Hunter Bay Minerals Closes Final Tranche of Previously Announced $1.25 Million Financing

Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE:HBY)(OTCQX:HTBNF) is pleased
to announce that it has closed the final tranche of its private placement
financing announced on January 3, 2013 and March 19, 2013 by issuing to Sumin
Resources Limited ("Sumin") 1,430,000 units at a price of $0.10 per unit for
gross proceeds of $143,000. Each unit consists of one ordinary share ("Share")
and one share purchase warrant ("Warrant"), with each Warrant entitling the
holder to acquire one additional Share at a price of $0.10 per Share until
October 10, 2013. The securities issued will be subject to a hold period
expiring on August 11, 2013 pursuant to applicable Canadian securities laws and
the rules of the TSX Venture Exchange.


Under the private placement financing, Hunter Bay raised total gross proceeds of
$1.25 Million by issuing a total of 12,500,000 units. Hunter Bay also issued
finders a total of 607,000 non-transferable Warrants. Each finder's warrant
entitles the holder to purchase one Share at a price of $0.10 per Share until
April 10, 2015.


Each of Derk Hartman and Oscar Louzada are directors of Hunter Bay and Sumin. As
Sumin purchased a total of 6,430,000 units under the private placement, the
issuances to Sumin is considered to be a related party transaction subject to
TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101. Hunter Bay
has relied on exemptions from the formal valuation and minority shareholder
approval requirements provided under sections 5.5(a) and 5.7(a) of Multilateral
Instrument 61-101 on the basis that participation in the private placement by
Sumin did not exceed 25% of the fair market value of Hunter Bay's market
capitalization.


Proceeds will be used to fund Hunter Bay's exploration program on its Sela Creek
Project as well as for general working capital and corporate purposes.


The securities described herein have not been, and will not be, registered under
the United States Securities Act of 1933, as amended, (the "U.S. Securities
Act") or any state securities laws, and accordingly, may not be offered or sold
within the United States except in compliance with the registration requirements
of the U.S. Securities Act and applicable state securities requirements or
pursuant to exemptions therefrom. This news release does not constitute an offer
to sell or a solicitation of an offer to buy any of Hunter Bay's securities in
the United States.


About Hunter Bay 

Hunter Bay is engaged in the acquisition, exploration and development of mineral
resource properties located in South America and Canada. Hunter Bay's lead
project is the Sela Creek Project, located in Suriname, which Hunter Bay has an
option to acquire up to an eighty percent (80%) interest. Hunter Bay also owns a
one-hundred percent (100%) interest in the Great Bear Lake Properties located in
the eastern side of Great Bear Lake NWT. 


Forward-Looking Statements

Information set forth in this news release contains forward-looking statements
that are based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. Hunter Bay cautions
that all forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are
beyond Hunter Bay's control. Such factors include, among other things: risks and
uncertainties relating to Hunter Bay's ability to complete its proposed
exploration program on the Sela Creek Project. Accordingly, actual and future
events, conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the forward-looking
information. Except as required under applicable securities legislation, Hunter
Bay undertakes no obligation to publicly update or revise forward-looking
information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hunter Bay Minerals plc
Christopher Wilson
CEO and President
([phone]
Bridge House, London Bridge
London, England SE1 9QR