Cerro Resources NL: Cerro Securityholders Approve Transaction With Primero

April 30 11:00 2013

LONGUEUIL, QUEBEC — (Marketwired) — 04/30/13 — Cerro Resources NL (ASX: CJO)(TSX VENTURE: CJO) is pleased to announce that at Meetings held today in Australia, eligible Shareholders and optionholders (Securityholders) voted to approve the resolutions put at those Meetings to the proposed transaction (Transaction) with Primero Mining Corp (Primero) to effect:

The Company is pleased to confirm that resolutions put to the Securityholders to approve the Transaction were passed by the requisite majorities, specifically:

The resolution at the General Meeting was passed by the requisite majorities of Shareholders, with:

The resolution at the Share Scheme Meeting was passed by the requisite majorities of Shareholders, with:

The resolution at the Option Scheme Meeting was passed by the requisite majorities of Optionholders, with:

Poll Results for the General Meeting, Share Scheme Meeting and Option Scheme Meeting follow:

General Meeting

Share Scheme Meeting

Option Scheme Meeting

The Second Court Hearing to approve the Transaction is scheduled for 8 May 2013 at the Federal Court of Australia in Brisbane (Court). If the Court approves the Transaction, Cerro anticipates the following dates for closing of the Transaction:

Please note, this timetable and the dates noted are indicative only, are subject to change and among other things, are subject to all necessary approvals being obtained. Cerro may vary any of these times and dates without directly notifying Cerro Shareholders and Cerro Optionholders. Any further changes to the timetable will, however, be announced through the ASX, TSXV and notified on Cerro-s website at .

All times and dates referred to are times and dates in Brisbane, Australia, unless otherwise indicated.

ABN: 72 006 381 684

Contacts:
Cerro Resources NL
Tony McDonald
Managing Director & CEO
+61 7 3221 7501

Cerro Resources NL
Craig McPherson
CFO & Company Secretary
+61 7 3221 7501

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