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Thursday's StockWatch: (OTC BB: BCFT), (OTC BB:NFSE) , (AMEX: FRG), (OTC BB: XDRC), (NYSE: USU)

(EMAILWIRE.COM, May 29, 2008 ) Bancroft Uranium Initial Drilling Results, Monmouth Uranium Project

Scottsdale AZ, May 29, 2008 ---- Bancroft Uranium Inc. (OTCBB: BCFT) (“Bancroft” or the “Company”) today is pleased to announce the first drilling results from the Spring 2008 surface drill program being conducted at the Monmouth Uranium Project, near Bancroft Ontario. Noteworthy assay results from the first 13 holes are outlined below.

The 2008 Exploration Phase 1 drill program commenced on February 25th and was designed to focus on areas in and around the historical drill results from the 1969 program bringing it into modern N.I. Policy 43-101 compliance, a recognized world mining standard. The drilling is also designed to extend the known strike length of the skarn which hosts the uranium mineralization with the aim of expanding the current estimated 1,800,000 lbs U3O8 potential at Monmouth.

Initial drill assays and intervals are from holes drilled from the most southwesterly exposure of the host rock skarn (altered limestone) and are spaced approximately 100 feet apart. Significant results are as follows. Assays are noted as lb representing lbs/ton U3O8 over feet:

08-1 0.803 lb/12.5’ from 55.3 to 67.8 feet in skarn, 0.344 lb/30.5’from 182.1 to 212.6 feet in pegmatite and 0.805 lb/13.8’ from 276.2 to 290.0 feet in skarn including 1.02 lb/9.3’ from 280.7-290.0 feet. Visible uraninite was noted
08-5 0.139 lb/34.8’ from 235.6 to 270.4 feet in pegmatite
08-6 0.466 lb/10.0’ from 16.0 to 26.0 feet in pegmatite
08-7 0.291 lb/7.9’ from 44.0 to 51.9 feet in skarn with visible uraninite
08-8 0.540 lb/60.6’ from 15.0 to 75.6 feet in skarn
08-9 0.596 lb/51.9’ from 31.0 to 82.9 feet including 0.315 lb/14.9’ from 31.0 to 45.9 feet and 0.923 lb/24.5’ from 51.0 to 82.9 feet with visible uraninite, molybdenum
08-10 0.740 lb/52.2’ from 12.8 to 65.0 feet including: 0.915 lb/32.0’ from 12.8 to 44.8 feet and 0.616 lb/15.0’ from 50.0 to 65.0 feet in skarn with visible uraninite
08-12 0.513 lb/49.9’ from 6.3 to 56.2 feet in skarn with visible uraninite noted
08-13A 0.332 lb/25.1’from 9.3 to 34.4 feet with visible uraninite noted

The above holes represent testing across the initial 300 feet of historical strike length which totals 1,500 feet. Early results have verified the location, thickness and flat lying geometry of the uranium bearing skarn system intersected in the historical drilling. U3O8 assays have been returned from both uraninite bearing bright orange-colored calcite alteration in the skarn and from several pegmatite bodies in and adjacent to the skarn package. Initial assay results from the skarn rocks appear to validate the historical data. As drill holes progress through the central portion of the deposit, the historical intersected thicknesses of the uranium bearing skarn appears to increase as do grades based on limited assay data. Initial assays returned from the pegmatitic rocks are better than expected based on the historical work.

The geological modeling of the deposit is now coming into focus with the alteration zone rock package dipping at a fairly consistent 25-30 degrees, amenable to a potential open pit scenario.

All of Bancroft Uranium’s exploration programs are designed and supervised by Qualified Persons (“QP”) under the N.I. Policy 43-101, who ensure that programs are carried out using current industry “Best Practices”. The spring 2008 drilling program was supervised by Murray McGill P.Geo (QP). The NQ size core was logged by Mr. McGill and split on-site. Half core samples were analyzed using standard Delayed Neutron Counting (DNC) methods by Activation Laboratories in Ancaster, Ontario. Activation Laboratories employs rigorous in-house QA/QC procedures in the DNC process.

Bancroft will release a second series of drill results shortly.

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

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.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our uranium properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Bancroft Uranium Inc.
- - - - - - - - - - - - - - - - - -
P. L. Hammond, C.A.
President and Chief Executive Officer

To find out more about Bancroft Uranium Inc. (OTCBB: BCFT), visit our website at

Public and Media Information: 1-877-544-7336
Shareholder and Investor Information: 1-866-860-2995

Source: Bancroft Uranium Inc.

