Advanced Primary Minerals Corp. ("APM") (TSX VENTURE:APD), formerly Beta
Minerals Inc., is pleased to announce that the TSX Venture Exchange ("TSXV") has
accepted APM's proposal to issue 7,924,529 common shares of APM ("Shares") in
settlement of $491,320.85 of the debt it owes to Erdene Resource Development
Corporation ("ERD").


Prior to the reverse takeover of Beta Minerals Inc by ERD which closed on
February 27, 2009 ("Closing"), ERD provided a number of loans to Erdene
Materials Corporation ("EMC"), now a wholly-owned subsidiary of APM, totalling,
in the aggregate, US$753,571. One of these loans (the "Capital Loan") was used
by EMC for the acquisition of necessary capital equipment and had a principal
balance of US$398,638. It was a term of the reverse takeover that APM issue
Shares to ERD in full satisfaction of the Capital Loan at a price per Share
equal to the volume weighted average trading price ("VWAP") of the Shares on the
TSXV for the first ten (10) trading days following the date of the closing,
subject to the approval of the TSXV. The 10-day VWAP of the Shares during the 10
trading days following the Closing (March 6-19, 2009) was $0.062. As a result,
7,924,529 Shares were required to be issued to ERD in full satisfaction of the
Capital Loan based on an exchange rate of $1USD - $1.2325CAD as of March 19,
2009. The Shares are subject to a hold period which expires on December 5, 2009.


ERD now owns and controls an aggregate of 75,999,529 Shares or approximately
64.59% of APM's issued and outstanding Shares. Of these, 63,900,000 are
presently held in escrow in accordance with the requirements of the TSXV and 15%
will be released on August 27, 2009 and at 6 month intervals thereafter.
Provided certain conditions are met before February 27, 2012, APM is required to
issue an additional 36,000,000 Shares to ERD in connection with the RTO, which
Shares will be subject to the provisions of the existing escrow agreement.
Erdene also has the right to convert an additional US$354,933 of the amount
owing to it by APM to Shares.


About APM

APM, through its wholly owned subsidiary EMC, has been active in Georgia and
South Carolina for over 10 years and spent over $15 million exploring for,
evaluating, extensively testing and securing high quality primary kaolin
resources. APM has also operated an industrial minerals laboratory in Eatonton,
Georgia since 1998. It will commence commercial production at a newly
constructed kaolin processing facility in Dearing, Georgia late summer 2009. The
Company is targeting value added products that benefit from the unique
attributes of its high quality, primary kaolin resource. Target markets include
ceramics, paint and coatings, catalysts and other industrial applications. APM
has a consolidated working capital position of approximately US$950,000,
117,667,382 Shares issued and outstanding and a fully diluted share position of
157,467,382.


Additional Information

Additional information regarding the February 27, 2009 reverse takeover of Beta
(which subsequently changed its name to APM) by ERD can be found in the March 3,
2009 news release which is available at www.sedar.com.


Forward-Looking Statements

Certain information regarding APM contained herein may constitute
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans, expectations, opinions,
forecasts, projections, guidance or other statements that are not statements of
fact. Although APM believes that the expectations reflected in such
forward-looking statements are reasonable, it can give no assurance that such
expectations will prove to have been correct. APM cautions that actual
performance will be affected by a number of factors, most of which are beyond
its control, and that future events and results may vary substantially from what
APM currently foresees. Factors that could cause actual results to differ
materially from those in forward-looking statements include market prices,
exploitation and exploration results, continued availability of capital and
financing and general economic, market or business conditions. The
forward-looking statements are expressly qualified in their entirety by this
cautionary statement. The information contained herein is stated as of the
current date and subject to change after that date.


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