquire as many mineral rights as possible in the province for the mutual benefit of all parties. Otish recognizes that NMC, ZEOX and its management possess the historical knowledge and technical expertise in order to efficiently explore for Potash in Saskatchewan.

ZEOX and NMC are co-owners of the Palo plant site. The Palo plant site includes 682 acres of land, Sodium Sulphate mineral leases, buildings, plant and equipment.

If the acquisition of Potash mineral rights are successful, Otish, NMC and ZEOX will enter into a joint venture agreement concerning the exploration and development of the claims. The parties initial interests in the JV will be 80% as to Otish, 10% as to NMC and 10% as to ZEOX. Otish will be the operator for so long as Otish holds a minimum 50% interest in the JV. The JV will provide that if the acquisitions of the Potash mineral rights are successful, and sufficient Potash is discovered on the claims to warrant commercial production, the JV will utilize the infrastructure located at NMC’s site in Palo, Saskatchewan and that NMC will receive an additional 10% of potential net revenues.

About ZEOX

ZEOX CORPORATION is a Canadian public company listed on the TSX Venture Exchange that trades under the symbol ZOX. ZEOX was incorporated in Alberta in 1997.

ZEOX headquarters are located in Peachland, British Columbia, Canada where the ZEOX team continuously develops its products and technologies to meet the needs of current and emerging markets globally. ZEOX Corporation supplies technologically advanced products for catalytic and cementaceous applications, environmental applications for clean air water and gas streamsand nuclear waste remediation.

On Behalf of the Board,

Otish Energy Inc.

“Steve Smith”
Steve Smith
President

Also News Release (C-PBM) Pacific Bay Minerals Ltd (2)

Mr. Steve Smith of Otish reports

OTISH CLOSES PACIFIC BAY MINERALS JOINT VENTURE AGREEMENT

Otish Energy Inc. has closed the joint venture agreement dated Sept. 10, 2008, between Otish Energy Inc. and Pacific Bay Minerals Ltd., as reported in Stockwatch on Sept. 11, 2008.

The Otish South property consists of 63 claims, comprising 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 southwest nose of the elongated Otish basin.

Under the terms of the agreement, to earn a 60-per-cent interest in the property, Otish must, over three years:

Pay the company $150,000, $25,000 upon TSX Venture Exchange approval;
Issue to Pacific Bay 600,000 shares of Otish, 100,000 upon TSX-V approval;
Incur $1,125,000 in exploration expenditures over three years, with $250,000 required in the first year.

All of the securities issued in connection with the acquisition will have a hold period expiring four months and one day from the closing date.

Also News Release (C-SPX) Stellar Pacific Ventures Inc

Mr. Steve Smith of Otish reports

OTISH CLOSES STELLAR PACIFIC VENTURE OTISH BASIN PURCHASE

Otish Energy Corp. has closed 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; and incur $675,000 in exploration expenditures over two years, with $225,000 required in the first year.

All of the securities issued in connection with the acquisition will have a hold period expiring four months and one day from the closing date.

We seek Safe Harbor.

Mr. Steve Smith reports

OTISH CLOSES LEMCO OTISH BASIN PURCHASE

Otish Energy Corp. has closed a definitive agreement to purchase a 100-per-cent interest in Services Miniers Lemco Inc.’s 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 Venture Exchange approval;
Issue to Lemco 200,000 shares of Otish upon TSX-V approval.
There is a pre-existing 1.5-per-cent net smelter return payable to the original owner. The company has the option to reduce this net smelter return for a cash payment to be negotiated. In addition, there is an additional 2-per-cent net smelter return relating to the current acquisition. The company may at any time purchase 1 per cent of the net smelter return for $1-million in order to reduce the total net smelter return to 1 per cent.

All of the securities issued in connection with the acquisition will have a hold period expiring four months and one day from the closing date.

We seek Safe Harbor.