For an in-depth analyst report, please visit:

nFinanSe Inc.
Current Price (2.20)
TAMPA, Fla.--May 28-nFinanSe Inc. (OTCBB:NFSE - News), today announced that it has executed a non-binding letter of intent providing the Company with a $15 million line of credit from certain institutional investors and shareholders of the Company, including Ballyshannon Partners, LP, an affiliate of one of its directors. This line of credit will support the Company’s objective of offering nFinanSe Reloadable Prepaid and Gift Cards in 30,000 retail locations by year end. Currently, the Company has commitments to offer its cards from retailers representing over 20,000 stores which are expected to commence selling cards this summer.. nFinanSe, Inc. provides stored value cards (SVC) and prepaid card solutions in the United States. It operates in two divisions, nFinanSe Card and nFinanSe Network. The nFinanSe Card division issues prepaid gift cards; reloadable general spend cards; payroll cards, a prepaid SVC for the loading of an employee's payroll; and promotional/incentive cards. The nFinanSe Network division connects with load locations and multiple SVC processors. As of September 30, 2006 the company had approximately 80,000 nFinanSe Network locations consisting primarily of Western Union and MoneyGram locations. It sells its products directly to consumers through a network of retail locations. The company was founded in 2000 and is based in Bradenton, Florida.

Fronteer Development Group, Inc.
Current Price (5.17)
FRANKFURT, Germany, May 28 -- Fraport AG's seventh regular Annual General Meeting (AGM) has concluded: Shareholders ratified the recommendations of the executive and supervisory boards, including a dividend payment of EUR1.15 per share for the last completed fiscal year. Fraport also paid out EUR1.15 per share for fiscal year 2006. A total of 1,446 shareholders and shareholder representatives attended the AGM 2007 at the Jahrhunderthalle in Frankfurt-Höchst. Fronteer Development Group, Inc. engages in the acquisition, exploration, and development of mineral properties primarily in the United States, Canada, and Turkey. It focuses on gold, copper, and uranium properties. The company owns interests in the Northumberland deposit is located in northern Nye County in central Nevada; the Eastern Great Basin properties, which are located in the northeastern Nevada and northwestern Utah; the Sandman project located to the west of the town of Winnemucca, Nevada; the Zaca project located in Alpine County, California; and the Carlin-Cortez Trends properties that encompass a land position located in the Humboldt, Eureka, Elko, and Lander Counties in north central Nevada, to the north of the towns of Carlin and Battle Mountain. Fronteer Development Group's property portfolio also includes the Agi Dagi, Kirazli, and Biga properties located in northwestern Turkey; the Wernecke Breccias property located in Yukon Territory, Canada; and the Carlin-style gold properties in Nevada. In addition, the company, through its interest in Aurora Energy Resources, Inc., owns interests in various properties in Newfoundland and Labrador, Canada. Fronteer Development Group was founded in 1999 and is headquartered in Vancouver, Canada.

Xedar Corporation
Current Price (1.05)
ENGLEWOOD, Colo.--May 28--XēDAR Corporation (OTCBB: XDRC - News), a provider of cyber and homeland security solutions, today announced that its subsidiary Pixxures, Inc. has been awarded a parcel rectification project by the County of Bruce in Ontario, Canada. The project area consists of approximately 1,544 square miles of Bruce County. Pixxures will rectify approximately 50,000 assessment parcel polygons, together with 3,000 road allowance and right-of-way polygons. Xedar Corporation provides consulting, oil and gas database, and geographical information systems production services. The company operates through two segments, Geographical Information Systems and Information Technology Consulting. The Geographical Information Systems segment offers land database products and production services for government, and oil and gas customers. Its database products provide database queries, reports, and digital maps in the Rocky Mountain area of the United States; and software allows users to access ownership information about specific parcels of land. This segment offers various production services, including data editing and enhancement, scanning, data conversion, data integration, and custom mapping. The Information Technology Consulting Segment provides information technology systems, enterprise assurance, security analysis, independent verification and validation, and information assurance services to federal government agencies. Xedar Corporation was founded in 1994 and is headquartered in Englewood, Colorado.

USEC, Inc.
Current Price (6.70)
BETHESDA, Md.--May 28--First graph, first sentence of release should read: USEC Inc. (NYSE:USU - News) awarded a $92 million contract to Teledyne Brown Engineering Inc. of Huntsville, Ala., to manufacture 540 gas centrifuge service modules for USEC’s American Centrifuge uranium enrichment program. USEC, Inc., together with its subsidiaries, supplies low enriched uranium (LEU) for commercial nuclear power plants worldwide. It sells separative work units (SWU) component of LEU, the SWU and uranium components of LEU, and uranium. SWU is a standard unit of measurement that represents the effort required to transform a given amount of natural uranium into two streams, including enriched uranium having a higher percentage of U235 and depleted uranium having a lower percentage of U235. The company also performs contract work for the U.S. Department of Energy (DOE) and DOE contractors at the Paducah and Portsmouth plants, which includes the maintenance of the Portsmouth gaseous diffusion plant in a state of readiness or cold standby, processing out-of-specification uranium, and provision of infrastructure support services. In addition, USEC provides nuclear energy solutions and services, including design, fabrication, and implementation of spent nuclear fuel technologies; nuclear materials transportation; and nuclear fuel cycle consulting services. The company was founded in 1993 and is headquartered in Bethesda, Maryland.

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