Mr. Craig Nelsen reports

AVANTI APPOINTS MARK G. PREMO AS CHIEF OPERATING OFFICER

Avanti Mining Inc. has hired Mark G. Premo as chief operating officer of the company and chief executive officer of its wholly owned subsidiary, Avanti Kitsault Mine Ltd. The expected start date is June 4, 2012. Mr. Premo will be responsible for assembling the operating team to develop and operate the Kitsault molybdenum mine. Mr. Premo will relocate to Vancouver, B.C., where he will manage the corporate offices of the company as it embarks on the development of this world-class asset.

Mr. Premo is a registered professional engineer with a bachelor's degree in civil engineering from Michigan Technological University. He was most recently president and CEO of Chevron Mining in Englewood, Colo., the company he began his mining career at in 1977. He has over 34 years of surface and underground mining experience in the industry. He has held a number of mine site positions as well as executive leadership roles in Chevron Mining, responsible for all phases of mining operations and overall company management. Mr. Premo has served as chairman of the Alabama Coal Association, and currently serves on the board of visitors for the College of Continuing Studies at the University of Alabama, and is on the board of directors of the National Mining Association. Mr. Premo and his wife Lisa are the parents of four children and have three grandchildren.

"I am delighted to welcome Mark to Avanti, and feel very fortunate to have attracted a person with the mine operating and management skills that he possesses," said Craig J. Nelsen, president and CEO. "He is the perfect individual to guide the company through its transition into an operating entity and in other future growth opportunities."

Commenting on this position, Mr. Premo stated: "In my previous role overseeing the Questa molybdenum mine in northern New Mexico, I became very much aware of the cost structure in the markets for this metal. I am very pleased to be joining the Avanti team, and am excited to be a part of developing this world-class molybdenum asset at Kitsault. It's a rare opportunity to bring a career's worth of experience to the start of an operation."

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