YEL

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Macusani Yellowcake Inc. (TSX VENTURE:YEL)(FRANKFURT:QG1) ("Macusani" or the
"Company") announced that it intends to proceed with a non-brokered private
placement of equity units ("Units") to raise gross proceeds of up to C$1,000,000
(the "Financing"). The Units will be offered at a price of C$0.07 per Unit and
each Unit will consist of one common share of the Company and one common share
purchase warrant (a "Warrant"). Each Warrant will entitle the holder to acquire
one additional common share of the Company at a price of C$0.10 for a period of
24 months following the closing of the Financing. Although the extent of any
insider participation has not yet been determined, insiders of Macusani may
subscribe for up to 100% of the Financing. Net proceeds from the Financing are
anticipated to be used for property payments and for working capital and general
corporate purposes. 


The Financing is expected to be completed on or about June 27, 2014 and is
subject to certain conditions including, but not limited to, the receipt of all
necessary approvals, including the approval of the TSX Venture Exchange.
Completion of the Financing will not be conditional upon the completion of the
previously announced proposed acquisition of all of Azincourt Uranium Inc.'s
adjacent uranium properties located in Peru. The parties continue to work
towards finalizing a definitive agreement for the acquisition transaction
however, there can be no assurance that a definitive agreement will be entered
into or the transaction completed.


The securities referred to in this press release have not been and will not be
registered under the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws, and may not be offered or sold in
the United States absent registration or an applicable exemption from such
registration requirements. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy the securities in the United States
or in any jurisdiction in which such offer, sale or solicitation would be
unlawful.


About Macusani Yellowcake Inc.

Macusani Yellowcake Inc. is a Canadian uranium exploration and development
company focused on the exploration of its properties on the Macusani Plateau in
southeastern Peru. The company owns a 99.5% interest in concessions that cover
over 90,000 hectares (900 km2) and are situated near significant infrastructure.
Macusani is listed on the TSX Venture Exchange under the symbol 'YEL' and the
Frankfurt Exchange under the symbol 'QG1'. The company has 159,473,613 shares
outstanding. For more information please visit www.macyel.com.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macusani Yellowcake Inc.
Laurence Stefan
President & CEO
416-628-9600
laurence@macyel.com


Website: www.macyel.com
Facebook: www.macyel.com/facebook/
Twitter: www.twitter.com/macusani/

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