Rugby Amends Stock Options

Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE:RUG)(FRANKFURT:7RM)
reports that it has amended the exercise price of an aggregate of 1,440,000
stock options with original exercise prices ranging from $0.85 to $1.31 to an
exercise price of $0.50. These options are held by directors and officers of the
Company and the amendment is subject to approval by disinterested shareholders
and acceptance by the TSX Venture Exchange. 


About Rugby 

Rugby, with a treasury of $2.6 million, is an emerging mineral resource company
focussed on the discovery of large scale gold and copper porphyries and
epithermal gold-silver projects. The management team has a track record in the
successful exploration and development of major resource projects in different
mining jurisdictions 


Mabuhay Project, Philippines: The Company holds an option to acquire up to 80%
of the Mabuhay project in Surigao Province. The Company considers the project to
have excellent potential for the discovery of both epithermal gold deposits and
gold-copper porphyry systems.


Comita Project, Colombia: Rugby holds an option to earn up to 60% of Comita, an
undrilled large scale porphyry copper-gold project in the western cordillera of
Colombia. The project was recognised during a joint German-Colombian government
sponsored exploration program over 20 years ago. No systematic exploration has
been conducted since that time.


Interceptor Project, Argentina: The Company holds an option to acquire 100% of
the Interceptor copper-gold project in Catamarca Province. The property is near
the Maricunga gold belt in Chile, an established mining district that hosts both
producing gold mines and advanced stage porphyry-type projects.


Hawkwood Project, Australia: Rugby holds an option to acquire 90% of the
Hawkwood project in Queensland. The property, covering 427 km2 is prospective
for gold, copper-gold and iron deposits. In January 2010, the Company entered
into an agreement with Eastern Iron Limited wherein that company can earn an 80%
interest in iron ore targets in the project area. To date Eastern Iron has
conducted several programs, including geophysical surveys and drilling.


For additional information you are invited to visit the Rugby Mining Limited
website at www.rugbymining.com.


RUGBY MINING LIMITED 

Paul Joyce, President and CEO 

CAUTIONARY STATEMENT 

Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the British Columbia,
Alberta and Ontario Securities Acts. This includes statements concerning the
Company's plans at its projects, which involve known and unknown risks,
uncertainties and other factors which may cause the actual results, performance
or achievements of the Company, or industry results, to be materially different
from any future results, performance or achievements expressed or implied by
such forward-looking information. Forward-looking information is subject to a
variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking information, including,
without limitation, the effect on prices of major mineral commodities such as
copper, gold and iron by factors beyond the control of the Company; events which
cannot be accurately predicted such as political and economic instability,
terrorism, environmental factors and changes in government regulations and
taxes; the shortage of personnel with the requisite knowledge and skills to
design and execute exploration programs; difficulties in arranging contracts for
drilling and other exploration services; the Company's dependency on equity
market financings to fund its exploration programs and maintain its mineral
exploration properties in good standing; political risk that a government will
change, interpret or enforce mineral tenure, environmental regulations, taxes or
mineral royalties in a manner that could have an adverse effect on the Company's
assets or financial condition and impair its ability to advance its mineral
exploration projects or raise further funds for exploration; risks associated
with title to resource properties due to the difficulties of determining the
validity of certain claims as well as the potential for problems arising from
the interpretation of laws regarding ownership of mineral properties in the
Philippines and in the sometimes ambiguous conveyancing characteristic of many
resource properties, currency risks associated with foreign operations, the
timing of obtaining permits to conduct exploration activities, the ability to
conclude agreements with local communities and other risks and uncertainties,
including those described in each of the Company's management discussion and
analysis including those contained in its year-end financial statements for the
year ended February 29, 2012 filed with the Canadian Securities Administrators
and available at www.sedar.com. 


In addition, forward-looking information is based on various assumptions
including, without limitation, assumptions associated with exploration results
and costs and the availability of materials and skilled labour. Should one or
more of these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those
described in forward-looking statements. Accordingly, readers are advised not to
place undue reliance on forward-looking information. Except as required under
applicable securities legislation, the Company undertakes no obligation to
publicly update or revise forward-looking information, whether as a result of
new information, future events or otherwise.
Rugby Resources (TSXV:RUG)
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