News Releases

Minaurum Arranges Estimated $1 Million Financing with Global Resources Investment Ltd.

October 3, 2013

Minaurum Gold Inc. ("Minaurum") is pleased to announce that it has entered into a share exchange agreement with Global Resources Investment Ltd. ("GRIL"), an arm's length party to Minaurum. Minaurum will sell shares it receives to realize the private placement proceeds.

This agreement significantly strengthens the financial position of Minaurum as it drill permits its Santa Marta VMS project and the Vuelcos Del Destino project located in the Guerrero Gold Belt. 

GRIL is a United Kingdom-based investment trust established to locate and exploit investment opportunities in the natural resources sector worldwide. GRIL's investment objective is to generate medium- and long-term capital growth through investment in diverse portfolios of small- and mid-capitalized natural resources and mining companies listed on various global stock exchanges. 

GRIL is seeking admission of its ordinary shares on the main market for listed securities on the London Stock Exchange (LSE), where it proposes to re-register as a public company and constitute as a United Kingdom investment trust with the name Global Resources Investment Trust PLC. ("GRIT"). Minaurum and GRIL have entered into a share exchange agreement, whereby upon the successful listing GRIT on the LSE, Minaurum will subscribe for 636,780 GRIT shares at a deemed value of one British pound per GRIT share in exchange for the issuance of 10 million shares of Minaurum at deemed price of 0.0637 British pound per unit (approximately CDN$0.10). There are no warrants issued in connection with this financing. 

Mr. Darrell Rader, Minaurum's President stated, "This financing both strengthens our balance sheet as it allows us to access funds over time through share sales as well as enable us to participate in what we believe are improving general market conditions in the mining sector." 

Closing of the transaction is subject to a number of conditions including approval of the TSX Venture Exchange, and GRIT successfully listing on the London Stock Exchange. Finder's fees may be payable with respect to the share exchange agreement, in accordance with Exchange policies.

Minaurum Gold is focused on its projects in the Guerrero Gold Belt, Mexico. Surface work continues at the Vuelcos del Destino, El PĆ³rfido, and Jackie projects. For more information, please visit our website at and our YouTube Minaurum Video Channel (


"Darrell A. Rader"

Darrell A. Rader
President and CEO

For more information, please contact:
Sunny Pannu - Investor Relations Manager
(778) 330 0994 or via email at  

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

1500 - 409 Granville St.
Vancouver, BC V6C 1T2
Telephone 778 330-0994

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release constitute forward-looking information. In making the forward-looking statements in this release, Minaurum has applied certain factors and assumptions that are based on Minaurum' s current beliefs as well as assumptions made by and information currently available to Minaurum. Although Minaurum considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Minaurum does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

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