Scorpio Mining Corp. announced that its board of directors has determined that it is not in the best interests of the Company to accept the offers of resignation submitted by three directors, Ewan Mason, Jonathan A. Berg and Bradley R. Kipp, who were elected at the Company's Annual and Special Meeting of Shareholders held on June 12, 2014. Each of the three directors had offered to resign as directors after the number of votes withheld for their re-election or election was greater than the votes in favour of such director.

Because the directors offered their resignations, the Board was not required to make a determination as to whether the Company's majority voting policy applied in the circumstances and considered the offers of resignation as if the policy so applied. The company stated that the Board considered each of the offered resignations and determined not to accept them. Messrs.

Mason, Berg and Kipp did not participate in the consideration of their respective offers of resignation.