Brionor Finalizes Timeline to Close the Atala Acquisition

Brionor Resources Inc. ("Brionor" or the "Company") (TSX VENTURE:BNR) announces
that it has set a final deadline to close the previously announced acquisition
(the "Acquisition') of Atala Resources Corp. ("Atala") to 'on or before' April
30, 2014. The agreement between the parties as per previous extension
agreement(s) contemplated a closing of the Acquisition on or before February 28,
2014. Closing was delayed as a result of Atala's acquisition of AuEx Argentina
S.A. from Renaissance Gold Inc. ("RenGold"). As per RenGold's press release
dated March 10, 2014, the sale of AuEx Argentina S.A. to Atala is now complete.
This then clears the way for Brionor to proceed with the Atala acquisition, as
per the following terms: Brionor will acquire Atala and its subsidiary companies
for the issuance to Atala shareholders of 12 million Brionor common shares. 


About Atala: 

Atala Resources Corp. is a private mineral exploration company focused on the
acquisition and advancement of its project portfolio in Argentina's prolific
mining friendly Santa Cruz province. Through the recent acquisition of AuEx
Argentina S.A., as well as other private acquisitions, Atala has amassed a
project portfolio on a very favourable basis, that consists of both drill ready
and grassroots projects in the very prospective and prolific geological
environment that underlay's Santa Cruz province. Atala is led by Brian Gavin,
and his team of professionals with over 20 years of experience in Argentina. As
a founder of Minera Andes Inc. (Now McEwen Mining), Brian and his team were
responsible for the discoveries of the high grade San Jose Ag/Au, mine now in
production as a joint venture between McEwen Mining and Hochshild Mining PLC,
and the Los Azules Cu project, a large world class porphyry copper system
located in San Juan province.


Lew Lawrick, President & CEO of Brionor commented, "We are very pleased to be
able to now press ahead with our acquisition of Atala and its project portfolio,
which includes a team of professionals on the ground in Argentina. Brian and his
team bring an enviable track record of success that we will look to duplicate
inside of Brionor. We are very bullish on our prospects in Argentina despite the
current 'out of favour' view, we believe this to be an opportune time to acquire
these assets as supported by a world class team of professionals."


As previously disclosed, the completion of the transaction is subject to a
number of conditions, including but not limited to, both parties obtaining all
necessary approvals, including the required regulatory approvals (see press
release dated February 20, 2013 for more details).


Brionor is a junior mining exploration company with a portfolio of exploration
projects in Quebec.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brionor Resources Inc.
Lewis Lawrick
President & CEO
647-478-5307


Robert Ayotte
Executive Chairman
450-441-9177
info@brionor.com

Brionor Resources Inc. (TSXV:BNR)
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