Tamerlane Receives Letter from British Columbia Securities Commission ("BCSC") Regarding September 2013 NI 43-101 Technical R...

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Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX VENTURE:TAM)
announced today that, as a result of a review by the British Columbia Securities
Commission ("BCSC"), the Company is issuing this news release to clarify its
disclosure in its NI 43-101 technical report on the Company's Pine Point
property filed in September 2013. Based upon the BCSC's review, the mineral
resources and economic analysis contained in the September 2013 report are not
supported by a compliant NI 43-101 technical report, and the technical report
which was issued is deficient. The report should not be relied upon until the
deficiencies have been corrected, verified, and supported by an updated
technical report. Further, the BCSC has noted a number of technical disclosure
issues regarding information contained on the Company's web site. As a result of
the technical report deficiencies and web site disclosure issues, the BCSC has
placed the Company on its Issuers in Default list.


The Company is working to correct the technical deficiencies in the September
2013 NI 43-101 technical report and will re-issue the report when it is
completed. Consequently, readers should not rely on the information contained in
the September 2013 report. With respect to the corporate presentations and other
information posted on the Company's web site, the Company has made the
modifications necessary to comply with the BCSC's requirements. Readers are
further cautioned not to rely on the economic analyses of both the W-85 deposit
at Pine Point and the Los Pinos property in Peru which were included in
presentations removed from the web site and which were based upon historical
information.


As previously disclosed, the Company is currently operating under the Companies'
Creditors' Arrangement Act (Canada) ("CCAA"), and a process is underway to
restructure the Company. Concurrently with this restructuring, the Company will
be working to complete the revised NI 43-101 technical report in order to be
removed from the Issuers in Default list as soon as possible.


John L. Key, CEO

For further information on the Company's CCAA filing and the restructuring
process, readers are encouraged to contact:




the Monitor, Duff & Phelps Canada Restructuring Inc.                        
Bobby Kofman (416) 932-6228                                                 
                                                                            
or                                                                          
                                                                            
the Financial Advisor, PricewaterhouseCoopers Corporate Finance Inc.        
Stephen Mullowney (416) 687-8511                                            



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.


Caution Concerning Forward-Looking Information

This press release contains projections and forward-looking information within
the meaning of applicable securities laws that involve various risks and
uncertainties regarding future events including: (i) that Tamerlane will be able
to restructure its financial affairs; and (ii) the timing and duration of CCAA
protection. No assurance can be given that any of the events anticipated by the
forward-looking statements will occur as planned or at all, or, if they do
occur, what benefits the Company will obtain from them. These forward- looking
statements reflect management's current views and are based on certain
expectations, estimates and assumptions which may prove to be incorrect. Readers
are cautioned that the foregoing list of factors is not exhaustive. These and
all subsequent written and oral forward-looking information are based on
estimates and opinions of management on the dates they are made and expressly
qualified in their entirety by this notice. Except as required by law, the
Company assumes no obligation to update forward-looking information should
circumstances or management's estimates or opinions change.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tamerlane Ventures Inc.
Richard Meschke
Director Corporate Development and Legal
(360) 332-4636
(360) 332-5025 (FAX)
rmeschke@tamerlaneventures.com
www.tamerlaneventures.com
(TSXV:TAM)
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