June 17, 2013 - Winnipeg, Manitoba - Cougar Minerals Corp. - TSX-V: COU ("Cougar" or the "Company") is pleased to announce that further to Cougar's press releases dated April 5 and June 4, 2013, it has negotiated an amendment to its option agreement on the Geel property, located near Virginia City, Montana.

The Company has earned a 25% undivided interest in the Geel gold and silver mining lease. The amended agreement allows Cougar the option to earn an additional 25% interest in the Geel mining lease (for a total undivided interest of 50%) by Cougar incurring a total of US$1,000,000 in expenditures on the Geel property, as follows: US$500,000 on or before December 31, 2014, and an additional US$500,000 on or before December 31, 2015. Cougar has also amended the agreement to eliminate the issuance of 12 million common shares. In order to conserve funds, the agreement has been further amended to eliminate the additional cash payments and to extend the time period for incurring exploration expenditures.

COUGAR MINERALS CORPORATION

s/ "Murray Nye"

Murray Nye

President

For more information, please contact:

Cougar Minerals Corporation

Murray Nye, President/CEO

(204) 989-2434

www.cougarminerals.com

Cautionary Note

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release may contain "forward-looking information", within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to Cougar's exploration program and plans. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "believes", "plans", "seeks", "expects", "budget" or variations of such words or statements that certain actions, events or results may, could, will, will be, would be or are expected to be. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Cougar to be materially different from those expressed or implied by such forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Cougar does not undertake to update any forward- looking information, except in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy and accuracy of this release.

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