Mukuba Resources Limited to Commence Trading on NEX

Toronto, Ontario--(Newsfile Corp. - May 27, 2014) - Mukuba Resources Limited (TSXV: MKU) ("Mukuba" or the "Company") reports that the Company will commence trading on the NEX effective as of the market opening on Wednesday, May 28, 2014.

Effective May 28, 2014, the Company's trading symbol will change from MKU to MKU.H.

The Company has received notice from the TSX Venture Exchange that the Company had a Tier 1 Continued Listing Requirements Deficiency in relation to its assets and operations for a company classified as a Mining Issuer. The Company has been actively searching for opportunities and synergies with interested parties and has been engaged in advanced discussions to create a value enhancing transaction. Unfortunately an agreement has not been reached by the Exchange's deadline of 26 May 2014. As a result, its listing has been transferred to NEX.

Mukuba is continuing to review a number of projects in the resource sector and remains committed to concluding a transaction in the best interest of our shareholders, at which time the Company will apply for relisting on the TSX Venture Exchange.

On behalf of the Board of Directors,

Ben Smit
President and CEO

Securities regulators encourage companies to disclose forward-looking information to help investors understand a company's future prospects. This press release contains statements about our future business and planned activities. These are "forward-looking" because we have used what we know and expect today to make a statement about the future. Forward-looking statements usually include words such as may, intend, plan, expect, anticipate, believe or other similar words. We believe the expectations reflected in these forward-looking statements are reasonable. However, actual events and results could be substantially different because of the risks and uncertainties associated with our business or events that happen after the date of this press release. You should not place undue reliance on forward-looking statements. As a general policy, we do not update forward-looking statements except as required by securities laws and regulations.

The TSX Venture Exchange ("TSXV") has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved of the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.

Contact Information:
Mukuba Resources Limited
Ben Smit
President and CEO
+1 (416) 368 4013
+1 (416) 775 1002 (FAX)
info@mukubaresources.com