25 July 2014
Company Announcements Office
Australian Securities Exchange
20 Bridge Street
Sydney NSW 2000

SHARES ISSUED ON 24 APRIL 2014 - DILUTION


Further to the announcements made by Minera Gold Limited (ASX Code: MIZ) (Minera) on 24 April 2014
('Appendix 3B - Conversion of Convertible Loans - Tranche 2') and 7 July 2014 ('Shares Issued 24 April
2014 - Additional Information'), Minera Gold provides the following additional information in relation to the dilution effect of the shares issued on 23 April 2014 under Listing Rule 7.1A only (Conversion Issue):
1. The number of shares issued under the Conversion Issue was 60,821,577. This represented approximately 5.89% of the shares on issue at that time.
2. The percentage interest in the post-issue share capital of Minera held by:
(a) the pre-Conversion Issue shareholders was approximately 98.960%;
(b) those pre-Conversion Issue shareholders who didparticipate in the Conversion Issue was 12.437%;

(c) those pre-Conversion Issue shareholders who did notparticipate in the Conversion Issue was 86.522%; and

(d) those recipients who did not previously hold shares in Minera was 1.040%.
For more information on Minera Gold please visit our web site at www.mineragoldlimited.comor contact Mr Ashley Pattison, Managing Director and CEO at +61 8 9200 1860, or by email on admin@mineragoldlimited.com.
For and on behalf of the Board,

Ashley Pattison Managing Director and CEO
distributed by