Mazorro Extends Expiry Date of Warrants

OTTAWA, ONTARIO--(Marketwired - Oct. 1, 2014) - Mazorro Resources Inc. (the "Company") (CSE:MZO)(FRANKFURT:JAM) announces that it intends to extend the expiry date of a total of 1,950,000 previously issued warrants by a one year period. The subject warrants were originally issued on October 3, 2012 and October 9, 2012. The original expiry dates were October 3, 2014 and October 9, 2014. The new expiry dates will be October 3, 2015 and October 9, 2015. These warrants continue to be exercisable at $0.20 per share.

In connection with this warrant expiry extension, the Canadian Securities Exchange ("CSE") has granted the Company an exemption from CSE Policy 7.4.1 (d) as less than 10 trading days remain before the original expiry dates of the warrants.

Forward-looking statements

Some statements in this release may contain forward-looking information. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets or markets for other commodities, inability of the Company to achieve its diversification strategy (including, without limitation, the proposed acquisition of GrowPros); failure to obtain sufficient financing, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and except as may be required by applicable securities laws; the Company disclaims any intent or obligation to update any forward-looking statement.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.