U.S. Markets closed

Tamerlane Files Financial Results for Year 2012

BLAINE, WASHINGTON--(Marketwired - April 30, 2013) - Tamerlane Ventures Inc. ("Tamerlane" or the "Company") (TSX VENTURE:TAM) is pleased to announce the filing of its annual audited financial statements and management's discussion & analysis ("MD&A") for the Company's financial year ended December 31, 2012, as required by National Instrument 51-102 - Continuous Disclosure Obligations.

Tamerlane's complete financial statements and MD&A for the year ended December 31, 2012 are available for viewing on the Company's website at www.tamerlaneventures.com and on SEDAR at www.sedar.com.

The Company also announced today that the Annual General Meeting of Shareholders will take place at 11:00 a.m., on June 27, 2013. The meeting will be held at the Vancouver Club, located at 915 West Hastings Street, Vancouver, British Columbia. All shareholders of the Company are invited to attend.

The Company also announced the granting of 850,000 stock options to employees of Tamerlane, including the grant of 750,000 options to an officer of the Company. The stock options are exercisable into common shares of Tamerlane at an exercise price of C$0.10 per share, the minimum allowable price of the TSX Venture Exchange for the granting of incentive stock options, for a period of five years.

About Tamerlane Ventures Inc.

Tamerlane Ventures Inc. is an exploration and development mining company with advanced base metal development projects in Canada and Peru. The Company's immediate focus is bringing the 100%-owned Pine Point Project to production. The Company is currently in the financing phase and expects to commence construction following financing. Tamerlane plans to sell the well-known, Pine Point concentrates to various smelting facilities around the world.

John L. Key, CEO

Caution Concerning Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. We use words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "estimate" and similar terminology to identify forward-looking information. It is based on assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions and its expectations of future developments as well as other factors which it believes to be reasonable and relevant. Forward- looking information involves known and unknown risks, uncertainties and other factors that may cause our actual results to differ materially from those expressed or implied in the forward-looking statements and, accordingly, readers should not place undue reliance on those statements. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of reserve and resource estimates; operational and technical difficulties; the availability to the Company of suitable financing alternatives; fluctuations in zinc, lead and other resource prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks arising from our activities; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com.