Tribute Minerals Announces Name Change and 5:1 Share Consolidation

TRIBUTE MINERALS INC.

TRIBUTE MINERALS ANNOUNCES NAME CHANGE AND 5:1 SHARE CONSOLIDATION

DECEMBER 2, 2010 TSXV Symbol: TBM

Tribute Minerals Inc. (the “Company” or “Tribute”) (TSX-V: TBM) is pleased to announce that it has filed Articles of Amendment to change the name of the Company to AurCrest Gold Inc. and to consolidate the stock on the basis of 1 new share of AurCrest Gold Inc. for each 5 shares of Tribute held.

The common shares of the Company will trade on the TSX Venture Exchange under the symbol “AGO”. The Company will commence trading under the new name and symbol at the market open on Friday, December 3, 2010.

The new CUSIP for the Company’s post-consolidation common shares is 05153A101. Registered shareholders will receive a letter of transmittal to exchange their original common shares for post-consolidation common shares. Beneficial shareholders will have their accounts automatically adjusted.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tribute Minerals Inc.

Ian Brodie-Brown President and C.E.O.

(416) 368-2929 (416) 601-1450 (FAX)

[email protected] www.tributeminerals.com

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.