ESO Uranium Corp. - ESO Uranium completes $6.9 M brokered financing

ESO Uranium Corp. LogoStore this angel in big size(EMAILWIRE.COM, December 12, 2006) Vancouver, Canada -- ESO Uranium Corp. (ESO:TSX-V) (“the Company”) appear that it has completed the auction of 11,500,000 units at a amount of C$0.60 per unit, anniversary assemblage (a ”Unit”) consisting of one accepted allotment and one communicable allotment acquirement accreditation (a “Warrant”). Each Warrant is exercisable at C$0.75 per allotment for 24 months, accountable to an exercise celerity accouterment triggered by the closing amount of the shares at $1.15 or college for 30 after trading days.

Union Securities Ltd. (“Union”) of Toronto, Ontario, acted as advance abettor for the offering. The Company paid banknote commissions according to 7% of the auction amount of the Units and issued 1,150,000 Agent’s Compensation Options. Each Agent’s Compensation Option entitles the holder to acquirement one Unit at a amount of $0.60 per Unit for a aeon of 24 months. The Company has aswell agreed to pay banknote commissions according to 3% of the gain accustomed aloft exercise of the Warrants.

The gain of the costs will be acclimated to conduct added analysis of the Company’s mineral backdrop in arctic Saskatchewan and for accepted alive capital. All balance are accountable to a four ages authority period.

The Company aswell appear the admission of 860,000 options beneath the allurement banal advantage plan to assertive directors, officers, advisers and consultants. The options are exercisable at amount of $0.60 per allotment for a aeon of 5 years.

On account of the Board of Directors of ESO Uranium Corp.

“Jonathan George”
Jonathan George, President & CEO

Please bookmark the ESO (www.esouranium.com) website and cross to Projects, sub-scroll, Uranium Projects, left-scroll Athabasca Project for advancing aggregation geo-technical developments, adapted on an advancing basis. For data amuse contact:

Tom Corcoran &/or Robert Meister
Corporate Communications –
ESO Uranium Corp.
Vancouver, B.C.


Local Calls: (604) 629-0293
North America Toll Free: 1-866-629-8368
Email us at: info@esouranium.com


The TSX Venture Exchange has not advised and does not access albatross for the adequacy and accurateness of this release.

Forward Looking Statements: The aloft contains advanced analytic statements that are accountable to a amount of accepted and alien risks, uncertainties and added factors that may could cause absolute after-effects to alter materially from those advancing in our advanced analytic statements. Factors that could could cause such differences include: changes in apple article markets, disinterestedness markets, costs and accumulation of abstracts accordant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this absolution cover statements apropos approaching analysis programs and operation plans. Although we accept the expectations reflected in our advanced analytic statements are reasonable, after-effects may vary, and we cannot agreement approaching results, levels of activity, achievement or achievements.

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