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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2010) - ESO Uranium Corp. (TSX VENTURE:ESO) ("the Company") announced that it has completed the sale of: (i) 6,666,666 flow-through units at a price of $0.06 per flow-through unit, each flow-through unit (a "Flow-Through Unit") consisting of one "flow-through" common share and one transferable common share purchase warrant (a "Warrant"); and (ii) 32,000,000 units at a price of C$0.05 per unit, each unit (a "Unit") consisting of one common share and one Warrant. Each Warrant is exercisable at C$0.10 per share for 60 months, subject to an exercise acceleration provision triggered (after 12 months from closing) by the closing price of the shares at $0.20 or higher for 30 consecutive trading days (the "Acceleration Trigger").

MGI Securities Inc. ("MGI") of Toronto, ON, acted as agent for the majority of the offering. The Company paid cash commissions equal to 10% of the sale price of the Flow-Through Units and the Units and issued 3,691,666 Agent's Compensation Options. Each Agent's Compensation Option entitles the holder to purchase one Unit at a price of $0.05 per Unit for a period of 60 months, subject to the Acceleration Trigger.

The proceeds of the financing will be used to conduct further exploration of the Company's mineral properties in and for general working capital. All securities are subject to a four month hold period.

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

Anthony Harvey, Chairman & Director

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

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.