Aurizon Provides Update on Shareholder Rights Plan

Aurizon Provides Update on Shareholder Rights Plan 
TSX Temporarily Defers Its Consideration of the Acceptance of
Aurizon's Shareholder Rights Plan 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/29/13 -- Aurizon
Mines Ltd. (TSX:ARZ)(NYSE MKT:AZK) -  
The Aurizon Board of Directors announced today that, further to the
press release of Aurizon on January 23, 2013 announcing the adoption
of a shareholder rights plan (the "Rights Plan"), the Toronto Stock
Exchange (the "TSX") determined on January 29, 2013, in accordance
with its rules, to defer its consideration of the acceptance for
filing of the Rights Plan until the appropriate securities commission
has had the opportunity to consider whether it will initiate
proceedings under securities laws with respect to the Rights Plan.
The deferral does not affect the operation of the Rights Plan which
remains effective in accordance with its terms. 
The TSX deferral is in accordance with the polices of the TSX and is
typical in situations in which a shareholder rights plan can be
perceived to have been adopted in response to a take-over bid that
has been made or is contemplated.  
As previously disclosed, the Rights Plan is intended to provide the
Board of Directors with adequate time to identify, develop and
negotiate value-enhancing alternatives, if appropriate, to any
unsolicited take-over bid, including the hostile take-over bid
received from Alamos Gold Inc. and to encourage equal treatment of
shareholders in connection with any take-over bid offer. The Rights
Plan is not intended to prevent a take-over of Aurizon or to secure
continuance in office of management or the directors.  
Aurizon intends to seek shareholder ratification of the Rights Plan
at a special meeting of shareholders to be held on March 7, 2013. A
copy of the Rights Plan was filed on January 23, 2013, under
Aurizon's SEDAR profile at www.sedar.com, on Aurizon's website at
www.aurizon.com/maximizevalue, and as part of Aurizon's registration
statement on Form 8-A at www.sec.gov. 
This news release contains forward-looking information (as defined in
the Securities Act (British Columbia)) and forward-looking statements
(collectively, "forward-looking statements") that are prospective in
nature. All statements other than statements of historical fact may
be forward-looking statements. In this news release, such
forward-looking statements include statements regarding the adoption
of a shareholder rights plan. These forward-looking statements are
based on a number of assumptions, including assumptions regarding the
shareholder rights plan becoming effective as planned; and the Board
of Directors receiving adequate time to identify, develop and
negotiate value-enhancing alternatives to the hostile take-over bid
received from Alamos Gold Inc. Although management of Aurizon
believes that the assumptions made and the expectations represented
by such statements are reasonable, there can be no assurance that a
forward-looking statement herein will prove to be accurate. Actual
results and developments may differ materially from those expressed
or implied by the forward-looking statements contained in this news
release and even if such actual results and developments are realized
or substantially realized, there can be no assurance that they will
have the expected consequences or effects. You should not place undue
reliance on any forward-looking statements contained in this news
release. Aurizon specifically disclaims any obligation to reissue or
update these forward-looking statements as a result of new
information or events after the date hereof, except as may be
required by law. 
About Aurizon 
Aurizon is a gold producer with a growth strategy focused on
developing its existing projects in the Abitibi region of
north-western Quebec, one of the world's most favourable mining
jurisdictions and prolific gold and base metal regions, and by
increasing its asset base through accretive transactions. Aurizon
shares trade on the Toronto Stock Exchange under the symbol "ARZ" and
on the NYSE MKT under the symbol "AZK". Additional information on
Aurizon and its properties is available on Aurizon's website at
www.aurizon.com. 
U.S. Registration (File 001-31893)
Contacts:
Media Contact:
Longview Communications
Trevor Zeck (604) 694 6037
Louise Kozier (604) 644 6090 
Aurizon Mines Ltd.
Jennifer North
Manager Investor Relations
604-687-6600 or Toll Free: 1-800-411-GOLD (4653)
604-687-3932 (FAX)
jennifer.north@aurizon.com
www.aurizon.com