Anglo Aluminum Closes Private Placement Offering

VANCOUVER – Anglo Aluminum Corp. (the "Company") announces that further to its news release of January 3, 2013, it has closed a non-brokered private placement consisting of 1,000,000 Units at a price of $0.05 per Unit for aggregate proceeds of $50,000. Each Unit is comprised of one common share in the capital of the Company and one half of one non-transferable share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase one additional common share at a price of $0.10 per share until February 15, 2015, subject to accelerated expiry in certain circumstances.

Shares acquired by the places are, and shares which may be acquired upon the exercise of the share purchase warrants will be, subject to a hold period until June 16, 2013, in accordance with applicable securities legislation. The proceeds of the private placement will be used to make the necessary payments to keep the Company's properties in good standing.

For more information, please visit: www.angloaluminum.com or contact Jim Gillis at 250-374-7377.


On behalf of the Board of Directors

Anglo Aluminum Corp.



This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of our management on the date the statements are made. Anglo Aluminum Corp. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.

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THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATED SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.