EPM Mining Ventures Inc. Closes C$10,354,839 Private Placement With EMR Capital Resources Fund 1, LP - Seite 2

Pursuant to the terms of the Subscription Agreement, EMR and EPM have entered into a relationship agreement (the "Relationship Agreement"), which provides for certain rights, obligations and responsibilities of the parties over the term of the Relationship Agreement, as further detailed in EPM's May 12, 2015 press release.

In accordance with the terms of the Relationship Agreement, Donald Carroll and Robert Curtis have been appointed to EPM's board of directors and, in connection with these appointments, Ronald Bryan and Jeff Gentry have resigned from the board of directors.

"I want to thank Ronald Bryan and Jeff Gentry for their service to the board and for their extraordinary contributions to the Sevier Playa project," said Lance D'Ambrosio. "We would not be where we are today without their help. While they will be missed, we wish them the very best in their future endeavors."

EPM was advised on the transaction by Ricardo Campoy and Joel Schneyer, Managing Directors in the Minerals Capital & Advisory practice of Headwaters MB ("Headwaters"). Headwaters is an independent, middle-market investment banking firm providing strategic merger and acquisitions, corporate finance services, and merchant banking through proprietary sources of capital. Headwaters is headquartered in Denver, Colorado, with 6 regional offices across the United States and partnerships with 18 firms covering 30 countries. For more information, visit www.headwatersmb.com. Pursuant to an agreement with Headwaters, EPM paid Headwaters C$414,194 plus reasonable expenses in connection with the Offering.

The securities issued in the Offering are subject to a hold period expiring September 30, 2015 in accordance with the rules and policies of the TSXV and applicable Canadian securities laws and such further restrictions as may apply under foreign securities laws. The Offering remains subject to the final approval of the TSXV.

About EPM Mining Ventures

EPM is an exploration-stage company focused on specialty fertilizers. Through Peak Minerals Inc., its indirect wholly-owned subsidiary, EPM controls directly or through agreement mineral leases on more than 124,000 acres on its Sevier Lake Playa property in Millard County, Utah. With a brine resource known to contain potassium, magnesium, sulphate, lithium, and a suite of other beneficial minerals, EPM is targeting the development and production of specialty fertilizers, including SOP, through the use of a cost-effective solar evaporation process. SOP and other specialty fertilizers are used in the production of high value, chloride-sensitive crops such as fruits, vegetables, and tree nuts. With the recent completion of a Preliminary Feasibility Study, the Company is currently engaged in engineering and analysis designed to support a feasibility study, environmental permitting, and ultimately mineral production.