AuRico Metals acquires Pacific Ridge Exploration

TORONTO —AuRico Metals Inc., a wholly owned subsidiary of Centerra Gold Inc., has acquired Pacific Ridge Exploration Ltd.

On May 19, AuRico acquired 16,996,099 shares as consideration for the sale by AuRico of a 100 per cent interest in the Kliyul and Redton copper-gold porphyry projects to the Issuer pursuant to a property purchase agreement dated May 10 between AuRico and the issuer. The transaction, including the share consideration, was disclosed by the issuer via press release on May 10. Immediately prior to the transaction, AuRico did not hold any shares and immediately following the transaction, AuRico held 16,996,099 Shares, representing approximately 13.6 per cent of the issued and outstanding shares on a non-diluted basis. As of the date hereof, AuRico holds 16,996,099 shares.