Sun Valley Investments AG has commenced a public offer to purchase common shares of Mineros S.A. at a price of 4,600 Colombian pesos per Common Share, equivalent to approximately CAD $1.58. Sun Valley will acquire a minimum of 14,986,870 Common Shares and a maximum of 26,976,366 Common Shares through the facilities of the Colombia Securities Exchange. Sun Valley currently beneficially owns 92,477,823 Common Shares, representing 30.85% of the issued and outstanding Common Shares.