TriMetals Mining Inc.'s Subsidiary, South American Silver, Announces Conclusion of Oral Hearing in Its Arbitration Against Bolivia - Seite 2

Pursuant to the procedural orders in place, both parties will submit post-hearing memorials due on a date yet to be determined. The post-hearing memorials will be filed simultaneously and will allow both sides to address any outstanding issues, including the evidence presented at the hearing and legal issues after which the Tribunal will deliberate and issue a final award.

It is typical for tribunals in this type of arbitration to require six to twelve months to finalize and issue a final award.

A large majority of the costs, fees and other expenses incurred in connection with the arbitration, including financing costs and other commitments, are payable only if there is an award or settlement in favour of South American Silver Limited and will be paid out of the proceeds of any award rendered by the Tribunal's decision on this arbitration, thus potentially reducing funds received by South American Silver by as much as one-third of the amount of any award in its favor.

The Permanent Court of Arbitration at The Hague in the Netherlands is the administrating authority in this arbitration under the Rules of the United Nations Commission on International Trade Law (UNCITRAL). The arbitration is brought under the UK-Bolivia Bilateral Investment Treaty as South American Silver owns, indirectly, 100% of the shares Compania Minera Malku Khota, which held the mining concessions that were expropriated by the Bolivian Government in 2012.

Information regarding the progress of the arbitration, and relevant documentation, can be viewed on the Company's website at www.trimetalsmining.com or on the Permanent Court of Arbitration's website at www.pca-cpa.org.

About TriMetals Mining Inc.

TriMetals Mining Inc. is a growth focused mineral exploration company creating value through the exploration and development of the near surface, Gold Springs gold-silver project in mining friendly Nevada and Utah in the U.S.A.

South American Silver Limited is a company incorporated in the Bermuda Islands, an overseas territory of the United Kingdom, and a wholly owned subsidiary of TriMetals Mining Inc. Through its wholly owned Bahaman subsidiaries: Malku Khota Ltd, G.M. Campana Ltd. and Productora Limited., South American Silver Limited owns 100% of the outstanding shares of Compañía Minera Malku Khota S.A., a Bolivian company, holder of the Malku-Khota mining concessions until their expropriation by the Bolivian Government.