Mr. Murray Oliver reports

DYNASTY RESPONDS TO COEUR MINING NEWS RELEASE

Dynasty Metals & Mining Inc. has been made aware of a news release issued by Coeur Mining Inc. on Nov. 24, 2013, announcing a definitive agreement to acquire Global Royalty Corp., which included details relating to an option purportedly held by Global Royalty to acquire an additional net smelter returns royalty on Dynasty's Ecuador mining projects.

The company is continually considering potential opportunities with respect to its operations, however, no decisions have been made by the company to grant to Global Royalty or any other party an option to acquire an additional NSR royalty on any of its properties beyond those outstanding royalties described in the company's public filings.