Former President of Rio Tinto Business Unit and CFO of Kennecott Minerals joins Cambrian Minerals Group, Inc. as Senior V.P. Of Finance

NEW YORK, Sept. 10, 2015

"I am very pleased to announce that Tom had agreed to join our management team.  His successful career and experience in various capacities at one of the world's largest mining companies will certainly prove valuable as we establish Cambrian as a specialized mining house servicing the needs of junior and mid-sized mining firms.  His vast experience in finance, risk management and acquisitions will greatly enhance our efforts going forward to build long term royalty, metals streams and material feedstock contracts with our customers," said Bobby Cooper, CEO of Cambrian Minerals Group, Inc.

According to Sharon Ullman, Chairperson, "With the current dislocation of the mining sector, Cambrian is uniquely positioned to assist mid-sized mining firms with financing, processing and management expertise. I am pleased to welcome Tom to our growing team of highly experienced senior mining professionals."

"I am excited to join my former colleague Bobby to help enhance shareholder value.  I share Management's view of the tremendous opportunities that currently exist to service the needs of junior and mid-sized mining operations with the Company's unique business platform," said Tom Myatt, SVP of Finance.

Royalty and streaming arrangements are relatively new structures that have been successfully implemented by companies such as Royal Gold, Franco-Nevada and several others. These structures enable mine owners to obtain alternative financing in exchange for an interest in the form of a 'royalty' or a 'metals stream' contract. In addition to the opportunity to generate profit from each of these contracts, they also offer the added benefit of representing an opportunity for Cambrian Mineral Group to secure feed stock for processing.  

Mr. Myatt is an experienced CFO at the business unit level of a major international mining company, operating mines and junior mining companies with a strong background in financial evaluation for acquisitions/divestitures, capital investments, and process improvement initiatives.  Between 2003 and 2006 Mr. Myatt was President and General Manager, Rio Tinto Services Company, a Rio Tinto business unit providing accounting, treasury, information technology, benefit administrative, risk management, government affairs and public relations services to Rio Tinto's eight North American business units.  From 1998 to 2002 was Director of Finance at Kennecott Energy Company, a Rio Tinto business unit operating coal mines in the Powder River and Unita basins and the third largest coal mining company by volume in the United States. While at Kennecott Energy he served as the Director of Finance, Operations Controller, and Manager of Business Improvement. He also served on Rio Tinto's global purchasing team negotiating supply agreements.  Previously, Mr. Myatt was General Manager of Flambeau Mining Company, a Rio Tinto entity operating a copper/precious metal mine in northern Wisconsin and Chief Financial Officer of Kennecott Minerals, a Rio Tinto business unit operating five mid-size precious metal mines in the United States. Served as Rio Tinto's representative on joint venture management committees overseeing the Greens Creek, Cortez, and Denton-Rawhide mines. Earlier, he served as Chief Financial Officer of Kennecott Rawhide Mining Company, a Kennecott entity operating the Denton-Rawhide gold and silver mine in Nevada.  In 1986 and 1987, Mr. Myatt was Controller at Arizona Products Corporation, an agri-business company operating citrus and tomato packaging and processing facilities and managing over 10,000 acres of citrus orchards.  Earlier, was employed at Atlantic Richfield/Anaconda Copper where he held several positions of increasing responsibility including Manager Coal Planning for ARCO Coal Company, Administrative Manager at the Nevada Moly Mine, Manager Project Evaluation, and senior accountant.  

Mr. Myatt received his degree in Business Administration from the University of Iowa majoring in accounting and participated in Executive Leadership and Management programs at University of Michigan and Duke University