Upon completion of the Second Tranche, Peter Bradford resigned as a director of the Company. Pursuant to the Ancillary Rights Agreement, Jesus Fernandez, CFO of Trafigura's mining division, has been appointed by Anvil's Board of Directors to fill the vacancy so created. Anvil Mining Limited is a copper producer whose shares are listed for trading on the Toronto Stock Exchange (as Common Shares) and the Australian Securities Exchange (as CDIs) under the symbol AVM. Caution Concerning Forward-Looking Information: This news release contains "forward-looking information" regarding the intended use of proceeds from the private placement described above, and the availability of funds under the loan facility described above. The purpose of forward-looking information is to provide the reader with information about management's expectations and plans.