Vancouver, British Columbia...Further to its press release of June 10, 2013, American Consolidated Minerals Corp. (the "Company") announces that it has extended the closing date for the Company's proposed private placement being conducted under the TSX Venture Exchange's "Temporary Relief Measures".

The Company expects to submit final documentation to the Exchange by September 15, 2013.

The private placement will be in the form of a Unit Offering whereby the Company proposes to issue approximately 16,666,666 Units priced at $0.03 per Unit for gross proceeds of $500,000. Each Unit will consist of one common share of the Company and one share purchase warrant (a "Warrant") with each Warrant entitling the holder to acquire an additional common share of the Company at $0.05 per share in year one, and $0.10 per share in year two.

American Consolidated is dedicated to the principles of environmentally sound mining practices and believes that environmental stewardship and mining can co-exist.

For details on the Company and its properties, visit the Company's website at www.americanconsolidatedminerals.com.

ON BEHALF OF THE BOARD:
Signed "Robert Sibthorpe"
Robert Sibthorpe, President, CEO & Director

For further information, please contact: Al Fabbro
Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935
Facsimile: 1-604-602-4936 / Website: www.americanconsolidatedminerals.com

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.

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