Day: January 20, 2015

Primero Mining Corp. today announced that it has entered into an agreement with a syndicate of underwriters led by RBC Capital Markets pursuant to which the underwriters have agreed to purchase US$75 million aggregate principal amount of 5.75% convertible unsecured subordinated debentures (the “Debentures”) on a bought-deal basis. Primero has also granted the underwriters an option to purchase up to an additional 15% of the Offering, on the same terms and conditions, exercisable in whole or in part at any time up to 30 days following the closing of the Offering. The Offering is expected to close on or about February 9, 2015.

Morro Bay Resources Ltd. announces that the terms for the option on the Peñoles Project between Morr?o Bay and Riverside Resources Ltd. have been amended and the option exercise date extended to March 31, 2015.

Primero Mining Corp. today announces its preliminary fourth quarter and full-year 2014 operating results and provides its 2015 guidance. The Company’s fourth quarter and full-year 2014 financial results will be released on February 12, 2015.

Capstone Mining Corp. today provided its production and capital expenditure guidance for 2015. Capstone expects to produce 90,000 tonnes (±5%) of copper in concentrates and cathode from its Pinto Valley, Cozamin and Minto mines at a C1 cash cost of $2.00 to $2.10 per pound of payable copper produced.

At the request of IIROC, Sutter Gold Mining Inc. wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.