Nortec and Finore Mining Inc. amend Option Agreement with Finore earning 70% interest in the Lk (Lantinen Koillismaa) Project, North Central Finland

(via Thenewswire.ca)

Vancouver, B.C., September 11, 2012: Further to the press release dated September 6, 2011, Nortec Minerals Corp. (TSX-V: NVT), ("Nortec" or the "Company") announces that both Finore Mining Inc. ("Finore") (CNSX: FIN) and Nortec have negotiated an Amendment to the Option Agreement ("Amended Agreement") on the Lantinen Koillismaa ("LK") Project, previously announced by the Company on August 30, 2011.

Under the terms of the Amended Agreement Finore earns 70% interest in the LK project by completing the following:

-Issuing an additional 27 million (27,000,000) common shares to Nortec within 3 business days of completing the required filings with the Canadian National Stock Exchange (the "CNSX") for the issuance of such common shares.

-Paying in full by Finore any amounts owed to third parties, whether incurred directly or indirectly on account of the exploration work on the LK Project on behalf of Finore.

-Granting Nortec the right to nominate two persons for appointment or election to Finore's Board of Directors.

The issuance of the 27 million common shares will bring Nortec's share holdings in Finore to 30,227,208 common shares representing 45% of Finore's issued and outstanding common shares.

Finore has also agreed that upon earning the 70% Interest it shall use its best efforts to raise new funding of EUR 2,500,000 Euros as soon as possible for on-going exploration programs on the Property. The EUR 2,500,000 Euros is required to be spent prior to the formation of a joint venture.

Under the original agreement Finore had the right to earn up to 80% interest in two stages comprises as follows:

-an initial 49% interest in the LK Project by: a) making payments totalling $4.5 million in cash to Nortec; b) issuing the equivalent of $2 million in shares of Finore; and, c) spending $5 million on exploration within 24 months, including a minimum of $2 million in the first 12 months.

-earn the remaining 31% interest by: a) making a payment of $3 million in cash to Nortec on or before the 3 year anniversary from the Effective Date; b) issuing the equivalent of $1 million in shares of Finore to Nortec; and, c) spending a further $5 million on exploration on the LK Project.

About LK Project

The LK Project, a 100 % owned palladium-platinum-gold-copper-nickel (PGE+Au-Cu-Ni) property located in north central Finland. The LK project comprises of the following target areas (exploration claims and exploration claim applications): Kaukua, Haukiaho, Haukiaho East, Lipeavaara and Murtolampi targets.

Diamond core drilling to date carried out by Finore defined areas for higher grade potential resources amenable for Open-pit development at both Haukiaho and Kaukua targets. These areas will be followed up with systematic drilling. The new funding will be assigned to this drilling. The Lipeavaara and Murtolampi targets will also be tested with drilling.

The Haukiaho Target consists of three mineralized faulted blocks named from West to West Torkoaho Zone, Torkoaho Zone and the Haukiaho-Melarame Zone. The results from drilling to date returned significant assays in PGE, Au, Cu and Ni.

The Torkoaho Zone appears to thicken and flatten to the East. Only three drill holes Hau11-10, Hau11-18 and the GTK (Geological Survey of Finland) drill hole R386 were drilled over a strike distance of 400 metres. These drill holes returned significant higher grades.

Hole Hau11-010: 25.0 metres @ 0.72g/t PGE+Au; 0.23% Cu; 0.18% Ni from 66m

Hole Hau12-018: 26.0 metres @ 1.01g/t PGE+Au; 0.33% Cu; 0.26% Ni from 104m

and 31.6 metres @ 1.04g/t PGE+Au; 0.34% Cu; 0.22% Ni from 134m

Hole R-386: 46.65 metres @ 0.88g/t PGE+Au; 0.30% Cu; 0.20% Ni from 36.05 metres

Systematic drilling will be carried out along strike from these holes over an area of minimum 650 metres by 400 metres. This will determine the continuity of mineralization on the Torkoaho Zone for grade and shallow resources amenable for open-pit development.

The West Torkoaho Zone was identified by drilling on the western margins of the main Torkoaho Zone (Hau11-16). Hau11-16 returned 30 metres grading 1.04g/t PGE+Au, 0.30% Cu and 0.20% Ni including 16.3 metres of 1.45g/t PGE+Au, 0.42% Cu and 0.28% Ni. The drill holes Hau11-16 and Hau11-17 penetrated the West Torkohao faulted block from the basement contact of the main Torkoaho Zone. This West Torkoaho Zone will be drilled to the west to determine the size, continuity and potential.

Shallow up-dip drilling will also be performed on the Haukiaho-Melarame Zone.

Results from Kaukua drilling are being interpreted and evaluated to calculate higher grade resources and to plan further drilling to define shallower resources. Assays from several drill holes from Kaukua are pending.

About Nortec Minerals Corp.

Nortec is a mineral exploration and development company based in Vancouver, British Columbia. The Company has a 100% interest in the Tammela Gold & Lithium Project in South-West Finland; an option to earn from Akkerman Exploration B.V., a 100% interest in the Seinajoki Gold Property and Kaatiala Beryllium-Rare Earth Property in Western Finland; an undivided 80% interest in the Karhujupukka Property in Northern Finland. The Company has a minimum 51% interest with an option to earn 100% interest in the TL Nickel-Copper-Cobalt Property in Northern Labrador, Canada; and, an option to acquire 51% interest in the Ganarin Gold-Silver Property, Ecuador. Information on the Company's projects can be referred to on www.nortecminerals.com

The Company is well-financed for exploring the Seinajoki, Tammela and Kahujupukka projects. All three projects have excellent potential with good infrastructure and access.

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 |On behalf of the Board of Directors,|
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 |NORTEC MINERALS CORP.               |
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 |“Mohan R. Vulimiri”                 |
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 |Mohan R. Vulimiri, CEO and Chairman |
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The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

This press release contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performances or achievements of the Company to be materially different from the results, performances or expectations implied by these forward looking statements. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

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