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Otish Energy Acquires The Noyelles Gold Property, Abitibi Area, Quebec


VANCOUVER, BC- Canada, December 3, 2009 – Otish Energy Inc. (the “Company”) (TSX – V: OEI) has entered into a property purchase and sale agreement (the “Agreement”) with Sylvie Charbonneau (the “Vendor”), from Morin-Heights, Quebec, to acquire (the “Acquisition”) a 100% interest in 66 mineral claims forming the Noyelles Property in the Noyelles and Bruneau Townships, Abitibi Area of Quebec (the “Property”). In consideration of the Acquisition, the Company has agreed to pay the Vendor the sum of $10,000 and issue 120,000 common shares in its capital stock upon Exchange approval and claim title transfer. The property is subject to a 1% NSR in favor of the Vendor. The Company will have the option to reduce the NSR, at any time, to 0.5% for a cash payment of $1,000,000 to the Vendor.

The Noyelles Property covers approximately 3,697 hectares and is located roughly 60 kilometres northwest of the town of Lebel-sur-Quévillon, Quebec. Several logging roads transect the Property providing an excellent access. The Property lies within the Casa Berardi – Cameron deformation corridor that hosts several orebodies and gold deposits, notably the Casa Berardi gold mine with over 5 M ounces of gold and the Discovery deposit with more than 500,000 ounces of gold. The Property is located approximately 20 kilometres from the Discovery deposit.

The Property geology consists of mafic volcanic rocks of the Taïbi Group that is in contact with miscellaneous sedimentary rocks that include sandstones, conglomerates, siltstones, mudstones, tuff and iron formations.

The Company will quickly review all the existing information relevant to this Property and recommend an appropriate exploration program. The Company plans a diamond drill campaign in the Fall of 2010 to follow-up on ground prospecting anomalies.

About Otish Energy : The Company explores for unconformity-type uranium deposits, both above and below the basin unconformity, for Rare Earth Elements and gold.

Benoit Moreau, P. Eng. Vice President, Exploration for Otish Energy, is a qualified person (is such is defined in National Instrument 43-101) and is responsible for the geological information presented herein.

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

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

For additional information please contact:

Otish Energy Inc.

Steve Smith

President

700 Pender Street W, Suite 204

Vancouver, BC V6C 1G8

Tel: (604) 642-0115

Email: steve.smith@telus.net

Otish Energy Inc.

Benoit Moreau

Vice President – Exploration

666 Sherbrooke W, Suite 1002

Montreal, QC H3B 1E7

Tel: (514) 759-8702

Email: bmoreau@otishenergyinc.com

Otish Energy Acquires The Chicobi Gold Property, Abitibi Area, Quebec


VANCOUVER, BC- Canada, December 2, 2009 – Otish Energy inc. (the “Company”) (TSX – V: OEI) has entered into a property purchase and sale agreement (the “Agreement”) with Sylvie Charbonneau (the “Vendor”), from Morin-Heights, Quebec, to acquire (the “Acquisition”) a 100% interest in 54 mineral claims forming the Chicobi Property in the Ligneris Township, Abitibi Area of Quebec (the “Property”). In consideration of the Acquisition, the Company has agreed to pay the Vendor the sum of $15,000 and issue 120,000 common shares in its capital stock upon Exchange approval and claim title transfer. The property is subject to a 1% NSR in favor of the Vendor. The Company will have the option to reduce the NSR, at any time, to 0.5% for a cash payment of $1,000,000 to the Vendor.

The Chicobi Property covers approximately 2,932 hectares and is located roughly 125 kilometres northwest of Val-D’Or, Quebec. Several gravel roads transect the Property providing an excellent access. To the north, the Property is contiguous to Vior’s Ligneris gold property where previous diamond drill intersections have yielded values up to 70 g/t of Au. The property is bordered to the south by the Berry-Desboues syenite that hosts several gold showings. Agnico Eagle Mines holds a Property near or including that syenite.

The Chicobi volcano-sedimentary belt comprises the Octave formation consisting of felsic tuff, rhyolite and intermediate volcanics and the Chicobi Group constituted of wacke, siltstone and mudstone that are sometimes interbedded with iron formations. Several felsic intrusives are also present.

The Company will quickly review all the existing information relevant to this Property and recommend an appropriate exploration program. The Company plans a diamond drill campaign in the Fall of 2010 to follow-up on ground prospecting anomalies.

About Otish Energy: The Company explores for unconformity-type uranium deposits, both above and below the basin unconformity, for Rare Earth Elements and gold.

Benoit Moreau, P. Eng. Vice President, Exploration for Otish Energy, is a qualified person (is such is defined in National Instrument 43-101) and is responsible for the geological information presented herein.

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

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. The Company disclaims any intention or obligation to revise or update such statements.

For additional information please contact:

Otish Energy Inc.

Steve Smith

President

700 Pender Street W, Suite 204

Vancouver, BC V6C 1G8

Tel: (604) 642-0115

Email: steve.smith@telus.net

Otish Energy Inc.

