TD Canada Trust Tower

TD Canada Trust Tower 161 Bay St., 27th Floor Toronto, ON. M5J 2S1 Tel : 888 909-5548 Fax : 888 909-1033

TSX Venture SYMBOL: BRR (www.brrgold.com)

Britannica Closes First Trance Of Private Placement

August 19, 2013, Britannica Resources Corp. (BRR – TSX Venture) (The “Company”) announces it has closed a first-tranche of its non-brokered private placement financing previously announced on August 2, 2013, for gross proceeds of $642,400.00. A second closing is expected to take place shortly.

The Company has issued 12,848,000 units at a price of $0.05 per unit for gross proceeds of $642,400.00 Each unit consists of one common share (the “Common Share”) and one common share purchase warrant (the “Warrant”). Each Warrant will entitle the holder to purchase one additional Common Share in the capital of the Company at a price of $0.10, for a period of 24 months following the closing of the Offering (the “Closing”).

The Company has paid $28,440.00 cash in commissions on the private placement, along with 568,800 non-transferable finder’s warrants, each entitling its holder to acquire one common share at $0.10 for a 24-month period after closing of the financing.

All securities issued above are subject to a hold period expiring on December 14, 2013, being four months and one day after closing of the First Tranche. Proceeds of the private placement will be used for work on the Company’s Days Chapel Project and for general working capital.

The Private Placement is subject to TSX Venture Exchange final acceptance.

ON BEHALF OF THE BOARD

“Jeffrey Cocks”

Jeffrey Cocks

President

FOR FURTHER INFORMATION PLEASE CONTACT: Britannica Resources Corp.

(TEL)- (888) 909-5548, (FAX)-(888) 909-1033 Email: [email protected] Website: www.brrgold.com

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.