Galena International provides Corporate Update and Changing its Name to Aurelius Minerals

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 21, 2016) - Galena International Resources Ltd. (TSX VENTURE:GTO) ("Galena" or "the Company") - The Company announces that it's changing its name to Aurelius Minerals Inc. and anticipates its shares will begin trading on the TSX Venture Exchange ("TSXV") under the new name and ticker symbol "AUL" effective January 9, 2017. In addition, the Company will adopt new articles (the "New Articles") of incorporation which include advanced notice provisions ("AN Provisions") effective January 9, 2017.

Advanced Notice Provisions

The AN Provisions include, among other things, a provision that requires advance notice be given to Galena in circumstances where nominations of persons for election to the Board of Directors are made by shareholders of Galena.

The AN Provisions set a deadline by which shareholders much submit nominations (a "Notice") for the election of directors to Galena prior to any annual or special meeting of shareholders. The AN Provisions also set forth the information that a shareholder must include in the Notice to Galena, and establish the form in which the shareholder must submit the Notice for that notice to be in proper written form.

In the case of an annual meeting of shareholders, a Notice must be provided to Galena not less than 30 days and not more than 65 days prior to the date of the annual meeting. However, in the event that the annual meeting is to be held on a date that is less than 50 days after the date of which the first public announcement of the date of the annual meeting was made, a Notice must be provided to Galena not later than the close of business on the 10^th day following such public announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), a Notice to Galena must be made not later than the close of business on the 15^th day following the day on which the first public announcement of the date of the special meeting was made.

Increase in Authorized Capital

The Company is also please to announce that it anticipates effective January 9, 2017, the Company's authorized capital will be increased to include an unlimited number of common shares, an unlimited number of preferred shares without par value.

The adoption of the New Articles was approved by the Company's shareholders at its annual and special general meeting held on November 9, 2016. A copy of the New Articles will be available under the Company's profile at www.sedar.com.

About Galena

Galena is a mineral exploration company, with a focus on gold within the prolific Abitibi Gold belt. The company will be considering additional acquisitions of advanced staged opportunities in proven mining districts. Galena has a sound management team with experience in all facets of the mineral exploration and mining industry.

GALENA INTERNATIONAL RESOURCES LTD.

Mark N. J. Ashcroft, President & CEO

Neither the 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.