AQM Copper Announces Adoption of Advance Notice Policy

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/17/13 -- AQM Copper Inc. (TSX VENTURE: AQM)(BVL: AQM) ("AQM Copper" or the "Company") today announced that its board of directors (the "Board") has adopted a policy which introduces an advance notice requirement in connection with shareholders intending to nominate directors in certain circumstances (the "Policy").

In particular, the Policy sets forth a procedure requiring advance notice to the Company by any shareholder who intends to nominate any person for election as director of the Company at any annual meeting of shareholders or any special meeting of shareholders, if one of the purposes for which the special meeting was called was the election of directors (a) by or at the direction of the Board; (b) a requisition of a meeting made pursuant to the provisions of the British Columbia Business Corporations Act (the "Act"), or (c) a shareholder nomination made pursuant to the provisions of the Policy. Among other things, the Policy sets a deadline by which such shareholders must notify the Company in writing of an intention to nominate directors prior to any meeting of shareholders at which directors are to be elected and set forth the information that the shareholder must include in the notice for it to be valid.

The Board believes that the Policy provides a clear and transparent process for all shareholders to follow if they intend to nominate directors. In that regard, the Policy provides a reasonable time frame for shareholders to notify the Company of their intention to nominate directors and require shareholders to disclose information concerning the proposed nominees that is mandated by applicable securities laws. The Board will be able to evaluate the proposed nominees' qualifications and suitability as directors and respond as appropriate in the best interests of the Company. The Policy is also intended to facilitate an orderly and efficient meeting process.

In the case of an annual meeting of shareholders, notice to the Company must be made not less than 30 and not more than 65 days prior to the date of the annual meeting; provided, however, that in the event that the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting was made, notice may be made not later than the close of business on the 10th day following such public announcement.

In the case of a special meeting of shareholders (which is not also an annual meeting), notice to the Company must be made not later than the close of business on the 15th day following the day on which the first public announcement of the date of the special meeting was made.

The Policy is effective immediately and will be placed before shareholders for ratification at the upcoming annual meeting of shareholders of the Company (the "Meeting") on June 26, 2013. A copy of the Policy has been filed under the Company's profile at www.sedar.com.

The Policy is in effect until it is confirmed, confirmed as amended or rejected by shareholders at the Meeting and, if the Policy is confirmed at the Meeting, it will continue in effect in the form in which they were so confirmed.

ON BEHALF OF THE BOARD OF DIRECTORS

Bruce Turner, President and CEO

ABOUT AQM Copper: AQM Copper Inc. is a Canadian based mineral exploration company exploring and developing copper deposits in South America. Through its wholly owned Peruvian subsidiary, Minera AQM Copper Peru S.A.C., the Company is developing the Zafranal Copper-Gold Porphyry Project located in Southern Peru. Minera AQM Copper Peru S.A.C. is the operator of a 50/50 Joint Venture with Teck Resources Limited through a sole purpose Peruvian company formed for Zafranal as announced in its press release on July 8, 2010. The Zafranal Project has NI 43-101 compliant measured and indicated resources of 510.7 million tonnes grading 0.36% copper and 0.07 grams per tonne gold. Management and directors have extensive experience working for the world's largest mining copper producers. Please refer to the Company's website at www.aqmcopper.com, for further information regarding the Company and its projects.

Except for statements of historical fact relating to AQM Copper Inc., certain information contained herein constitutes "forward-looking statements". Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as "expects", "anticipates", "plans", "believes", "considers", "intends", "targets", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". We provide forward-looking statements for the purpose of conveying information about our current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in AQM Copper Inc's public filings, which may be accessed at www.sedar.com. Other than as specifically required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.

NEITHER THE 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 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

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