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EON.V ·

Caerus Resource Appoints Tom Wharton Director

Management Changes

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NEWS RELEASE

September 14, 2012

Symbol: TSX – V: CA

Caerus Resource Appoints Tom Wharton Director

Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) is pleased to announce the appointment of Mr. Tom Wharton to the Board of Directors. Mr. Wharton brings over thirty years of business experience in the startup, development, operation, and financing of early stage companies and has served as CFO, CEO, or as a Board Member for various private and publicly traded companies. Mr. Wharton obtained a Bachelor’s degree in accounting from Creighton University in Omaha, NE. in 1983, and for the last two years has worked as a consultant for various exploration stage junior mining companies and investment funds focused on junior mining as well as oil & gas investment opportunities.

Ms. Blanca Stella Frias, President and Chief Executive Officer of Caerus, states “We are pleased to welcome Tom to the Board of Directors. His demonstrated knowledge and hands-on experience in the operation and financing of early stage companies will be a valuable asset as we move towards the development of the El Cafetal Gold Project and the Buritica West Gold Project.”

On Behalf of the Board of Directors of Caerus Resource Corporation.

Blanca Stella Frias, President and Chief Executive Officer

For further information:

Contact Ken A. Sadowski at 604-218-2716 or email: [email protected].

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.

Tel: 604-218-2716

837 Hastings Street West, Suite 408 Vancouver, BC, Canada V6C 3N6 www.caerus-resource.com Symbol: TSX-V: CA The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.