An anonymous director reports

EURO SUN ENTERS INTO NSR ROYALTY AGREEMENT FOR GROSS PROCEEDS OF $4 MILLION

Euro Sun Mining Inc. has entered into a net smelter return royalty agreement with certain purchasers (together, the holder) for the company's Rovina Valley project.

Pursuant to the agreement, the holder acquired a 1-per-cent net smelter return (NSR) royalty for consideration of $4-million, with $2-million paid as of the date of the agreement and the remainder to be paid within nine months. Furthermore, the company has the right, on behalf of the holder, to sell the royalty to a third party purchaser subject to minimum purchase prices by such third party. Should the company exercise the royalty sale right, it agrees to grant to the holder a 0.5-per-cent net smelter return royalty on all copper produced at the property.

In connection with the sale of the royalty, the company granted 32 million common share warrants to the holder, which shall only vest upon the company's exercise of the royalty sale right. Each warrant will entitle the holder to acquire one additional common share of the company at an exercise price of 12.5 cents per common share of the company until Aug. 25, 2028, representing a significant premium to the current market price of the common shares.

About Euro Sun Mining Inc.

Euro Sun is a Toronto Stock Exchange-listed mining company focused on the exploration and development of its 100-per-cent-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second-largest gold deposit in Europe.

We seek Safe Harbor.