Mr. Foster Wilson reports

MESA URANIUM ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Mesa Uranium Corp. has arranged a non-brokered private placement of up to 500,000 units at a price of $1.10 per unit for gross proceeds of up to $550,000. Each unit will consist of one common share in the capital of Mesa and one non-transferable common share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share in the capital of Mesa at a price of $1.60 per warrant share. The warrants will expire 24 months from the date of issue unless the closing price of the common shares has been $2.20 or higher for 20 consecutive trading days, in which case the warrants will expire if not exercised within 30 days. The securities issued under the offering will be subject to a four-month hold period under applicable Canadian securities laws. The offering is subject to TSX Venture Exchange approval.

Proceeds from the offering will be used to advance Mesa's exploration projects and for general working capital. Certain insiders of the company will participate in the offering.

We seek Safe Harbor.