Blue Note Mining Inc. (TSXV:BNT) has launched a review to explore its strategic alternatives. Due to the difficult market conditions, Blue Note Mining has been unsuccessful in raising sufficient capital to advance its projects and might be unable to continue its operations as a going concern. Therefore, it is pursuing discussions to preserve value through a strategic partnership, joint venture agreements or a sale of assets in the hope of restoring normal operations.

There are no assurances that the process will result in a transaction, or, if a transaction is undertaken, as to the terms or timing of such a transaction.