Black Panther Confirms Approval of Share Consolidation

News Release No: 13-06

Trading symbols: TSX-V: BPC Frankfurt: BP4

Black Panther Confirms Approval of Share Consolidation

West Vancouver, British Columbia – June 12, 2013 – Black Panther Mining Corp. (the “Company” or “Black Panther”) wishes to report that effective June 13, 2013, the Company has consolidated its capital on a 3 old common shares for 1 new common share basis (the “Consolidation”).

Management believes that the Consolidation is in the best interest of the Company and will allow the Company greater possibilities with respect to needed future financing. The Consolidation was approved by shareholders at the Company’s Annual General and Special Meeting held on May 23, 2013 and was accepted by the TSX Venture Exchange (the “Exchange”) by Bulletin dated June 12, 2013. Prior to the Consolidation, the Company had 30,470,785 common shares issued and outstanding and following the Consolidation there will be 10,156,928 common shares issued and outstanding. In connection with the Consolidation, the name of the Company has not changed and the Company’s trading symbol remains as “BPC”.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, or visit the Company’s website at www.blackpanthermining.com.

Black Panther Mining Corp.

“Douglas L. Mason”

_________________________________ Douglas L. Mason, Chief Executive Officer

Neither the 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