Benoit Moreau

Vice President – Exploration

666 Sherbrooke W, Suite 1002

Montreal, QC H3B 1E7

Tel: (514) 759-8702

Email: bmoreau@otishenergyinc.com

Otish Energy acquires 55 extra claims at Lac Du Raton


Mr. Steve Smith reports

OTISH ENERGY ACQUIRES CLAIMS ADJACENT TO LAC DU RATON REE PROPERTY, LAC ST-JEAN AREA, QUEBEC

Otish Energy Inc. has enlarged its recently acquired Lac Du Raton property by map designation of 55 additional claims covering approximately 3,080 hectares. The Lac Du Raton property now consists of 64 claims covering approximately 3,585 hectares and is located roughly 150 kilometres west of Chicoutimi, Que. Registration of the claim titles is pending with Quebec’s Ministry of Natural Resources and Wildlife.

The Lac Du Raton property consists of felsic and alkaline intrusive rocks with stockworks of magnetite hosted by charnockitic and felsic gneisses. Grab samples from outcrops yielded values up to 1.22 per cent total rare earth elements (TREE) with neodymium up to 0.19 per cent. Neodymium is the prime metal in the manufacturing of special magnets for the automotive industry.

We seek Safe Harbor.

Otish consolidates shares 1:4, acquires Lac du Raton


Mr. Steve Smith reports

OTISH ENERGY ANNOUNCES CONSOLIDATION, ACQUISITION AND PRIVATE PLACEMENT

Otish Energy Corp will be proceeding with the consolidation of its issued share capital on a 1:4 basis. The company received shareholder approval to the consolidation at its annual and special meeting held on Feb. 26, 2009. Following completion of the consolidation, the company will have 14,447,942 shares outstanding.

The company has also entered into a property purchase and sale agreement with Nicolas Lavoie and Martin Neron, both of Chicoutimi, Que., to acquire a 100-per-cent interest in nine mineral claims forming the Lac du Raton property in the Quesnel township, Lac St-Jean area of Quebec. In consideration for the acquisition, the company has agreed to pay to the vendors the sum of $30,000 and issue 120,000 post consolidated common shares in its capital stock, over a period of two years. The property is subject to a 2-per-cent NSR in favour of the vendors. The company will have the option to reduce the NSR, at any time, to one per cent for a cash payment of $1-million to the vendors.

The Lac du Raton property comprises felsic and alkaline intrusive rocks with stockwerk of magnetite Matoush Northhosted by charnockitic and felsic gneisses. Three grab samples from outcrops yielded total rare earth elements (TREE) values up to 1.22 per cent with Nd (neodymium) content as high as 0.19%. Neodymium is the prime metal in the manufacturing of special magnets for the automotive industry. Results are as follows:

Sample No. Rock type TREE Nd one

93451 felsic breccia 0.85 per cent 0.13 per cent

193456 felsic breccia 0.74 per cent 0.12 per cent

193470 felsic gneiss 1.22 per cent 0.19 per cent

In order to fund the initial acquisition costs and exploration commitments of the acquisition, the company has negotiated a private placement totalling $1-million. These funds will be raised by the Company issuing a combination of up to 7.5 million post consolidated flow-through common shares at a post consolidated price of 10 cents per share, and up to 2.5 milion non-flow-through units at a post-consolidated price of 10 cents per unit, each unit consisting of one post consolidated common share and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional post-consolidated common share of the company at a post consolidated price of 15 cents for the first year and 20 cents for the second year; provided however, that in the event the closing price of the company’s shares on the TSX Venture Exchange exceeds 40 cents for 20 consecutive trading days, the Company shall have the right to accelerate the exercise period of the warrants to a date that is not less than 30 days from the date of the company provides notice of its election to accelerate the exercise period.

Finder’s fees may be payable on a portion of the private placement, in accordance with the policies of the TSX Venture Exchange.

A portion of the net proceeds of the private placement will also be used to further exploration on the company’s Matoush North and Tonka properties and for working capital purposes.

Otish Energy and Santoy Resources Ltd Dissolve Joint Venture Agreement


VANCOUVER, Canada, March 10, 2009, Otish Energy Corp. (the “Company”) (TSXV: OEI and Santoy Resources Ltd. (TSX.V: SAN) announce that they have mutually agreed to dissolve their Joint Venture covering certain properties in the Otish Mountains of central Quebec.

In return for forgiveness of an outstanding debt of $612,571.28, Otish Energy has agreed to transfer its fifty percent interest in the mineral properties of the Joint Venture.

On Behalf of the Board,

Otish Energy Inc.

“Steve Smith”
Steve Smith
President

Otish Signs LOI with Nanostructured Minerals Corporation and ZEOX Corporation to Acquire Saskatchewan Potash Mineral Rights


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

Otish, Pacific Bay close JV deal for Otish S property


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.

Otish Energy, Stellar complete property agreement


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.

Otish Energy adds to Otish Mountains property holdings


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.

Otish Energy Inc. Signs JV Agreement with Pacific Bay Minerals Ltd.


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