Bancroft Reviews Potential Uranium Acquisitions in Southern Africa Monday June 9, 4:00 am ET

SCOTTSDALE AZ--(MARKET WIRE)--Jun 9, 2008 -- Bancroft Uranium Inc. (OTC BB:BCFT.OB - News) ("Bancroft" or the "Company") today announces that the Company is in the process of reviewing potential acquisition opportunities in Southern Africa.

Bancroft President Paul Leslie Hammond and the Company engineering team have just returned from a three week property evaluation trip to Africa, during which, Bancroft representatives were reviewing the potential for participation in a uranium development project in Namibia. In addition, the Company also reviewed the possibility of entering into other commodity projects in South Africa and Zimbabwe. These commodity projects are related to gold, platinum, manganese and coal.

Mr. Hammond stated that he was "extremely pleased with the quality and quantity of the opportunities presented to the Company in Southern Africa. The overall potential to acquire a large project at a reasonable cost is excellent. The uranium prospects in Namibia are exceptional and Namibia is forecast to be the world's leading exporter of uranium by 2015."

Bancroft will continue to update the public on these recent developments following the culmination of the current, ongoing negotiations with other parties.

For inquiries from the public and media concerning the Monmouth Uranium Project please contact Greenspirit Strategies at 1-877-54 GREEN or 1-877-544-7336. For shareholder and investor information please contact investor relations at 1-866-860-2995

ABOUT BANCROFT URANIUM INC. (OTC BB:BCFT.OB - News)

Bancroft Uranium Inc. is an exploration Company which intends to develop Uranium assets in North America. Bancroft's initial asset, the Monmouth Uranium Project is envisioned to have the potential of a low cost, open pit uranium producer located close to infrastructure and end product buyers.