Donner Metals Copper Stream With Sandstorm Amended (ccnm)

MONTREAL, QUEBEC--(Marketwired - July 8, 2013) - Donner Metals Ltd. ("Donner" or the "Company") (TSX VENTURE:DON)(FRANKFURT:D4M) reports that it, Sandstorm Metals & Energy Ltd. ("Sandstorm") and an affiliate of Sandstorm have amended and restated the Metal Purchase Agreement dated as of July 12, 2011 and as further amended and restated as of November 1, 2012 among the Company, Sandstorm and the affiliate of Sandstorm (the "Metal Purchase Agreement") to, amongst others, waive the requirement for Donner to sell copper to Sandstorm Metals during the 2013 calendar year. This amendment has been made in order to better allow Donner to meet its working capital obligations that arise under the Development and Operating Agreement (the "Development Agreement") dated as of July 12, 2011 by and between Glencore Xstrata plc, formerly Xstrata Canada Corporation - Xstrata Zinc Canada Division and Donner.

The Company continues to actively pursue various alternatives encompassing potential financings in order to carry on with the development of its properties and to meet its obligations, including the Company's obligation to fund its share of ongoing monthly capital and operating cash calls for the Bracemac-McLeod mine (which will be offset by the proceeds of financing and ongoing revenues which have started in June) contained in the Development Agreement.

The Company also announces that its Board of Directors has initiated a process to identify, examine and consider a range of strategic alternatives available to the Company with a view to enhance value of all stakeholders. It is the Company's current intention not to disclose developments with respect to the process unless and until the Board of Directors has approved a specific transaction or otherwise determines that disclosure is necessary or appropriate.

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