San Gold Corporation (SGRCF)

[goldenpolarbear]

Kerr Mines Listed Warrants Trading on a Consolidated Basis

Toronto, ON – August 5, 2014 – Further to its press release of July 25, 2014, announcing the consolidation of its common shares, Kerr Mines Inc. (TSX: KER) ("Kerr") would like to clarify that its listed warrants (the "Warrants") to purchase common shares of Kerr (each a "Kerr Share") began trading on the Toronto Stock Exchange under the new CUSIP 492405147 effective August 1, 2014. As a result of the consolidation, warrant holders will be able to acquire one (1) Kerr Share in exchange for every fifteen (15) Warrants at an exercise price of $5.25 per Kerr Share at any time until October 31, 2014. The adjustment to the exercise price of the Warrants reflects the terms of the Kerr warrant indenture.

For further information contact:

Greg Gibson
President and CEO
Kerr Mines Inc.
Email: [e-mail]

http://www.kerrmines.com/news/news-2014/163-kerr-mines-listed-warrants-trading-on-a-consolidated-basis