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File: Elias - News Release regarding suspension of action (v2).DOC


Concerned Shareholders of St. Elias Mines Ltd. Suspend Further Legal Action 
October 28, 2013 (Vancouver) - Gilby Len Hastman and Darcy Kim Hastman (the Concerned Shareholders) announce that they
---> do not intend to take further action against St. Elias Mines Ltd. at this time. This is not a decision that has been 
--->taken lightly. The Concerned Shareholders would like to thank the shareholders that actively supported them. 
(signed "Gilby Len Hastman")
Gilby Len Hastman, on behalf of the Concerned Shareholders
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


File: News Release.pdf

                                                                           FOR IMMEDIATE RELEASE


    Concerned Shareholders of St. Elias Mines Ltd. Suspend
                   Further Legal Action
October 28, 2013 (Vancouver) � Gilby Len Hastman and Darcy Kim Hastman (the Concerned
Shareholders) announce that they do not intend to take further action against St. Elias Mines Ltd. at this
time. This is not a decision that has been taken lightly. The Concerned Shareholders would like to thank the
shareholders that actively supported them.

(signed "Gilby Len Hastman")

Gilby Len Hastman, on behalf of the Concerned Shareholders

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.