Armistice Announces Name Change to "Kerr Mines Inc.", Election of Directors and Appointment of Officers

TORONTO, ONTARIO--(Marketwired - Jan. 9, 2014) - Armistice Resources Corp. (TSX:AZ) (the "Company") is pleased to announce that it has changed the name of the Company to "Kerr Mines Inc.". Shareholders of the Company approved, among other things, the name change at the annual and special meeting of the Company held on December 19, 2013 (the "Meeting").

Effective at the opening of the market on or about January 15, 2014, the common shares of Kerr Mines Inc. will trade on the Toronto Stock Exchange under the symbol "KER".

The Company also reports that that at the Meeting all resolutions presented in the Information Circular and proxy were approved, which included the election of the Board of Directors. The Directors consist of Gregory Gibson, Christopher Irwin, Paul Bennett, Gregory Smith, George Cole and newly elected directors Stephen McIntyre and Claudio Ciavarella.

Immediately following the Meeting, the Board of Directors approved the appointment of the following individuals as officers of the Company:

• Gregory Gibson - President and Chief Executive Officer
• Stephen McIntyre - Chairman
• David Beilhartz - Vice-President, Exploration
• Andres Tinajero - Chief Financial Officer
• Tyler Culhane - Chief Operating Officer
• Lisa McCormack - Corporate Secretary

This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if commenced. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of gold; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; and the degree to which factors which would make a mineral deposit commercially viable are present; the risks and hazards associated with underground operations. Risks and uncertainties about Armistice Resources' business are more fully discussed in the company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. Armistice Resources assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.