MIN

Excelsior Mining Corp. (TSX VENTURE:MIN) (OTCQX:EXMGF) (FRANKFURT:3XS)
("Excelsior" or the "Company") announces the approval by its board of directors
of an advance notice policy (the "Policy"), which among other things, includes a
provision that requires advance notice to the Company in circumstances where
nominations of persons for election to the board of directors are made by
shareholders of the Company other than pursuant to: (i) a "proposal" made in
accordance with Division 7 of the Business Corporations Act (British Columbia)
(the "Act"); or (ii) a requisition of the shareholders made in accordance with
section 167 of the Act. 


Among other things, the Policy fixes a deadline by which holders of record of
common shares of Excelsior must submit director nominations to the Corporate
Secretary of the Company prior to any annual or special meeting of shareholders
at which directors are to be elected, and sets forth the specific information
that a shareholder must include in the written notice to the Corporate Secretary
of the Company for an effective nomination to occur. No person will be eligible
for election as a director of the Company unless nominated in accordance with
the provisions of the Policy. 


In the case of an annual meeting of shareholders, notice to the Company must be
made not less than 30 nor more than 65 days prior to the date of the annual
meeting; provided, however, that in the event that the annual meeting is to be
held on a date that is less than 40 days after the date on which the first
public announcement of the date of the annual meeting was made, notice may be
made not later than the close of business on the 10th day following such public
announcement. 


In the case of a special meeting of shareholders (which is not also an annual
meeting), notice to the Company must be made not later than the close of
business on the 15th day following the day on which the first public
announcement of the date of the special meeting was made. 


The Policy is effective and in full force and effect as of the date it was
approved by the Company's board of directors. In accordance with the terms of
the Policy, the Policy will be put to shareholders of the Company for approval
at the next Annual General Meeting ("AGM") which is scheduled for September 26,
2013, and if the Policy is not confirmed at the meeting by ordinary resolution
of the shareholders, the Policy will terminate and be of no further force and
effect following the termination of the AGM. 


The full text of the Policy is available via SEDAR at www.sedar.com 

About Excelsior 

Excelsior is a mineral exploration and development company that is advancing the
Gunnison Copper Project. The Excelsior management team consists of experienced
professionals with proven track records of advancing mining projects into
production.


ON BEHALF OF THE EXCELSIOR BOARD

Stephen Twyerould, President & CEO 

Cautionary Note Regarding Forward-Looking Information 

This news release contains "forward-looking information" concerning anticipated
developments and events that may occur in the future. Forward-looking statements
are statements that relate to future, not past, events. In this context,
forward-looking statements often address expected future business and financial
performance, and often contain words such as "anticipate", "believe", "plan",
"estimate", "expect", and "intend", statements that an action or event "may",
"might", "could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical fact, included
herein including, without limitation, statements about the advancement of the
Company's mineral properties are forward-looking statements. By their nature,
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause our actual results, performance or achievements,
or other future events, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements. Such factors include, among others, the following risks: the need
for additional financing; operational risks associated with mineral exploration;
fluctuations in commodity prices; title matters; environmental liability claims
and insurance; reliance on key personnel; the potential for conflicts of
interest among certain officers, directors or promoters with certain other
projects; the absence of dividends; competition; dilution; the volatility of our
common share price and volume and the additional risks identified in the
management discussion and analysis section of our interim and most recent annual
financial statement or other reports and filings with the TSX Venture Exchange
and applicable Canadian securities regulations. Forward-looking statements are
made based on management's beliefs, estimates and opinions on the date that
statements are made and Excelsior undertakes no obligation to update
forward-looking statements if these beliefs, estimates and opinions or other
circumstances should change, except as required by applicable securities laws.
Investors are cautioned against attributing undue certainty to forward-looking
statements. 


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, and no securities
regulatory authority has either approved or disapproved of the contents of this
release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Excelsior Mining Corp.
JJ Jennex
Vice President, Corporate Affairs
604-681-8030 x240
info@excelsiormining.com
www.excelsiormining.com

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