Advanced Primary Minerals Corporation
TSX VENTURE : APD

Advanced Primary Minerals Corporation

December 14, 2009 10:01 ET

Advanced Primary Minerals Corporation: Share Consolidation

HALIFAX, NOVA SCOTIA--(Marketwire - Dec. 14, 2009) - Advanced Primary Minerals Corporation (the "Corporation") (TSX VENTURE:APD) is pleased to announce that at a special meeting of shareholders held on December 8, 2009 (the "Meeting"), shareholders passed a special resolution to approve a consolidation of the Corporation's common shares on the basis of one (1) post-consolidation share for up to every seven (7) pre-consolidation shares as the directors may determine. The board of directors of the Corporation has determined it to be in the best interest of the Corporation to effect the consolidation on the basis of one (1) post-consolidation share for every seven (7) pre-consolidation shares. Outstanding options and warrants will be adjusted on the basis of the same ratio. As at the date of the Meeting, the Corporation had 117,667,382 common shares issued and outstanding. Following consolidation, there are 16,809,626 common shares issued and outstanding. The consolidation is effective for trading purposes on the TSX Venture Exchange as of December 14, 2009.

Letters of transmittal with respect to the consolidation will be mailed to all of the Corporation's registered shareholders shortly. All registered shareholders will be required to send the certificates representing their pre-consolidated common shares, along with a properly executed letter of transmittal, to the Corporation's registrar and transfer agent, Computershare Investor Services Inc. all in accordance with the instructions provided in the letter of transmittal. Additional copies of the letter of transmittal can be obtained through Computershare at 1-800-564-6253. All shareholders who submit a duly completed letter of transmittal along with their respective pre-consolidated share certificates to Computershare will receive a post-consolidated share certificate.

Further details of the consolidation are contained in the Corporation's Management Information Circular dated November 9, 2009 which has been filed and is available on SEDAR. Under the Corporation's profile.

For additional information visit APM's website at www.advminerals.com or contact the company via email at info@advminerals.com.

Neither 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.

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