Everton Announces Share Consolidation

Everton Resources Inc. ("Everton" or the "Company") (TSX
VENTURE:EVR)(FRANKFURT:ERV) is pleased to announce that the TSX Venture Exchange
("TSX-V" or the "Exchange") has approved the consolidation of the Company's
common shares ("Common Shares") on a basis of one (1) post-consolidation Common
Share for each five (5) pre-consolidation Common Shares (the "Consolidation")
and has no objection to the Common Shares trading on a post-consolidated basis
effective at the opening of market on February 25, 2014 under the new CUSIP
number 300410305. The number of Common Shares of the Corporation issued and
outstanding will be reduced from 154,654,225 common shares to 30,930,845 common
shares.


At the Special Meeting of shareholders held on December 13th, 2013, the
shareholders voted to approve the consolidation of the Company's common share
capital on the basis of one (1) post-consolidation common share for every five
(5) pre-consolidation common shares held. 


Letters of transmittal with respect to the Consolidation have been mailed out to
all registered shareholders by the Company's transfer agent, Computershare
Investor Services Inc. ("Computershare"). The letter of transmittal describes
the process by which registered shareholders may obtain new certificates
representing consolidated Common Shares and all registered shareholders of the
Company will be required to send their certificates representing
pre-Consolidation Common Shares with a properly executed letter of transmittal
to Computershare, in accordance with the instructions provided in the letter of
transmittal. No fractional Common Shares will be issued. Where the Consolidation
results in a fractional Common Share, the number of post-Consolidation Common
Shares will be rounded down to a lower unit where the fraction obtained is less
than 0.5 and rounded up to the higher unit where the fraction obtained is equal
to or greater than 05. Shareholders who hold their Common Shares through a
broker or other intermediary and do not have Common Shares registered in their
name will not need to complete a letter of transmittal.


About Everton Resources Inc. 

Everton is actively exploring in the Dominican Republic adjacent to the Pueblo
Viejo Mine, owned by the world's two largest gold mining companies, Barrick Gold
Company (60%) in partnership with Goldcorp Inc. (40%) ("Goldcorp"). Everton also
holds an interest in the Opinaca region of James Bay, Quebec where the Company
has partnered with Hecla Mining Company (formerly Aurizon Mines Ltd.) which is
advancing Everton's interest by funding 100% of all exploration work on one of
the largest land packages adjacent to Goldcorp's Eleonore gold deposit.


For further information on Everton Resources Inc. please visit
www.evertonresources.com. 


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Everton Resources Inc.
Andre Audet
Chairman and CEO
613-241-2332
613-424-5682 (FAX)
[e-mail]
www.evertonresources.com