RAB Rambler Metals And Mining

Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ("Rambler" or the
"Company"), a copper and gold producer operating in Newfoundland and Labrador,
Canada, announces that the Company has issued, subject to final TSX Venture
Exchange ("TSX-V") approval, 887,614 ordinary shares of one penny each in the
Company ("Shares") in connection with the purchase of a 50 per cent interest in
the Little Deer Copper Deposit and Whalesback Mine (together the "Little Deer
Project").


The 887,614 Shares at a price per Share of $0.39432 for an aggregate
subscription amount of $350,000.00 have been issued to Cornerstone Resources
Inc. ("Cornerstone"), a wholly-owned subsidiary of Cornerstone Capital Resources
Inc. (TSX VENTURE:CGP) pursuant to an agreement between, inter alios,
Cornerstone and the Company wherein Cornerstone agreed to use cash paid to it by
the Company's wholly-owned subsidiary, Rambler Metals and Mining Canada Limited
("Rambler Canada"), in final satisfaction of the purchase price for the
acquisition by Rambler Canada of the above noted 50 per cent participating
interest in the Little Deer Project, to subscribe for Shares at such price. The
Shares are subject to a four-month and one day hold period from the date of
issue in accordance with applicable securities legislation.


The Company has made application for the 887,614 Shares to be admitted to
trading on AIM. Admission is expected to occur on 29 November 2013.


For the purposes of the Disclosure and Transparency Rules, the Company's total
issued share capital at the date of this notice consists of 144,168,228 ordinary
shares of 1 penny each.


The above figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company, under the Disclosure
and Transparency Rules.


Additional information on the project will be available on the Company's website
at www.ramblermines.com.


ABOUT LITTLE DEER & WHALESBACK

The Little Deer copper Project, located in north-central Newfoundland, is a
50-50 joint venture with Thundermin, the project operator. Since 2007
approximately CAD$8 million has been invested into the property including 55,000
metres of diamond drilling, scoping level metallurgical test work, NI43-101
mineral resource estimates and a Preliminary Economic Assessment ("PEA"). 


The project includes the past-producing Little Deer and Whalesback underground
copper mines which operated during the 1960's and 1970's. A Cornerstone and
Thundermin press release, dated 26 July 2012, outlined a NI43-101 resource
estimate for Little Deer and Whalesback containing combined Indicated Resources
of 2,708,000 tonnes grading 2.16 per cent copper (129.1 million pounds of
copper) and Inferred Resources of 4,191,000 tonnes grading 2.07 per cent copper
(191.3 million pounds of copper). 


Planned future work consists of infill diamond drilling to upgrade any Inferred
Resources to an Indicated or Measured Resource category in order to further
advance the project's engineering studies. Good opportunities also exist to
expand the mineral resources at both deposits.


The Little Deer Project is located less than 140 kilometres from the Company's
Nugget Pond base and precious metals processing facility and only 30 kilometres
from the Goodyear's Cove Port Facility. 


ABOUT RAMBLER METALS AND MINING

Rambler is a mining and development Company that in 2012 brought its first mine
into commercial production. The group has a 100 per cent ownership in the Ming
Copper-Gold Mine, a fully operational base and precious metals processing
facility and year round bulk storage and shipping facility; all located on the
Baie Verte peninsula, Newfoundland and Labrador, Canada.


Our Company Vision is to be Atlantic Canada's leading mine operator and resource
developer through the expansion of the Ming Mine, discovering new deposits and
through mergers and acquisitions. Rambler listed on the London AIM in 2005 and
Toronto TSX-V in 2007.


Larry Pilgrim, P.Geo., is the Qualified Person responsible for the technical
content of this release and has reviewed and approved it accordingly. Mr.
Pilgrim is an independent consultant contracted by Rambler Metals and Mining
Canada Limited.


Tonnes referenced are dry metric tonnes unless otherwise indicated.

Neither TSX Venture Exchange nor its Regulation Service Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Caution Regarding Forward-Looking Statements:

Certain information included in this press release, including information
relating to future financial or operating performance and other statements that
express the expectations of management or estimates of future performance
constitute "forward-looking statements". Such forward-looking statements
include, without limitation, statements regarding copper, gold and silver
forecasts, the financial strength of the Company, estimates regarding timing of
future development and production and statements concerning possible expansion
opportunities for the Company. Where the Company expresses or implies an
expectation or belief as to future events or results, such expectation or belief
are based on assumptions made in good faith and believed to have a reasonable
basis. Such assumptions include, without limitation, the price of and
anticipated costs of recovery of, copper concentrate, gold and silver, the
presence of and continuity of such minerals at modeled grades and values, the
capacities of various machinery and equipment, the availability of personnel,
machinery and equipment at estimated prices, mineral recovery rates, and others.
However, forward-looking statements are subject to risks, uncertainties and
other factors, which could cause actual results to differ materially from future
results expressed, projected or implied by such forward-looking statements. Such
risks include, but are not limited to, interpretation and implications of
drilling and geophysical results; estimates regarding timing of future capital
expenditures and costs towards profitable commercial operations. Other factors
that could cause actual results, developments or events to differ materially
from those anticipated include, among others, increases/decreases in production;
volatility in metals prices and demand; currency fluctuations; cash operating
margins; cash operating cost per pound sold; costs per ton of ore; variances in
ore grade or recovery rates from those assumed in mining plans; reserves and/or
resources; the ability to successfully integrate acquired assets; operational
risks inherent in mining or development activities and legislative factors
relating to prices, taxes, royalties, land use, title and permits, importing and
exporting of minerals and environmental protection. Accordingly, undue reliance
should not be placed on forward-looking statements and the forward-looking
statements contained in this press release are expressly qualified in their
entirety by this cautionary statement. The forward-looking statements contained
herein are made as at the date hereof and the Company does not undertake any
obligation to update publicly or revise any such forward-looking statements or
any forward-looking statements contained in any other documents whether as a
result of new information, future events or otherwise, except as required under
applicable law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rambler Metals and Mining
George Ogilvie, P.Eng.
President and CEO
709-800-1929 or 709-800-1921


Rambler Metals & Mining Plc
Corporate Office
+44 (0) 20 8652-2700
+44 (0) 20 8652-2719 (FAX)
www.ramblermines.com


Cantor Fitzgerald Europe
Stewart Dickson / Jeremy Stephenson
+44 (0) 20 7894 7000


Blythe Weigh Communications
Tim Blythe / Halimah Hussain
+44 (0) 20 7138 3204


Ocean Equities Limited
Guy Wilkes
+44 (0) 20-7786-4370

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