PMI Gold Corporation Graduates to the TSX

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA AND AUSTRALIA ONLY AND
IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES. 


PMI Gold Corporation (TSX VENTURE:PMV)(ASX:PVM)(FRANKFURT:PN3N) ("PMI" or the
"Company") is pleased to announce that it has completed all necessary
requirements for graduation from the TSX Venture Exchange to the Toronto Stock
Exchange (the "TSX") main board, including receipt of final approval from the
TSX.


PMI's common shares will commence trading on the TSX main board at market open
on November 30, 2012. The Company's common shares will continue to trade under
the symbol PMV. At this time, the Company's common shares will also be delisted
from and cease trading on the TSX Venture Exchange.


On behalf of the Board,

Collin Ellison, Managing Director & CEO

FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations Canada:
Rebecca Greco, Fig House Communications
[phone]
[e-mail]


PMI Contact Canada:
Marion McGrath, Corporate Secretary
[phone] or Toll-Free: 1 [phone]


Investor Relations Australia:
Nicholas Read/Paul Armstrong, Read Corporate
[phone] or M: [phone]


PMI Contact Australia:
Collin Ellison, Managing Director & CEO
[phone]
www.pmigoldcorp.com