Aureus Mining Completes Prospectus Offering and Concurrent Private Placement

Aureus Mining Inc. (TSX:AUE / AIM:AUE) (“Aureus”) completed a short form prospectus offering of units of securities (each, a “Unit”) in Canada (the “Prospectus Offering”) and a concurrent private placement of Units in jurisdictions outside of Canada (the “Private Placement”, and together with the Prospectus Offering, the “Offering”), pursuant to which it raised aggregate gross proceeds of US$80 million. Each Unit comprised one common share of Aureus (each, a “Common Share”) and one-quarter of one common share purchase warrant of Aureus (each whole common share purchase warrant, a “Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share at a price of £0.625 (or the prevailing Canadian dollar equivalent thereof) up to and including May 16, 2014. The Offering was completed by a syndicate of underwriters led by GMP Securities L.P., RBC Capital Markets and Clarus Securities Inc.

The net proceeds of the Offering will be used by Aureus to proceed with its proposed development and construction activities at the New Liberty Gold Project and for general corporate purposes.

Aureus was represented by Norton Rose Canada LLP with a team that included Marvin Singer, Heidi Reinhart and Tanner Helwig (corporate finance / securities) and by Norton Rose LLP with a team that included Raj Karia and Christopher McCarthy (corporate finance) and Thomas Vita and Alexander Hirshfeld (US corporate finance).

The underwriters were represented by Stikeman Elliott LLP with a team that included Derek Linfield, Greg Herget, Kate DaSilva and Daniel Howard (corporate finance / securities).