Arrowhead Gold Corp fka AWH

[Pro-Life]

Otish Energy Options Kaburi Gold Project in Guyana, SA

http://finance.yahoo.com/news/Otish-Energy-Options-Kaburi-ccn-199169011.html?x=0&.v=1

Press Release Source: Otish Energy Inc. On Friday December 17, 2010, 10:41 am EST

VANCOUVER, BRITISH COLUMBIA--(Dec. 17, 2010) - Otish Energy Inc. (the "Company") (TSX VENTURE:OEI) pleased to announce it has signed a letter of intent with Misters Clinton and Henry Alphonso, of Georgetown Guyana, SA, whereby the Company will acquire all of the hardrock mining rights (the "Rights") in the Guyana Geology and Mines Commission Large Scale Prospecting Licence No. 01/2009 in the Kaburi Area, Mazaruni, Guyana SA.

The consideration payable by the Company for the purchase of the Rights will be one hundred and fifty thousand US dollars (US$150,000) and 900,000 common shares in the capital of the Company which shares will subject to the usual 4 month restricted period required by the TSX Venture Exchange and applicable securities legislation.

The purchase of the Rights is subject to due diligence by the Company and the completion of formal documentation.

The first step in evaluating this Property the Company intends to undertake an independent NI 43-101 Report which will recommend an initial exploration program.