Crosshair Appoints New Director

VANCOUVER, BRITISH COLUMBIA, Jun 26 (MARKET WIRE) --
Crosshair Exploration & Mining Corp. ("Crosshair") (TSX: CXX)(NYSE Amex:
CXZ) is pleased to announce the appointment of Mr. Joseph Miller, CMA, to
the Board of Directors of Crosshair, effective immediately. Mr. Miller
received his CMA designation in 1992 and is a member of the Certified
Management Accountants of British Columbia. He received his diploma in
Business Administration from Mount Royal College in 1989.

Mr. Miller has over 20 years experience in financial management of public
companies, including numerous energy and resource companies based in
Alberta. Mr. Miller acted as the Chief Financial Officer of GPS
Industries Inc. from 2007 to 2008 and was responsible for the overall
financial management of the company, including internal and external
public reporting and SEC reporting and filings, and initiating the
Sarbanes Oxley compliance program identifying and focusing on the high
risk processes and controls. From 1999 to 2007, Mr. Miller was employed
by Transalta Corporation in Calgary, Alberta, first as the Manager of
Financial Planning and Analysis and then as the Director of Financial
Operations. Mr Miller has been the CFO of Crosshair since September, 2008.

Due to a significant reduction of exploration activity and associated
staff levels by Crosshair, as part of a comprehensive cash conservation
program, there is currently not sufficient business activity to justify
the need for a full time CFO. Accordingly, Mr. Miller will be resigning
as CFO of Crosshair effective June 30, 2009. Details regarding a
part-time successor will be forthcoming in the near future.

"I have confidence that the measures Crosshair has taken during my term
as CFO will see it emerge from this difficult period with a strong asset
base and in a position to capitalize quickly on improved market
conditions," says Joseph Miller. "I am pleased to remain part of the
Company as a director and look forward to providing ongoing assistance
and advice to the Crosshair management team."

About Crosshair

Crosshair is a dominant player in the exploration and development of
uranium in the US and Canada. Its flagship Project, Bootheel, is located
in uranium mining friendly Wyoming and with its in-situ mining potential,
Bootheel is designed for near term production. The Project is ventured
with Ur-Energy, who bring with them additional management expertise to
put Bootheel into production. The CMB Uranium Project is located in
Labrador, Canada and has four currently defined resources - C Zone, Area
1, Armstrong and Two Time Zone. These assets fall outside of Labrador
Inuit Lands and are therefore not directly impacted by the Nunatsiavut
Government's decision in March 2008 to place a three year moratorium on
uranium mining within their self-governed Labrador Inuit Lands. The
Crosshair team is comprised of knowledgeable and experienced
professionals with both exploration and mining backgrounds.

For more information on Crosshair and its properties, please visit the
website at www.crosshairexploration.com.

ON BEHALF OF THE BOARD

Mark J. Morabito, Chief Executive Officer

Cautionary Note Regarding Forward-Looking Information

Information set forth in this news release may involve forward-looking
statements under applicable securities laws. Forward-looking statements
are statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and
financial performance, and often contain words such as "anticipate",
"believe", "plan", "estimate", "expect", and "intend", statements that an
action or event "may", "might", "could", "should", or "will" be taken or
occur, or other similar expressions. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause our actual results, performance or achievements,
or other future events, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include, among others, the
following risks: uncertainties relating to market price fluctuations,
economic and market conditions; the risks associated with outstanding
litigation, if any; risks associated with project development; the need
for additional financing; operational risks associated with mining and
mineral processing; fluctuations in uranium, gold and other commodity
prices; title matters; environmental liability claims and insurance;
reliance on key personnel; the potential for conflicts of interest among
certain officers, directors or promoters with certain other projects; the
absence of dividends; competition; dilution; the volatility of our common
share price and volume; and tax consequences to U.S. shareholders.
Forward-looking statements are made based on management's beliefs,
estimates and opinions on the date that statements are made and the
Company undertakes no obligation to update forward-looking statements if
these beliefs, estimates and opinions or other circumstances should
change. Investors are cautioned against attributing undue certainty to
forward-looking statements.

Contacts:
Crosshair Exploration & Mining Corp.
Nicole Velcic
604-681-8030
604-681-8039 (FAX)
investor@crosshairexploration.com
www.crosshairexploration.com

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