Suparna Gold Settles Loan With American Bonanza Gold

Suparna Gold Corp. (TSX VENTURE:SUG) ("Suparna") announces that it has entered
into debt settlement agreement with American Bonanza Gold Corp. ("AmBon") and
Kerr Mines Inc. ("Kerr"), both companies listed on the Toronto Stock Exchange,
with respect to a $1,000,000 principal amount secured, convertible debenture of
AmBon previously granted in favour of Suparna. 


On April 10, 2014, AmBon and Kerr entered into an arrangement agreement,
pursuant to which Kerr will acquire all of the issued and outstanding common
shares of Ambon. Each AmBon shareholder will be entitled to receive 0.53 of a
common share of Kerr for every one common share of AmBon held. A copy of the
arrangement agreement is available under the respective profiles of Kerr and
AmBon at www.sedar.com and readers are encouraged to review the terms and
conditions relating to the proposed arrangement.


The debt settlement agreement is subject to regulatory approval, to all of the
conditions to the arrangement between Kerr and AmBon being satisfied (including
requisite shareholder approvals), and to other conditions customary in
transactions of this nature. Subject to the satisfaction of these conditions,
Suparna has agreed to settle the full amount of the indebtedness owed by AmBon
to Suparna in exchange for 43,845,480 common shares of AmBon at a price of
$0.025 per share. The common shares of Ambon issued in consideration for the
indebtedness will immediately be exchanged into common shares of Kerr in
accordance with the terms of the arrangement agreement.


Reader Advisory

Except for statements of historical fact, this news release contains certain
"forward-looking information" within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate" and other
similar words, or statements that certain events or conditions "may" or "will"
occur. In particular, forward-looking information in this press release
includes, but is not limited to, statements with respect to the timing and
completion of, and the conditions relating to, the debt settlement with AmBon.
Although we believe that the expectations reflected in the forward-looking
information are reasonable, there can be no assurance that such expectations
will prove to be correct. We cannot guarantee future results, performance or
achievements. Consequently, there is no representation that the actual results
achieved will be the same, in whole or in part, as those set out in the
forward-looking information.


Forward-looking information is based on the opinions and estimates of management
at the date the statements are made, and are subject to a variety of risks and
uncertainties and other factors that could cause actual events or results to
differ materially from those anticipated in the forward-looking information.
Some of the risks and other factors could cause results to differ materially
from those expressed in the forward-looking statements include, but are not
limited to: general economic conditions in Canada, the United States and
globally; industry conditions, including fluctuations in commodity prices;
governmental regulation of the mining industry, including environmental
regulation; geological, technical and drilling problems; unanticipated operating
events; competition for and/or inability to retain drilling rigs and other
services; the availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market volatility;
volatility in market prices for commodities; liabilities inherent in mining
operations; changes in tax laws and incentive programs relating to the mining
industry; and the other factors described in our public filings available at
www.sedar.com. Readers are cautioned that this list of risk factors should not
be construed as exhaustive. 


The forward-looking information contained in this news release is expressly
qualified by this cautionary statement. We undertake no duty to update any of
the forward-looking information to conform such information to actual results or
to changes in our expectations except as otherwise required by applicable
securities legislation. Readers are cautioned not to place undue reliance on
forward-looking information.


Neither the 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: 
Suparna Gold Corp.
Michelle Gahagan
President
[phone]
[e-mail]