Pro-Or Issues an Update on the Current Private Placement

Ressources Minieres Pro-Or Inc. (TSX VENTURE:POI) announces that further to the
Company's press release dated July 10, 2013 announcing the Company's private
placement of $2,300,000, it is pleased to appoint Euro Pacific Canada Inc. as
lead Agent in what is now a brokered private placement. Euro Pacific Canada will
receive a cash commission of 8% of the gross proceeds raised in respect of the
Offering. In addition, Pro-Or will issue warrants (the "Broker Warrants") to the
Agents, exercisable at a price of $0.30 for a period of 18 months following the
Closing Date, to acquire in aggregate which is equal to 8% of the number of
Units sold under the Offering.


The size of the offering has been reduced to $2,295,000 compared to $2,300,000
announced on the press release dated July 10, 2013. Due to market conditions,
the price and warrant terms of the Units offered in the private placement have
been changed as follows:




--  Each Unit shall be priced at $0.15 and contain one Class A share and one
    warrant; 
    
--  Each warrant shall entitle the holder to purchase one Class A share of
    the Corporation at $0.30 for 36 months. The warrants will be subject to
    an accelerator clause by which the warrant expiry date can be shortened
    at the Corporation's discretion if the closing share price on the
    Exchange is $0.40 or higher for a period of more than 20 consecutive
    trading days, in which case the new expiry date would be the thirtieth
    day following formal written notification by the Corporation. Such
    notification cannot be issued during the first four months following the
    closing of this placement, which corresponds to the regulatory hold
    period applicable to all private placements. 



The shares issued pursuant to the offering will be subject to a four-month hold
period.


About Euro Pacific Canada Inc.

Euro Pacific Canada Inc. is a Canadian registered brokerage firm headquartered
in Toronto, with offices in Montreal, Vancouver and Tokyo, Japan. The firms
offer an integrated platform of equity research, institutional sales and
trading, investment banking and private client services utilizing the
macro-economic strategies laid out by Euro Pacific Capital's Chief Global
Strategist Peter Schiff, an internationally recognized market strategist.


About Pro-Or

Pro-Or operates an industrial prototype plant for the recovery of Platinum Group
Elements (Platinum, Palladium and Rhodium or PGMs). The plant is located near
Quebec City in St-Augustin-de-Desmaures. Pro-Or's mission is to sustainably
recover precious metals by the recycling of end-of-life PGM containing
components while meeting global "green" standards for the automobile industry.


Pro-Or also holds the mineral rights to six mining properties and has focused
its exploration activities on the Menarik property in the James Bay area, in the
Province of Quebec, the site of a major chromite deposit with occurrences of
gold, nickel, copper and platinum group metals (PGMs). The operation of Pro-Or's
patented and proprietary processes to such deposits may lead to a breakthrough
in low cost primary mining metallurgy in the near future.


Neither TSX Venture Exchange nor the Supplier of services regulation (as defined
in the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sylvain Boulanger, P.Eng.
President & CEO
[e-mail]
[phone]


Nicole Blanchard, Managing Partner
Sun International Communications
[e-mail]
[phone]


Christine Young
Vice President, Institutional Sales
Euro Pacific Canada Inc.
[e-mail]
416-479-8690