Donner Metals Ltd.: Bracemac-McLeod Interest

Donner Metals Ltd. ("Donner" or the "Company") (TSX VENTURE:DON)(FRANKFURT:D4M)
(reports that, on August 12, 2013, it failed to make a cash call in the amount
of $4.3 million under the Development and Operating Agreement (the "Development
Agreement") dated as of July 12, 2011 by and between Glencore Xstrata plc,
formerly Xstrata Canada Corporation - Xstrata Zinc Canada Division ("Glencore")
and Donner.


Should Donner fail to remedy this situation within thirty days, it shall be in
default under the Development Agreement (unless it remedies such failure within
a twenty-day curative period following the receipt of a notice to that effect
from Glencore).


Failure by Donner to meet its obligations under the Development Agreement will
result in Glencore having the right to recoup any shortfall from Donner's
portion of the proceeds of mine production. Should Donner's portion of the
proceeds of mine production be insufficient to do so, Glencore may elect to buy
the Company's interest at fair market value or to forgive the amount owing and
convert the Company's interest in the Bracemac-McLeod mine to a 2% NSR royalty,
of which a 1% NSR royalty can be purchased by Glencore for $1 million.


Donner continues to actively pursue various strategic alternatives encompassing
potential financings in order to carry on with the development of its properties
and to meet its various obligations, including the Company's obligation to fund
its share of ongoing monthly capital and operating cash calls for the
Bracemac-McLeod mine under the Development Agreement.


Donner cautions that there can be no assurance that funding will be available
for the Company or, if available, that it will be available on terms which are
acceptable to the Company. The availability of external financing depends on
many factors outside of Donner's control, including capital market conditions
and the overall performance of the economy.


Forward-Looking Information 

This news release contains forward-looking information within the meaning of
applicable Canadian securities laws. All information other than historical fact
is forward-looking information. Forward-looking information relates to future
events or future performance and is based on Donner's current internal
expectations, estimates, projections, assumptions and beliefs. Forward-looking
information is often, but not always, identified by the use of words such as
"expect", "project", "proposed", "intend", "seek", "anticipate", "budget",
"plan", "continue", "estimate", "forecast", "may", "will", "predict",
"potential", "targeting", "could", "might", "should", "believe" and similar
expressions.


Although management considers the assumptions and estimates, reflected in
forward-looking information, to be reasonable, based on information currently
available, there can be no assurance that such information will prove to be
correct. As a consequence, actual results may differ materially from those
anticipated.


In particular, this news release contains forward-looking information relating
to, but not limited to, the Development Agreement and to possible financing
transactions which may arise.


Undue reliance should not be placed on forward-looking information which is
inherently uncertain, and subject to known and unknown risks and uncertainties
(both general and specific) and other factors that contribute to the possibility
that the future events or circumstances contemplated by the forward looking
information will not occur or that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking information. These risks
include, but are not limited to risks associated with general economic
conditions, the actual results of current exploration activities, conclusions of
economic evaluations, changes in project parameters as plans continue to be
refined, future metal prices, the Metal Purchase Agreement and the Development
Agreement, financial risks, substantial capital requirements, including future
cash calls under the Development Agreement, and the Company's announcement of
its review of strategic alternatives, including uncertainty arising from the
announcement, and uncertainty regarding whether any transaction will occur.
Further information regarding certain of these risks (as well as risks relating
generally to the Company's business) may be found under the heading "Financial
risk factors" in the Company's Management's Discussion & Analysis. Readers are
cautioned that the foregoing list of factors that may affect future results is
not exhaustive. The forward-looking statements contained in this news release
are made as of the date hereof and Donner does not undertake any obligation to
update publicly or to revise any of the included forward-looking statements,
except as required by applicable law. The forward-looking statements contained
herein are expressly qualified by this cautionary statement.


Neither the TSX Venture Exchange nor its Regulation Service Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Donner Metals Ltd.
Andrea Magee
Director of Corporate Communications
604.683.0564
donner@bed-rock.com
www.donnermetals.com
(TSXV:DON)
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