Mr. Peter Tagliamonte reports

SULLIDEN ANNOUNCES $40 MILLION BOUGHT DEAL FINANCING

Sulliden Gold Corp. Ltd. has entered into an agreement with National Bank Financial Inc. and Scotia Capital as co-lead underwriters, on behalf of a syndicate of underwriters, for the issuance of 39.3 million common shares of the company, on a bought deal basis, at a price of $1.02 per share for gross proceeds of $40,086,000.

The company will also grant to the underwriters an option, exercisable at any time until 5 p.m. on the 30th day following the closing, to purchase up to an additional 5,895,000 shares.

The net proceeds of the offering will be used to help finance the development of the Shahuindo project and for general corporate purposes.

The shares will be offered by way of a short-form prospectus to be filed in all of the provinces of Canada pursuant to National Instrument 44-101.

The offering is scheduled to close on or about Oct. 11, 2013, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the securities regulatory authorities.

We seek Safe Harbor.