Anthem United Inc. (Formerly Turnberry Resources Ltd.) Completes Reverse Take-Over and $5 Million Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) -

NOT FOR DISTRIBUTION TO THE UNITED STATES WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Anthem United Inc. (formerly Turnberry Resources Ltd.) (TSX VENTURE:TUR) ("Turnberry" or, the "Company"), is pleased to announce the closing of its previously announced reverse take-over transaction ("RTO") with a private company that was previously called Anthem United Inc. Pursuant to the RTO, the Company acquired all of the issued and outstanding securities of Anthem United Inc. ("Anthem United") in exchange for the issuance of 25,000,002 common shares of the Company (the "Shares") and the issuance to certain of the shareholders of Anthem United Inc. of 5,250,000 common share purchase warrants (the "Consideration Warrants"). In addition, the Company also completed a concurrent private placement financing raising aggregate gross proceeds of approximately $5 million (the "Private Placement").

As part of the RTO, the Company changed its name to "Anthem United Inc.". The Company anticipates that its common shares will commence trading on the TSX Venture Exchange ("TSXV") on or about Tuesday, April 22, 2014 under the stock symbol "AFY".

The principal asset of Anthem United is a 75% interest in a joint venture currently developing a 350 tonne per day custom gold milling operation in Peru (the "Joint Venture"). In addition to cash on hand and the proceeds of the Private Placement, Anthem United has received US$5.0 million in committed financing to be provided to Anthem United pursuant to a gold sales agreement and subject to certain conditions including permitting and construction milestones. Anthem United's partner in the Joint Venture is EMC Green Group S.A., a private Peruvian company focused on the construction and operation of gold processing plants in Peru.

All of the Shares and the Consideration Warrants issued as part of the RTO are subject to an escrow agreement among the Company, Computershare Investor Services Inc. and certain securityholders of the Company (the "Escrow Agreement"). In addition, convertible securities held by such securityholders are also subject to the Escrow Agreement. Such escrow securities shall be released from escrow on a retroactive basis on the Company either (i) obtaining the operating permit for the Joint Venture, or (ii) graduating to the Toronto Stock Exchange. Once either of the conditions is achieved a retroactive release of securities subject to escrow will occur and the remaining securities subject to escrow will be released in accordance with a standard Tier 2 value security release schedule.