Cyprium Mining Calls Special Debenture Holders Meeting for September 21, 2016

Montreal, Quebec – (August 31st, 2016) Cyprium Mining Corporation (“Cyprium” or the “Company”) (TSX-V: CUG) is pleased to announce that it has called a special meeting of certain debenture holders for September 21st, 2016 (the “Meeting”). The Corporation was authorized under a debenture indenture dated February 28, 2014 (the “Indenture“) to issue up to $750,000 in principal amount of unsecured, non-convertible debentures bearing interest at 12% per annum and maturing on February 28th, 2017 (the “Debentures”). A total of $750,000 in principal amount of Debentures were issued and outstanding as at the close of business on August 22, 2016 (the “Record Date”). The Debentures are entitled to be voted at the Meeting on the basis of one vote for each one dollar of principal amount of each Debenture and the holders of Debentures of record at the close on the Record Date, are entitled to vote such Debentures at the Meeting.

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