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Primero Extends Revolving Credit Facility in Connection With Proposed Business Combination

TORONTO, ON–(Marketwired – Jan 12, 2018) – Primero Mining Corp. (“Primero” or a “Company”)(TSX: P) currently announced that a Company has concluded to an prolongation of a revolving credit trickery (“RCF”) and a associated pledge supposing by Wheaton Precious Metals Corp., both formerly sappy on Jan 11, 2018, to a progressing of (i) Apr 30, 2018, (ii) a shutting of a business multiple with First Majestic Silver Corp. announced on Jan 12, 2018, and (iii) a seventh business day following stop of a due business combination.

About Primero

Primero Mining Corp. is a Canadian-based changed metals writer that owns 100% of a San Dimas gold-silver cave in Mexico.

Primero’s website is www.primeromining.com.

CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION

This news recover contains “forward-looking statements”, within a definition of germane United States and Canadian bonds legislation, concerning a business and operations of Primero Mining Corp. and a combined subsidiaries (collectively, “Primero” or a “Company”). All statements, other than statements of chronological fact, are forward-looking statements. Forward-looking statements in this news recover embody statements per a approaching prolongation of a Company’s revolving credit facility, a Company’s ability to continue negotiations surrounding a formerly announced vital examination routine and a probable divestiture of a San Dimas mine. The assumptions done by a Company in scheming a forward-looking information contained in this news release, that might infer to be incorrect, include, though are not singular to: a expectations and beliefs of management; a specific assumptions set onward above in this news release; that negotiations will continue per a Company’s vital examination process, or that negotiations will outcome in any fortitude excusable to all Primero stakeholders.

Forward-looking statements are theme to famous and opposite risks, uncertainties and other critical factors that might means a tangible results, opening or achievements of Primero to be materially opposite from those voiced or pragmatic by such forward-looking statements, including: a sell rate between a Canadian dollar and a United States dollar might change; a Company might not be means pull down, re-finance or extend a line of credit facility; a support to extend a credit trickery might not be timely completed; negotiations in tie with a vital routine might be interrupted or might mangle down and might not outcome in a fortitude that is excusable to all Primero stakeholders. Certain of these factors are discussed in larger fact in Primero’s registration matter on Form 40-F on record with a U.S. Securities and Exchange Commission, and a many new Annual Information Form on record with a Canadian provincial bonds regulatory authorities and accessible during www.sedar.com. Should one or some-more of these risks and uncertainties materialize, or should underlying assumptions infer incorrect, tangible formula might change materially from those described in forward-looking statements. In addition, nonetheless Primero has attempted to brand critical factors that could means tangible actions, events or formula to differ materially from those described in forward-looking statements, there might be other factors that means actions, events or formula not to be as anticipated, estimated or intended. There can be no declaration that such statements will infer to be accurate, as tangible formula and destiny events could differ materially from those expected in such statements. Accordingly, readers should not place undue faith on forward-looking statements.

Forward-looking statements are done as of a date hereof and accordingly are theme to change after such date. Forward-looking statements are supposing for a purpose of providing information about management’s stream expectations and skeleton and permitting investors and others to get a improved bargain of the handling environment. Primero does not commence to refurbish any forward-looking statements that are enclosed in this document, solely in suitability with germane bonds laws.

Attachment Available: http://www.marketwire.com/library/MwGo/2018/1/12/11G149380/PR1-18_RCF_Extension_5_Final-572514bbfb508bb1890748164aa52611.pdf

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