Timmins Gold and Newstrike Capital Shareholders Approve the Acquisition of Newstrike Capital by Timmins Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 30, 2015) - Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) (the "Company") is pleased to announce that the acquisition of Newstrike Capital Inc. by the Company pursuant to a plan of arrangement (the "Arrangement"), received overwhelming approval by the shareholders of each company at their respective shareholder meetings held today.

At the Company's annual general and special meeting (the "Meeting"), approximately 92% of the votes cast by Timmins Gold shareholders were in favour of the issuance of Timmins Gold shares in connection with the Arrangement. Under the terms of the Arrangement, each Newstrike Shareholder will receive 0.90 of a Timmins Share and one one-hundredth of one cent ($0.0001) per Newstrike Share. Additional information on the results of the Meeting will be filed on the Sedar website at www.sedar.com.

The Arrangement is expected to be completed in May 2015, subject to court approval, and the satisfaction of certain other customary closing conditions, including the receipt of approval from the Mexican Federal Economic Competition Commission.

Detailed results of the votes cast for the election of directors are set out below:

At the Meeting, Timmins Gold shareholders also re-appointed Deloitte LLP, Chartered Accountants as auditors of the Company, with 115,885,583 votes cast in favour.

Bruce Bragagnolo, CEO of Timmins Gold Corp., stated, "We are very grateful for the support our shareholders have shown in approving the Newstrike transaction and will continue to focus on delivering value for all of our shareholders."

About Timmins Gold

Timmins Gold has a proven track record of delivering growth and value creation for its investors and is poised to become an emerging intermediate, Mexican-focused gold producer with a portfolio of high-quality production and growth assets all based in Mexico. The Company owns and operates the San Francisco open pit, heap leach gold mine in Sonora which provides a solid base of operations, allowing the Company to develop two economically robust growth projects with manageable capital requirements, the recently acquired Caballo Blanco gold project as well as the Ana Paula gold project, which the Company will acquire if the Arrangement with Newstrike Capital is completed.

Neither the TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) nor the New York Stock Exchange MKT accepts responsibility for the adequacy or accuracy of this news release.

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