Tierra Grande Resources Inc. Extends Closing Date of Merger Agreement With Live Music Technology Platform VNUE, Inc.

April 30, 2015 8:00 AM EDT | Source: Tierra Grande Resources Inc.

West Perth, Western Australia--(Newsfile Corp. - April 30, 2015) - Tierra Grande Resources Inc.  (OTC Pink: TGRI) (the "Company") today announced that the Company and VNUE, Inc. have extended the closing date of the previous announced merger proposed between them from April 30, 2015 to May 31, 2015. The extension allows the parties additional time to complete due diligence and prepare documentation required to be filed with regulatory authorities upon consummation of the merger.

Said Matthew Carona, CEO of VNUE, Inc, “We are very pleased with the progress achieved to date by the executives and advisors for both parties and are looking forward to completing the merger in the near term."

About VNUE, Inc.

VNUE is a live music technology company and digital distribution network that brings artists, fans and the industry together by capturing live performances through an application based platform. The VNUE app is available for download on all iOS devices. Artists use VNUE's Front of House (FOH) iOS Application to easily record and upload audio of live performances for purchase by fans shortly following a show, while professional video can be available within 24 hours. By using the VNUE platform, artists create, market and distribute their shows while creating new revenue streams. Fans are able to connectwith their favorite performers in a new way, discover new performances and listen to and watch their shows on their mobile devices, computer or TV. To learn more about VNUE, visit www.vnue.com. Follow VNUE on Tumblr at vnueinc.tumblr.com or on Twitter @VNUEINC

About Tierra Grande Resources Inc.:

Tierra Grande Resources is an exploration stage company whose principal business is the acquisition and exploration of mineral resources. Information about the business of the company can be found in its filings with securities regulatory authorities.

Forward-looking Statements:

This press release may contain forwardlooking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forwardlooking statements by terminology including "could", "may", "will", "should", "expect", "plan", "anticipate", "believe", "estimate", "predict", "potential" and the negative of these terms or other comparable terminology. While these forwardlooking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company's reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.

For further information, please contact Mr. Andrew Gasmier, President, at +61 409 102 356.

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