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VANCOUVER, British Columbia (Business Wire) -- SACRE-COEUR MINERALS, LTD. (the "Company") is pleased to announce
the closing of the first tranche of a brokered offering originally
announced on September 5, 2012, which has raised gross proceeds of
$658,440 through Canaccord Genuity Corp. (the "Agent"). Under the terms
of the brokered offering, the Company has issued 5,487,000 units of the
Company (the "Units") at $0.12 per Unit. The total gross proceeds raised
include gross proceeds raised pursuant to the partial exercise of the
over-allotment option granted to the Agent.




Each Unit consists of one common share of the Company and one-half of
one share purchase warrant (each whole such warrant, a "Warrant"). Each
whole Warrant entitles the holder to purchase one additional common
share of the Company at an exercise price of $0.18 until October 5, 2014.




The Company paid the Agent a cash fee of $52,675.20, representing 8% of
the gross proceeds raised through the brokered offering, and issued
548,700 warrants to the Agent (the "Agent's Warrants") representing 10%
of the Units sold. Each Agent's Warrant entitles the holder to purchase
one common share of the Company at an exercise price of $0.12 until
October 5, 2014. In addition, the Company issued 219,480 Units as a
corporate finance fee to the Agent.




The Units and the Agent's Warrants are subject to a 4-month hold period
in Canada expiring on February 6, 2013.




Proceeds from the private placement will be utilized for working capital
for general corporate purposes.




About Sacre-Coeur




The Company is engaged in the acquisition, exploration, development, and
production of properties for gold, metals and diamonds in South America,
initially focussing on exploration and production of gold from its
properties in Guyana. The Company presently holds 100% interest in
approximately 850 sq. km of mineral properties in Guyana, including the
Million Mountain Property which hosts an NI 43-101 compliant hard-rock
resource of 12,119,285 tonnes grading 1.0 g/t Au Measured, and 2,175,278
tonnes grading 0.9 g/t Au Indicated for a total 451,000 tr oz Au
combined. The Company has offices in Vancouver, Canada and Georgetown,
Guyana.




ON BEHALF OF THE BOARD OF DIRECTORS OFSACRE-COEUR
MINERALS, LTD.




"Gregory B. Sparks"Gregory B.
Sparks, P. Eng.




President & CEO




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