Actus Minerals Property Acquisition

Actus Minerals Corp. (TSX VENTURE:AAC) (the "Company" or "Actus") is pleased to
announce that, subject to regulatory approval, it has entered into a Letter
Agreement (LOI) with Pistol Bay Mining Inc., ("Pistol") whereby Pistol has
granted the Company an option to acquire a 51% interest in the mineral claim
known as the C3 claim block (#S-111223, comprising 274 hectares) located in the
Athabasca Basin, in the Wheeler River area, Saskatchewan (the "Property"). 


Under the terms of the Agreement, and as part of its due diligence review Actus
incurred $25,000 to have a technical report completed on the property which it
anticipates being able to file shortly. Additionally, the Company, on or before
January 31, 2013, must pay $10,000 and issue 100,000 shares upon receipt of
regulatory approval; pay an additional $90,000 and issue 400,000 of its shares
by March 30, 2013. In order to maintain the option and earn an undivided 51%
interest in the property, Actus is required to incur an aggregate of $1,000,000
in exploration expenditures, make a final payment of $400,000 to Pistol and
issue 2,000,000 common shares on or before March 30, 2014 (the "Final Payment").
At its election, Actus may make the Final Payment in four equal and annual
installments of $100,000 and 500,000 shares. 


The Company is able to earn an additional 10% interest in the property, for an
aggregate interest of 61% by incurring a total of $5,000,000 in exploration
expenditures on the Property on or before the fifth anniversary of the
agreement; and in order to earn an additional 19% interest for an aggregate
interest of 80%, Actus will complete a bankable feasibility study on or before
the seventh year anniversary of the agreement. The Property is subject to an
underlying 2% NSR of which the Company is able to acquire 1% for a onetime
payment of $1,000,000.


To meet its exploration expenditures under the Agreement the Company will be
required to raise additional funds. Management is currently reviewing and
discussing options available to it, the particulars of which will be released as
determined.


The C3 Property lies in the eastern part of the Athabasca Basin where sandstones
rest unconformably on basement rocks of the Wollaston Domain which contain by
far the majority of the known high grade uranium deposits in the basin. The
Property is situated within the regional-scale magnetic low that hosts all of
the known deposits and lies within regionally extensive illite and dravite
alteration zones that are also associated with the MacArthur River and Key Lake
uranium mines and the Millenium deposit. 


The Property is located approximately 20 kilometers southwest of Denison Mines
Phoenix Property and widely spaced shallow drilling in the 1980's (2 holes
drilled by Noranda and one hole drilled by Minatco) all of which reportedly
intersected alteration within the basement rocks with anomalous uranium levels
(3.3 meters averaging 32 ppm U3O8) in the Minatco hole. 


A VTEM survey flown in 2006 defined an extensive conductivity anomaly (within
the C3 Property) interpreted as flat lying or shallow dipping graphitic
meta-sedimentary rocks and an arcuate magnetic feature (similar to the setting
of the Cigar Lake deposit) that may reflect paleo topographic features within
the basement rocks. Field work carried out in 2009 (boulder sampling,
geochemical analysis and reflectance spectroscopy) has confirmed the presence of
alteration minerals and pathfinder elements associated with uranium
mineralization. 


Most of the known uranium deposits occur in close association with graphitic
metasediments in the Wollaston basement rocks. The deposits often occur at the
intersections between strike-parallel faults (or shear zones localized in
graphitic basement units) and one or more set of cross-faults or associated with
domes reflecting paleo-topograpic irregularities in the basement rocks.


By current exploration standards, the C3 Property has excellent potential to
host high grade uranium mineralization and clearly warrants an extensive
exploration program. Gravity and seismic surveys have been recommended to
delineate alteration haloes within the overlying sandstones and define
irregularities (domes, fault scarps etc.) in the basement rocks which are
considered high priority drill targets in this part of the Athabasca Basin. 


Colin Bowdidge, Ph.D., P.Geo., a Qualified Person as defined in NI43-101, has
reviewed the technical material in this news release.


On behalf of the Board of Directors

Carl von Einsiedel, Director

FOR FURTHER INFORMATION PLEASE CONTACT: 
Actus Minerals Corp.
Carl von Einsiedel
Director
604-678-9639