Orestone Announces $250 Thousand Dollar Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Orestone Mining Corp. (TSX VENTURE:ORS) (the "Company") is pleased to announce a
non-brokered private placement consisting of a maximum of 2,941,176 units
("Units") at a price of $0.085 per Unit for aggregate gross proceeds of up to
$250,000 (the "Private Placement"). Each Unit will consist of one common share
of the Company and one-half of one common share purchase warrant. Each whole
Warrant will be exercisable for one common share of the Company at a price of
$0.14 for one year from the date of issuance.


Subject to the approval of the TSX Venture Exchange (the "Exchange") and
applicable laws, the Company may pay to certain arm's length finders a cash
finder's fee of 7% of the gross proceeds of the Private Placement.


The closing date is anticipated to be on or about June 20, 2013 or such later
date as the Corporation may determine. Closing will be subject to receipt of
conditional approval by the Exchange. Certain of the Company's insiders may
participate in the Private Placement.


The net proceeds of the Private Placement will be used for exploration and
development of the Company's Captain Gold/Copper Porphyry Property near Ft. St.
James, British Columbia where drilling is anticipated to begin in the coming
weeks.


Within B.C., Canada the Company has recently discovered a large copper/gold
porphyry system on the 100% owned Captain Project and is seeing increased
interest in the Stewart Mining Camp where the Company's 50 square kilometer Todd
Creek (51%) asset is located. For additional information please visit
www.orestone.ca.


The securities of the Company and the securities to be issued pursuant to the
Private Placement have not and will not be registered under the United States
Securities Act of 1933, as amended (the "1933 Act"), or the securities laws of
any state of the United States, and may not be offered or sold in the United
States absent registration or an applicable exemption therefrom under the 1933
Act and the securities laws of all applicable states.


ON BEHALF OF ORESTONE MINING CORP.

David Hottman, President and CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Orestone Mining Corp.
David Hottman
President & CEO
604-629-1929
[e-mail]
www.orestone.ca