Nitinat Minerals Corporation (the "Corporation") (TSX VENTURE:NZZ) is pleased to
announce that pursuant to and advisory agreement dated April 17, 2013 (the
"Agreement") it has retained Jacob Securities Inc. ("Jacob") to provide certain
financial advisory services. The term of the Agreement is for a period of twelve
(12) months with the option to terminate the Agreement at any time after six (6)
months. 


"We are excited to be working with Jacob Securities," stated Herb Brugh,
President of the Corporation. "As the Corporation pursues its various
opportunities in Russia and British Columbia, Jacob will be instrumental in the
Corporation getting it story out into the market. We look forward to a very long
and successful relationship with Jacob."


"We are pleased to be working closely with Nitinat," stated Sasha Jacob,
President of Jacob. "We believe that the Corporation, with its opportunities in
Russia and British Columbia, is well positioned to attract investors looking for
opportunities both in Canada and abroad."


The Corporation would also like to announce that, further to its press release
of November 5, 2012, it has terminated its agreement with First Canadian Capital
Corp. effective February 5, 2013.


This update contains "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and applicable
Canadian securities legislation. Generally, these forward-looking statements can
be identified by the use of forward-looking terminology such as "plans",
"anticipated", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved". Nitinat is subject to significant
risks and uncertainties which may cause the actual results, performance or
achievements to be materially different from any future results, performance, or
achievements expressed or implied by the forward-looking statements contained in
this release. Nitinat cannot assure investors that actual results will be
consistent with these forward-looking statements and Nitinat assumes no
obligation to update or revise the forward-looking statements contained in this
release to reflect actual events or new circumstances.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nitinat Minerals Corporation
Robert Maddigan
Director of the Corporation
416.216.0964
www.nitinatminerals.com

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