Trevali Receives Final Approval for $30-million Portion of RMB Resources Funding Facility

Trevali Receives Final Approval for $30-million Portion of RMB Resources 
Funding Facility 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/04/13 -- Trevali
Mining Corporation ("Trevali" or the "Company")
that it has received final approval by the Investment Committee of
RMB Resources ("RMB"), the resource financing division of the
FirstRand Group of South Africa, for the $30-million of funding
associated with its previously announced (see February 28, 2013 news
release TV-NR-13-03 and September 26, 2012 news release TV-NR-12-27)
$60-million senior debt and prepaid precious metals facility
("Facility"). The debt facility will be used to repay current debt,
fund development towards stand-alone mine and mill operations in the
Bathurst Camp of New Brunswick, and for general corporate working
capital purposes. 
This mezzanine-tranche of the facility is repayable on the earlier of
June 30, 2014, or closing of the final $60-million senior debt
facility. The facility bears interest of LIBOR + 8.5% per annum and
has an arrangement fee of 5% and 3,000,000 warrants to purchase
Trevali common shares on the TSX, issued on the closing date of the
facility and exercisable at any time through June 30, 2015 at an
exercise price of $1.25 per share, subject to TSX approval. 
The related legal documentation is advanced and the Company and RMB
are aiming to complete the final paper-work by the end of April. It
is anticipated that the $60-million senior debt and prepaid precious
metals facility will be approved subject to the receipt of positive
ongoing technical studies relating to the commencement of production
in New Brunswick. 
"The final approval of the initial $30-million funding by RMB enables
the Company to order lead items and advance our New Brunswick mill
and mine development project towards production," stated Dr. Mark
Cruise, Trevali's President and CEO.  
RMB Resources is the resource financing division of the FirstRand
Group, which is listed on the Johannesburg Stock Exchange (FSR:SJ)
and is one of South Africa's largest financial institutions. RMB
specializes in providing equity- and debt-financing solutions for
small to mid-tier resource compa
nies globally. RMB Resources provides
debt funding through conventional project financing, commodity
pre-paid forward financing as well as senior, subordinated, standby
and bridge financing. Staffed with experienced mining executives, RMB
Resources operates from its offices in Sydney, Melbourne, London,
Denver and New York. 
Trevali is a zinc-focused base metals development company with active
operations in Canada and Peru. 
In Peru, the Company is nearing production at its Santander
zinc-lead-silver mine where commissioning is expected soon and
subsequent ramp up to the planned 2,000-tonnes-per-day production is
anticipated by mid-year 2013. 
In Canada, Trevali owns the Caribou mine and mill, Halfmile mine and
Stratmat polymetallic deposit all located in the Bathurst Mining Camp
of northern New Brunswick. Initial trial production from the Halfmile
underground mine was successfully undertaken in 2012 and the Company
anticipates commencing operations at its 3,000-tonne-per-day Caribou
Mill Complex in late-2013. 
All of the Company's deposits remain open for expansion. 
The common shares of Trevali are listed on the TSX (symbol TV), the
OTCQX (symbol TREVF) and on the Lima Stock Exchange (symbol TV).
Warrants to purchase common shares of Trevali are listed on the TSX
(symbol TV.WT). For further details on Trevali, readers are referred
to the Company's website ( and to Canadian regulatory
filings on SEDAR at 
On Behalf of the Board of Directors of 
Mark D. Cruise, President 
This news release contains "forward-looking statements" within the
meaning of the United States private securities litigation reform act
of 1995 and "forward-looking information" within the meaning of
applicable Canadian securities legislation. Statements containing
forward-looking information express, as at the date of this news
release, the Company's plans, estimates, forecasts, projections,
expectations, or beliefs as to future events or results and the
company does not intend, and does not assume any obligation to,
update such statements containing the forward-looking information.
Such forward-looking statements and information include, but are not
limited to statements as to: the accuracy of estimated mineral
reserves and resources, anticipated results of future exploration,
and forecast future metal prices, anticipated results of future
electrical sales and expectations that environmental, permitting,
legal, title, taxation, socio-economic, political, marketing or other
issues will not materially affect estimates of mineral reserves.
These statements reflect the Company's current views with respect to
future events and are necessarily based upon a number of assumptions
and estimates that, while considered reasonable by the Company, are
inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. 
These statements reflect the Company's current views with respect to
future events and are necessarily based upon a number of assumptions
and estimates that, while considered reasonable by the company, are
inherently subject to significant business, economic, competitive,
political and social uncertainties and contingencies. Many factors,
both known and unknown, could cause actual results, performance or
achievements to be materially different from the results, performance
or achievements that are or may be expressed or implied by such
forward-looking statements contained in this news release and the
company has made assumptions and estimates based on or related to
many of these factors.  
Such factors include, without limitation: fluctuations in spot and
forward markets for silver, zinc, base metals and certain other
commodities (such as natural gas, fuel oil and electricity);
fluctuations in currency markets (such as the Peruvian sol versus the
U.S. dollar); risks related to the technological and operational
nature of the Company's business; changes in national and local
government, legislation, taxation, controls or regulations and
political or economic developments in Canada, the United States, Peru
or other countries where the Company may carry on business in the
future; risks and hazards associated with the business of mineral
exploration, development and mining (including environmental hazards,
industrial accidents, unusual or unexpected geological or structural
formations, pressures, cave-ins and flooding); risks relating to the
credit worthiness or financial condition of suppliers, refiners and
other parties with whom the Company does business; inadequate
insurance, or inability to obtain insurance, to cover these risks and
hazards; employee relations; relationships with and claims by local
communities and indigenous populations; availability and increasing
costs associated with mining inputs and labour; the speculative
nature of mineral exploration and development, including the risks of
obtaining necessary licenses and permits and the presence of laws and
regulations that may impose restrictions on mining,; diminishing
quantities or grades of mineral reserves as properties are mined;
global financial conditions; business opportunities that may be
presented to, or pursued by, the Company; the Company's ability to
complete and successfully integrate acquisitions and to mitigate
other business combination risks; challenges to, or difficulty in
maintaining, the Company's title to properties and continued
ownership thereof; the actual results of current exploration
activities, conclusions of economic evaluations, and changes in
project parameters to deal with unanticipated economic or other
factors; increased competition in the mining industry for properties,
equipment, qualified personnel, and their costs. Investors are
cautioned against attributing undue certainty or reliance on
forward-looking statements. Although the Company has attempted to
identify important factors that could cause actual results to differ
materially, there may be other factors that cause results not to be
as anticipated, estimated, described or intended. The Company does
not intend, and does not assume any obligation, to update these
forward-looking statements or information to reflect changes in
assumptions or changes in circumstances or any other events affecting
such statements or information, other than as required by applicable
Trevali's production plans at Caribou-Halfmile-Stratmat and Santander
are based only on Indicated and Inferred Mineral Resources and not
Mineral Reserves and do not have demonstrated economic viability.
Inferred Mineral Resources are considered too speculative
geologically to have the economic considerations applied to them that
would enable them to be categorized as Mineral Reserves, and there is
therefore no certainty that the conclusions of the production plans
and Preliminary Economic Assessment (PEA) will be realized.
Additionally where Trevali discusses exploration/expansion potential,
any potential quantity and grade is conceptual in nature and there
has been insufficient exploration to define a mineral resource and it
is uncertain if further exploration will result in the target being
delineated as a mineral resource. 
The TSX has not approved or disapproved of the contents of this news
Trevali Mining Corporation
Steve Stakiw, Vice President,
Investor Relations and Corporate Communications
(604) 488-1661 / Direct: (604) 638-5623
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