GNT Gentor Resources Inc

NOT FOR DISSEMINATION IN THE UNITED STATES

Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE:GNT) announces
that it proposes to carry out a non-brokered arm's length private placement of
2,000,000 units of the Company (the "Units") at a price of Cdn$0.075 per Unit
for proceeds to the Company of Cdn$150,000. Each such Unit is to be comprised of
one common share of the Company and one-half of one warrant of the Company, with
each full warrant entitling the holder to purchase one common share of the
Company at a price of Cdn$0.10 for a period of two years. Closing of this
financing (the "Financing") is subject to receipt of all necessary approvals,
including board and TSX Venture Exchange approvals. The Company intends to use
the proceeds from the Financing for exploration activities related to the
Company's Turkey properties and for general corporate purposes. 


This press release does not constitute an offer to sell or a solicitation of an
offer to buy nor shall there be any sale of any of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful. The
securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or the
securities laws of any state of the United States and may not be offered or sold
within the United States (as defined in Regulation S under the U.S. Securities
Act) unless registered under the U.S. Securities Act and applicable state
securities laws or pursuant to an exemption from such registration requirements.



About Gentor

Gentor is a mineral exploration company whose projects include copper and gold
properties in the Sultanate of Oman and Turkey. The Company's strategy is to
create shareholder value by developing highly prospective mineral properties
around the globe, with current focus in the Sultanate of Oman and Turkey. 


Forward-Looking Information: This press release contains forward-looking
information. All statements, other than statements of historical fact, that
address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future (including, without limitation,
statements regarding the closing of the Financing) are forward-looking
information. This forward-looking information reflects the current expectations
or beliefs of the Company based on information currently available to the
Company. Forward-looking information is subject to a number of risks and
uncertainties that may cause the actual results of the Company to differ
materially from those discussed in the forward-looking information, and even if
such actual results are realized or substantially realized, there can be no
assurance that they will have the expected consequences to, or effects on the
Company. Factors that could cause actual results or events to differ materially
from current expectations include, among other things, uncertainties relating to
the availability and costs of financing needed in the future, risks related to
the exploration stage of the Company's properties, the possibility that future
exploration results will not be consistent with the Company's expectations,
failure to complete the proposed Financing, the need to satisfy regulatory and
legal requirements with respect to the proposed Financing, changes in world
copper or gold markets and equity markets, political developments in Oman or
Turkey, the uncertainties involved in interpreting exploration results and other
geological data and the other risks disclosed under the heading "Risk Factors"
and elsewhere in the Company's annual report on Form 20-F dated April 30, 2013
relating to the year ended December 31, 2012 filed on SEDAR at www.sedar.com and
EDGAR at www.sec.gov. Forward-looking information speaks only as of the date on
which it is provided and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any
forward-looking information, whether as a result of new information, future
events or results or otherwise. Although the Company believes that the
assumptions inherent in the forward-looking information are reasonable,
forward-looking information is not a guarantee of future performance and
accordingly undue reliance should not be put on such information due to the
inherent uncertainty therein.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gentor Resources Inc.
Dr. Peter Ruxton
President & CEO, United Kingdom
+ 44 (0) 7786 111103


Gentor Resources Inc.
Arnold T. Kondrat
Executive Vice President, Toronto, Ontario
+ 1 (416) 366 2221 or + 1 (800) 714 7938
www.gentorresources.com

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