Waseco Resources Inc.

TORONTO, ONTARIO -- (Marketwire) -- 07/12/10 -- WASECO RESOURCES INC. (TSX VENTURE: WRI)(FRANKFURT: WSE) is pleased to report that it has received written confirmation that AREVA Quebec has completed the $2 Million earn-in expenditures and intends to proceed to form a joint-venture with Waseco relating to the further exploration and development of uranium and related minerals on Waseco's properties in the Quebec