Tyhee Gold Corp. announced that the previously announced Note Purchase Agreement with RMB Australia Holdings Limited has received regulatory approval from the TSX Venture Exchange, enabling the transaction to be completed. Under the terms of the Agreement, RMB Australia has provided the company with a $5 million loan, which has a six-month term and bears interest at 2% per month, all of which was paid on closing.

This successful closing represents another important step in support of Tyhee's previously announced plans to acquire Santa Fe Gold Corporation. Tyhee has agreed to lend Santa Fe $3 million to repay a portion of that company's accounts payable, with the first advance to be made on or before February 15, 2014. Tyhee will use a portion of the proceeds of the RMB Note to make the Bridge Loan advance.