Mistango Enters Into Agreement to Sell HM Claim Royalty

Mistango River Resources Inc. (CNSX:MIS) ("Mistango") announced today that it
has entered into a royalty purchase agreement (the "Agreement") with Premier
Royalty Inc. ("Premier"), an arm's length third party, to sell Mistango's 2% net
smelter return royalty (the "Royalty") on Kirkland Lake Gold Inc.'s ("Kirkland")
HM Property (the "Property"), located in Kirkland Lake, Ontario. Pursuant to the
Agreement, and subject to its terms and conditions, Mistango will sell the
Royalty to Premier in consideration for a cash payment of $1,250,000 CDN and the
issuance to Mistango of 100,000 common shares of Premier (the "Consideration
Shares"), subject to applicable regulatory approval.


Conditions to closing include conditions typical for a transaction of this type,
such as completion of legal due diligence and receipt of regulatory approvals,
as well as a condition that registration of the Property in Kirkland's name be
confirmed. Additionally, in the event Premier is acquired by Sandstorm Gold Ltd.
("Sandstorm") prior to closing of the sale of the Royalty, closing is
conditional on Sandstorm agreeing to issue common shares of Sandstorm to
Mistango in lieu of the Consideration Shares.


Mistango (formerly GLR Resources Inc.) acquired the Royalty in connection with
the sale of the Property in 2009 to Queenston Mining Inc. and Kirkland Lake Gold
Inc. Closing of the transaction is expected to occur on September 19, 2013. 


This news release contains certain "forward-looking information". All
statements, other than statements of historical fact, that address activities,
events or developments that Mistango believes, expects or anticipates will or
may occur in the future including, without limitation, statements relating to
the anticipated completion of the sale of the Royalty and the anticipated
receipt of the consideration therefor, are forward-looking statements. These
forward-looking statements reflect the current expectations or beliefs of
Mistango based on information currently available to Mistango. Forward-looking
statements are subject to a number of significant risks and uncertainties and
other factors that may cause the actual results of Mistango to differ materially
from those discussed in the forward-looking statements, and even if such actual
results are realized or substantially realized, there can be no assurance that
they will have the expected consequences to, or effects on Mistango. Factors
that would cause actual results or events to differ materially from current
expectations include, but are not limited to, the failure of Mistango and/or
Premier to satisfy the terms and conditions of the Agreement, including, but not
limited to, conditions related to Premier's satisfaction with its due diligence
investigations and the receipt of regulatory approvals.


Any forward-looking statement speaks only as at the date on which it is made
and, except as may be required by applicable securities laws, Mistango disclaims
any intent or obligation to update any forward-looking statement, whether as a
result of new information, future events or results or otherwise. Although
Mistango believes that the assumptions inherent in the forward-looking
statements are reasonable, forward-looking statements are not guarantees of
future performance and accordingly undue reliance should not be put on such
statements due to the inherent uncertainty therein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mistango River Resources Inc.
Robert J. Kasner
President and CEO
1 705 567 5351
[e-mail]


CHF Investor Relations
Stephanie Fitzgerald
Assoc. Account Manager
1 416 868 1079 x 222
[e-mail]