GIR Lamelee Iron Ore Ltd.

Not for release or distribution in the United States or for dissemination to US
Newswire Services. 


Gimus Resources Inc. ("Gimus" or the "Corporation") (TSX VENTURE:GIR) announces
that, further to its news releases dated October 10, 2013, it has closed an
oversubscribed non-brokered private placement consisting of 3,075,000 units of
the Corporation at a price of $0.10 per units for gross proceeds of $307,500,
each unit being comprised of one (1) common share of the Corporation (a "Share")
and one half of one (1/2) Share purchase warrant, each full warrant entitling
the holder to acquire one (1) additional Share at a price of $0.15 for a period
of thirty-six (36) months following its issuance. 


Securities acquired by the places are subject to a hold period until March 1,
2013, in accordance with applicable securities legislation. The proceeds of this
offering will be used to settled the Corporation current obligations and the
costs of the proposed reverse takeover announced in the Corporation September
16, 2013 press release.


Insiders of the Corporation participated in this private placement, having
purchased 400,000 units, constituting related party transactions pursuant to TSX
Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 - Protection of
Minority Security Holders in Special Transactions ("MI 61-101"). The Corporation
relied on exemptions from the formal valuation and minority shareholder approval
requirements provided under sections 5.5(a) and 5.7(a) of Multilateral
Instrument 61-101 on the basis that participation in the private placement by
insiders did not exceed 25% of the fair market value of the Corporation's market
capitalization.


Closing of the private placement is subject to receipt of the TSX Venture
Exchange's final approval.


About Gimus Resources Inc. 

Gimus is a mineral exploration company the common shares of which are listed for
trading on the TSX-V under the symbol "GIR". Gimus currently has 16,179,000
common shares outstanding and has reserved for issuance 750,000 additional
common shares pursuant to stock options and 1,763,820 common shares pursuant to
warrants and compensation options. 


Information set forth in this news release contains forward-looking statements
that are based on assumptions as of the date of this news release. These
statements reflect management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. Gimus cautions that
all forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are
beyond Gimus' control. Such factors include, among other things: risks and
uncertainties relating to Gimus' ability to complete the sale of any securities
under the offerings and to obtain TSX Venture Exchange approval of the
offerings. Except as required under applicable securities legislation, Gimus
undertakes no obligation to publicly update or revise forward-looking
information.


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


FOR FURTHER INFORMATION PLEASE CONTACT: 
Gimus Resources Inc.
Guy Girard
President and CEO
+1 514 923 9842

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