Esperanza Shareholders Vote in Favour of Plan of Arrangement with Alamos Gold

VANCOUVER, BRITISH COLUMBIA -- (Marketwired - Aug 27, 2013) - Esperanza Resources Corp. (TSX VENTURE:EPZ) (OTCQX:ESPZF) ("Esperanza" or the "Company") is pleased to announce that its shareholders have voted today at Esperanza's special meeting of shareholders (the "Meeting") to approve the previously announced plan of arrangement with Alamos Gold Inc. (TSX:AGI) (NYSE:AGI) ("Alamos") whereby Alamos will acquire all of the issued and outstanding common shares of Esperanza (the "Arrangement").

The Arrangement was approved by 96.25% of the votes cast by shareholders of Esperanza at the Meeting.

Esperanza will apply for a final order of the Supreme Court of British Columbia approving the Arrangement. Subject to receipt of court approval, the Arrangement is expected to close on or about Friday, August 30, 2013.

Shareholders of Esperanza with questions regarding the deposit of shares to the Arrangement can contact Computershare Investor Services Inc. at 1-800-564-6253 (North American Toll Free), or at 1-514-982-7555 (Overseas) or by email at corporateactions@computershare.com.


About Esperanza

Esperanza is a precious metals exploration and development company focused on advancing its principal property, the wholly-owned Esperanza gold project (formerly referred to as the Cerro Jumil gold project) in Morelos State, Mexico.

Information regarding the Company and the Esperanza gold project is available on the Company's website at www.epzresources.com and under the Company's profile at SEDAR (www.sedar.com).


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.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the United States Securities Act of 1933 and applicable state securities laws or an exemption from such registration is available.


Forward-Looking Statements

Certain statements and information contained in this press release constitute "forward-looking statements" within the meaning of applicable U.S. securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws, which we refer to collectively as "forward-looking statements". The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action. All statements and information other than statements of historical fact may be forward-looking statements. In some cases, forward-looking statements can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking statements in this and other press releases include, but are not limited to statements and information regarding the receipt of the approval of the Supreme Court of British Columbia and the completion of the arrangement with Alamos Gold Inc. Such forward-looking statements are based on a number of material factors and assumptions and involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or industry results, to differ materially from those anticipated in such forward-looking information. You are cautioned not to place undue reliance on forward-looking statements contained in this press release. Some of the known risks and other factors which could cause actual results to differ materially from those expressed in the forward-looking statements are described in the section entitled "Risk Factors" in the Form 40-F of the Company, which is available at www.sec.gov, and the Annual Information Form of the Company which is filed on SEDAR at www.sedar.com. The Company undertakes no obligation to update or revise any forward-looking statements included in this press release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.



Contact

Esperanza Resources Corp.
Simon Venhuizen, Director, Investor Relations
604-336-8194 or Toll Free: 1-866-890-5509
simon@epzresources.com
www.epzresources.com