Undur Tolgoi Announces New COO and Director

Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (CNSX:UTM) is pleased to
announce that Mr. Anthony Milewski will join UTM's board of directors effective
January 1, 2014. In addition, the Company will also appoint Mr. Erdembileg
Jugdernamjil to the position of Chief Operating Officer ("COO"), effective
January 1, 2014, replacing Mr. Jimmie Wilde who has resigned as COO of the
Company.


Mr. Milewski brings the Company a valuable combination of academic
qualifications and advisory experience focused on early and growth stage
companies in emerging markets. He has worked with Skadden Arps and Renaissance
Capital in Moscow and Firebird Management in New York. He has lived and worked
in Russia and Africa and spent extensive amounts of time in Central Asia and
Mongolia. He has served as both a director and an executive with a number of
private and public companies. Anthony has been a frequent speaker at
international industry conferences and this broad experience has given him a
keen insight into the unique challenges and opportunities of operating early
stage companies in emerging markets.


Mr. Milewski's academic qualifications include a B.A. in Russian history from
Brigham Young University, a M.A. in Russian studies and a J.D. from the
University of Washington. Anthony spent a year in Russia as a Fulbright scholar.
He holds an LLM from the Russian Academy of Sciences.


Don Padgett, UTM President and CEO, commented; "We are delighted to have someone
with Anthony's unique skill set to assist the Company with the implementation of
its new strategic direction in the Mongolian infrastructure sector."


Mr. Erdembileg is the CEO of CBM LLC, a Mongolian-registered business
consulting, administration and geology service provider and the CEO of Big Mogul
Coal & Energy LLC, a producing coal mining company. Erdembileg also served as an
officer at the Ministry of Mineral Resources and Energy, a project manager at
Energy Resources LLC and an officer at the State Property Committee. He earned a
bachelor's degree from the Economic school of University of Mongolia and a MBA
from the Academy of Management.


Don Padgett, UTM's President and CEO stated; "We are delighted to have
Erdembileg and his knowledge of local and regional government affairs on board
as we quickly build our newly created road construction/infrastructure division
as part of the Company's business".


UTM announces that effective on January 8, 2014, the Company has granted, under
its Stock Option Plan, fully vested incentive stock options to certain
directors, senior officers, and consultants to purchase up to an aggregate of
2,300,000 common shares in the capital of the Company exercisable for a period
of five years ending on January 6, 2019, at an exercise price of $0.25 per share
and are subject to the Company's vesting provisions. 


All options and any shares issued on the exercise of options will be subject to
a four month hold period and are subject to Exchange approval. 


The CNSX has in no way passed upon the merits of the proposed transaction and
has neither approved or disapproved the contents of this press release.


Disclaimer for Forward-Looking Information

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 are believed to be
reasonable based on information currently available to the Company.


Forward-looking statements and information are based on assumptions that
financing and personnel will be available when required and on reasonable terms,
and all necessary regulatory approvals and shareholder approval will be
obtained, none of which are assured and are subject to a number of other risks
and uncertainties.


There can be no assurance that forward-looking statements will prove to be
accurate. Actual results and future events could differ materially from those
anticipated in such statements. Readers should not place undue reliance on
forward-looking information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Undur Tolgoi Minerals Inc.
Don Padgett
President and CEO
1 760 485 7678
info@undurtolgoi.com


Undur Tolgoi Minerals Inc.
Sabino Di Paola
Chief Financial Officer
1 613 834 6513
sabino@undurtolgoi.com

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