Superior Receives Shareholder and Regulatory Approval to Agreement on Mangalisa Project

January 18, 2013 TSX-V: SUI

NEWS RELEASE

SUPERIOR RECEIVES SHAREHOLDER AND REGULATORY APPROVAL TO AGREEMENT ON MANGALISA PROJECT

Vancouver, British Columbia: Superior Mining International Corporation, (the “Company”) is pleased to announce that further to its press release dated December 18, 2012, it has received the approval of the TSX Venture Exchange and the Company’s shareholders to the Earn-In Agreement with Ibhubesi Capital (Pty) Ltd. for the joint development of the Mangalisa Property. The Company is now working towards completion of the transaction.

On behalf of the Board of Directors of Superior Mining International Corporation

Brent Butler

President & Chief Executive Officer

For more information please contact:

Superior Mining International Corporation

Telephone: (604) 601-2005 Fax: (604) 488-0319

E-mail: [email protected]

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE INC. DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

Superior Mining International Corporation

1500 – 885 West Georgia Street, Vancouver, B.C., Canada, V6C 3E8 Tel: +1-604-601-2005 Fax: +1-604-488-0319 http://www.superiormining.com