An anonymous director reports

PLANTRO VENTURE GROUP LTD. INTENDS TO MAKE AN OFFER FOR ANACONDA MINING INC.

Plantro Venture Group Ltd. has informed Anaconda Mining Inc. that it intends to make a formal offer to Anaconda shareholders for all of the outstanding common shares of Anaconda for 3.5 cents per share in cash. The offer will provide Anaconda shareholders with a liquidity option at a price consistent with current market levels. Plantro is controlled by Tyler Proud and Matthew Proud.

Plantro has requested an opportunity to perform detailed due diligence with respect to Anaconda. Plantro anticipates being in a position to significantly enhance its offer subject to such due diligence.

The offer will be made in accordance with applicable laws. The offer will be subject to customary conditions, such as a minimum tender condition. Plantro will have sufficient funds available and the closing of the offer will not be conditioned on obtaining financing. If the offer is completed, Plantro intends to acquire any remaining common shares not owned by it or its affiliates at the price per common share paid in the offer by means of the applicable statutory second-step transaction. Details of the terms and conditions of the offer will be provided in Plantro's takeover bid circular when the offer is made and filed.

This news release is for informational purposes only, and is not an offer to buy or the solicitation of an offer to sell any securities. Anaconda shareholders and other interested parties are urged to read the applicable takeover bid circular, and other relevant documents filed with the applicable Canadian securities authorities, when they become available.

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