Three Valley Copper Suspends Mining Operations and Provides Strategic Review Update - Seite 3

At this time, the Company does not expect the Strategic Review Process to result in an imminent transaction that would provide meaningful value for holders of Three Valley Copper’s equity securities (including securities convertible into or exercisable for equity securities). As a result, holders of Three Valley Copper’s equity securities are cautioned that trading in such securities is highly speculative.

The Company will provide updates when further disclosure is required or otherwise appropriate.

About Three Valley Copper

Three Valley Copper, headquartered in Toronto, Ontario, Canada is focused on growing copper production from, and further exploration of, its primary asset, Minera Tres Valles. Located in Salamanca, Chile, MTV is 95.1% owned by the Company and MTV's main assets are the Minera Tres Valles mining complex and its 46,000 hectares of exploratory lands. For more information about the Company, please visit www.threevalleycopper.com.

Cautionary Statement Regarding Forward-Looking Information

Certain statements in this news release, contain forward-looking information (collectively referred to herein as the "Forward-Looking Statements") within the meaning of applicable Canadian securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify Forward-Looking Statements. In particular, but without limiting the foregoing, this news release contains Forward-Looking Statements pertaining to: expected cash flow and capital resources; ability of the Company to continue as a going concern; ability of MTV to comply with the terms of its existing debt facility and other material agreements; the potential outcome of the Strategic Review Process; Company’s expectations for current and future exploration activities; operating guidance; development progress of the Company’s mineral projects; statements with respect to the timing and production of copper at the Don Gabriel and Papomono sites; advancement of ongoing projects, including the progress and timing of completion of the inclined block-caving mining project, and the estimated capital costs required for completion.