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

Calypso Uranium Corp. (TSX VENTURE:CLP) announces that it has granted 150,000
stock options pursuant to its previously approved stock option plan to a
director of the Company. The options were granted at an exercise price of $0.16
per share for a period of five years.


CALYPSO URANIUM CORP.

Stephen Barley, President & CEO

Shares Outstanding: 50,630,819
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