Americas Bullion announces 12 % ownership of Wolfpack Gold Corp.

Americas Bullion announces 12 % ownership of Wolfpack Gold Corp.

PR Newswire

TSX: AMB
www.aubullion.com

HAYDEN, ID, May 22, 2013 /PRNewswire/ – Americas Bullion Royalty Corp. (TSX: AMB) (the “Company”) is pleased to announce that effective May 21st, 2013, Wolfpack Gold Corp. commenced trading as TSX.V:WFP following
the completion of the reverse takeover transaction with Tigris Uranium
Corp. Americas Bullion vended 17 properties into Wolfpack Gold creating
and retaining a royalty interest on each project. Americas Bullion also
received 6,000,000 shares, representing approximately 12% of the common
stock.

Wolfpack Gold Corp. (TSX.V:WFP)
Wolfpack is committed to maximizing shareholder value, and is well
positioned with cash and marketable securities of approximately
$8.2-million, and a low annual expenditure rate. Wolfpack’s mandate is
to advance low-cost heap-leach and high-grade underground gold projects
toward production in the Western United States while maintaining an
important asset base in uranium. Wolfpack owns a significant portfolio
of gold properties located in Nevada and surrounding states, and has
options to acquire certain properties, including the Castle Black Rock
and Adelaide properties located in Nevada. The company’s portfolio has
seen little to no activity since gold prices were below $400
(U.S.)/ounce. Both Adelaide and Castle Black Rock have previous
operating histories as open-pit heap-leach operations during the late
1980s, when they were closed due to low gold prices.

In addition, the company owns plus-115,000 acres (46,400 hectares) of
private mineral rights, with an indicated resource of 26.6 million
pounds triuranium octoxide at an average grade of 0.105 per cent
equivalent U3O8 and an inferred resource of 6.1 million pounds U3O8 at
an average grade of 0.110 eU3O8 (Beahm, 2012). The mining properties
are located in New Mexico’s Crownpoint uranium district, a portion of
which are under NRC licence, and benefit from an increasingly
progressive New Mexico regulatory and political environment.

“With Wolfpack Gold now trading we have completed an important step in
realizing value from our property assets in Nevada. We look forward to
the long term benefit from the royalty interests and our significant
equity position in Wolfpack,” said William M. Sheriff, Chairman. “The
Nevada team, led by Nate Tewalt, has a number of gold discoveries to
their credit in Nevada and we look forward to enjoying the benefits
from their future success in what we view as one of the world’s best
mining jurisdictions with proven mineral endowment.”

Americas Bullion Royalty Corp.
Americas Bullion Royalty Corp. focuses on acquiring precious metal
royalties and streaming assets which provide revenue as well as lower
risk exposure to shareholders through project diversity in stable,
mining-friendly jurisdictions. The Company’s existing portfolio is
highlighted by Gross in-kind Royalties on Midway Gold’s Pan and Gold
Rock deposits, as well as 2 separate royalties encompassing more than
34 square miles at Barrick Gold’s Bald Mountain project in Nevada.

The Company holds additional royalties including Net Smelter Return
Royalties on the Taylor Silver project and a portion of the Tonkin
Springs project also in Nevada. The Company’s royalty holdings comprise
more than 100,000 acres located primarily in Nevada, with 7 of the
projects located in Wyoming, Oregon, California and Mexico. Current
royalty revenue is expected to accelerate as early as 2014 as several
of these projects commence production. Americas Bullion Royalty Corp.’s
prime royalty portfolio is unique in the mineral development industry
due to its ability to receive the majority of projected revenues in-kind (gold bullion as opposed to cash), its possession of gross royalties
with no exposure to operator cost, as well as its security of title
with no buyback or buyout provisions. The Company continues to advance
or monetize other assets including its significant Yukon property
holdings, security holdings and the Taylor Mill in Nevada.

No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. This
press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements
based on current expectations involving a number of risks and
uncertainties and are not guarantees of future performance. There are
numerous risks and uncertainties that could cause actual results and
Americas Bullion’s plans and objectives to differ materially from those
expressed in the forward-looking information. Actual results and future
events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the
dates they are made and are expressly qualified in their entirety by
this notice. Except as required by law, Americas Bullion assumes no
obligation to update forward-looking information should circumstances
or management’s estimates or opinions change.

SOURCE Americas Bullion Royalty Corp.

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