Southern Legacy Announces Private Placement of Units

Southern Legacy Minerals Inc. (TSX VENTURE:LCY)(BVL:LCY) ("Southern Legacy" or
the "Company") is pleased to announce its intention to complete a non-brokered
private placement offering of units of the Company ("Units") at a price of $0.12
per Unit for maximum gross proceeds of up to $300,000 (the "Offering"). Each
Unit will be comprised of one common share in the share capital of the Company
("Common Share") and one full common share purchase warrant ("Warrant"). Each
Warrant entitles the holder thereof to purchase one Common Share ("Warrant
Share") at a price of $0.18 per Warrant Share at any time prior to 4:30 p.m.
(Toronto time) on the date that is two years from the date of the issuance of
the Units.


There is no minimum Offering amount. The Company anticipates that certain of its
insiders may participate in the Offering; however it is not expected that any
new insiders will be created, nor that any change of control will occur, as a
result of the Offering.


The Offering is expected to close on or about December 31, 2013 and is subject
to regulatory approval, including approval of the TSX Venture Exchange. For
further details on the Offering, please contact the Company. All securities
issued in connection with the Offering will be subject to a hold period of four
months from the date of closing. The net proceeds from the Offering will be used
for option payments, expenses related to drilling permit applications and access
rights and for general working capital purposes.


Forward-Looking Statement:

This news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and
similar expressions are intended to identify forward-looking information or
statements. In particular, this news release contains forward-looking
information relating to the Offering and the use of the proceeds therefrom. The
forward-looking statements and information are based on certain key expectations
and assumptions made by the Company, including expectations and assumptions
concerning the completion of the Offering and the use of net proceeds of the
Offering. Although the Company believes that the expectations and assumptions on
which such forward-looking statements and information are based are reasonable,
undue reliance should not be placed on the forward looking statements and
information because the Company can give no assurance that they will prove to be
correct.


Since forward-looking statements and information address future events and
conditions, by their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently anticipated due to a
number of factors and risks. Such factors may include the failure to
successfully market the Units and failure to satisfy certain conditions in
connection with the issuance of the Units. Other factors which could materially
affect such forward-looking information are described in the risk factors in the
Company's most recent annual management's discussion and analysis that is
available on the Company's profile on SEDAR at www.sedar.com. Readers are
cautioned that the foregoing list of factors is not exhaustive. The
forward-looking statements included in this news release are expressly qualified
by this cautionary statement. The forward-looking statements and information
contained in this news release are made as of the date hereof and the Company
undertakes no obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events
or otherwise, unless so required by applicable securities laws.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Southern Legacy Minerals Inc.
Fernando Pickmann
President and CEO
+011.511.208.4200
[e-mail]
www.slminerals.com