Cougar Minerals Corp. Announces Private Placement

April 11, 2013 - Cougar Minerals Corp. - TSX-V: COU ("Cougar" or the "Company") is pleased to announce a non-brokered offering of units of the Company's securities of up to 6,000,000 non flow-through units at a price of $0.10 per unit (the "NFT Units") to raise gross proceeds of up to $600,000. Each NFT Unit will consist of one common share and one-half of one common share purchase warrant. Each full share purchase warrant will entitle the holder to acquire one additional common share at a price of $0.15 per share for a period of 24 months after closing of the offering.

The offering may be subject to regulatory approval and all shares and any shares issued on exercise of the warrants are subject to restrictions on transfer for a period of four months from the closing of the offerings.

The Company may pay finder's fees in accordance with the policies of the TSX Venture Exchange.

The proceeds from the non flow-through offerings will be used for general corporate purposes and will also allow the Company to further advance the Silver Bar Lode mine in Montana. For complete details see Cougar Minerals' press release dated March 20, 2013.

The non-brokered private placement previously announced on January 22, 2013 has been cancelled.

COUGAR MINERALS CORPORATION

s/ "Murray Nye"

Murray Nye

President

For more information, please contact:

Cougar Minerals Corporation

Murray Nye, President/CEO

[phone]

www.cougarminerals.com

The TSX Venture Exchange, nor its Regulation Services Providers (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied in the forward-looking information.