Anglo-Bomarc Mines Ltd. Converts to 20% Net Profits Interest on Hercules Property

Anglo-Bomarc Mines Ltd. Converts to 20% Net Profits Interest on Hercules 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/06/13 --
Anglo-Bomarc Mines Ltd. (TSX VENTURE:ANB) (the "Company" or "Anglo")
is pleased to announce that in order to focus its capital
expenditures on its 10% working interest in the emerging Hughes Lake
Uranium project joint venture partnership with Cameco Corp. and AREVA
Resources Canada Inc., Anglo's board of directors have deemed that it
is in the best interest of the Company not to continue to participate
in its joint venture with First Idaho Resources on the Hercules
property. On April 1, 2013 the company gave notice to First Idaho
Resources Inc. of its intention not to participate in any current or
future work program or programs on the Hercules property or provide
any additional expenditures of its proportionate share. Pursuant to
the terms and conditions of the 1983 joint venture agreement between
Anglo-Bomarc US, a wholly owned subsidiary of Anglo-Bomarc Mines Ltd.
and First Idaho Resources Inc. the two parties have elected to
convert Anglo US's 50% working interest to a 20% net profit interest.
Anglo will therefore no longer be responsible for any current or
future expenditures related to work programs undertaken on the
Hercules property. The new agreement is effective as of April 15,
For further information on Anglo-Bomarc's Hughes Lake Uranium Project
and the ongoing $4 million 2013 work program please visit Anglo-Bomarc's management and board of
directors wish First Idaho the best of luck on its upcoming work
We seek safe harbor. 
Anglo-Bomarc Mines Ltd. 
Russell Marshall, President and CEO 
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. 
Anglo-Bomarc Mines Ltd.
Russ Marshall
President and CEO
Press spacebar to pause and continue. Press esc to stop.