RMB Rumbu Holdings Ltd

Trevali Mining Corporation ("Trevali" or the "Company")
(TSX:TV)(TSX:TV.WT)(OTCQX:TREVF)(LMA:TV)(FRANKFURT:4TI) announces that it has
entered into a mandate with RMB Resources ("RMB"), the resource financing
division of the FirstRand Group of South Africa, to arrange up to USD$60,000,000
in corporate debt financing in order to repay current debt and to fund its
stand-alone mining operations in the Bathurst Camp of New Brunswick.


The funding is comprised of the following:



--  USD$30,000,000 Corporate Facility repayable over a 5-year term bearing
    interest of LIBOR + 5.5% per annum.

--  USD$30,000,000 Pre-paid Gold and Silver facility based upon spot prices
    at time of closing.



There is an arrangement fee of 4%, a Break Fee of USD$250,000 and both
facilities may be pre-paid without penalty.


"Trevali Senior Management and Directors are very pleased to renew our business
relationships with the RMB team and look forward to working together to close
the contemplated facilities in a timely manner," stated Dr. Mark Cruise,
Trevali's President and CEO. "This planned facility provides Trevali with the
financial resources to accelerate underground development at our Halfmile Mine
in New Brunswick and also to reactivate planned operations at the Caribou Mill
and Mine Complex over the upcoming several months (conditional of finalizing the
acquisition of Maple Minerals). It is an exciting time for Trevali as we
transition towards becoming a significant zinc producer both in New Brunswick
and Peru at a time when some of the world's largest zinc mines are approaching
end of life - a factor that bodes well for the near term zinc market outlook."


The financing is subject to customary requirements for senior debt facilities
including successful closing of the Caribou transaction (see News Release
TV-NR-12-14 dated 14th May 2012 for details) and limited to the receipt of
required approvals by RMB Resources' Investment Committee.


ABOUT RMB RESOURCES

RMB Resources is the resource financing division of the FirstRand Group one of
the largest listed financial services companies listed on the Johannesburg Stock
Exchange. RMB specializes in providing Equity and Debt-Financing solutions for
Small to Mid-Tier resource companies. Staffed by experienced mining executives,
RMB Resources operates from its offices in Sydney, Melbourne, London,
Johannesburg, Denver and New York.


ABOUT TREVALI MINING CORPORATION

Trevali is a zinc-focused base metals developer with operations in Canada and
Peru - the Halfmile and Santander mines respectively. In Canada, Trevali owns
the Halfmile zinc-lead-silver mine and Stratmat polymetallic deposit, and has
entered into a definitive agreement to acquire the Caribou Mine and Mill, all
located in the Bathurst Mining Camp of northern New Brunswick. The Company also
has the past-producing Ruttan copper-zinc mine in northern Manitoba. Initial
production from the Halfmile mine commenced in early 2012 and development is
ramping up to achieve a planned production rate of approximately
3,000-tonnes-per-day to feed planned operations at the Company's Caribou Mill
Complex (subject to closure of its acquisition).


In Peru, the Company has the Santander zinc-lead-silver mine and the
former-producing Huampar silver mine, both located in the Central Peruvian
Polymetallic Belt. Mine commissioning is anticipated to commence at the
Santander operation in late-2012 with ramp up to full 2,000-tonnes-per-day
production to follow shortly thereafter. Additionally through its wholly-owned
subsidiary, Trevali Renewable Energy Inc., Trevali is undertaking a significant
upgrade of its wholly-owned Tingo run-of-river hydroelectric generating facility
along with transmission line upgrades and extensions to allow, in addition to
supplying power to the mining operation on the property, the potential sale of
surplus power into the Peruvian National Energy Grid.


The common shares of Trevali are listed on the TSX (symbol TV), the OTCQX
(symbol TREVF) and on the Lima Stock Exchange (symbol TV). Warrants to purchase
common shares of Trevali are listed on the TSX (symbol TV.WT). For further
details on Trevali, readers are referred to the Company's web site
(www.trevali.com) and to Canadian regulatory filings on SEDAR at www.sedar.com.


On Behalf of the Board of Directors of Trevali Mining Corporation

Mark D. Cruise, President

This news release contains "forward-looking statements" within the meaning of
the United States private securities litigation reform act of 1995 and
"forward-looking information" within the meaning of applicable Canadian
securities legislation. Statements containing forward-looking information
express, as at the date of this news release, the Company's plans, estimates,
forecasts, projections, expectations, or beliefs as to future events or results
and the company does not intend, and does not assume any obligation to, update
such statements containing the forward-looking information. Such forward-looking
statements and information include, but are not limited to statements as to: the
accuracy of estimated mineral reserves and resources, anticipated results of
future exploration, and forecast future metal prices, anticipated results of
future electrical sales and expectations that environmental, permitting, legal,
title, taxation, socio-economic, political, marketing or other issues will not
materially affect estimates of mineral reserves. These statements reflect the
Company's current views with respect to future events and are necessarily based
upon a number of assumptions and estimates that, while considered reasonable by
the Company, are inherently subject to significant business, economic,
competitive, political and social uncertainties and contingencies.


These statements reflect the Company's current views with respect to future
events and are necessarily based upon a number of assumptions and estimates
that, while considered reasonable by the company, are inherently subject to
significant business, economic, competitive, political and social uncertainties
and contingencies. Many factors, both known and unknown, could cause actual
results, performance or achievements to be materially different from the
results, performance or achievements that are or may be expressed or implied by
such forward-looking statements contained in this news release and the company
has made assumptions and estimates based on or related to many of these factors.
Such factors include, without limitation: fluctuations in spot and forward
markets for silver, zinc, base metals and certain other commodities (such as
natural gas, fuel oil and electricity); fluctuations in currency markets (such
as the Peruvian sol versus the U.S. dollar); risks related to the technological
and operational nature of the Company's business; changes in national and local
government, legislation, taxation, controls or regulations and political or
economic developments in Canada, the United States, Peru or other countries
where the Company may carry on business in the future; risks and hazards
associated with the business of mineral exploration, development and mining
(including environmental hazards, industrial accidents, unusual or unexpected
geological or structural formations, pressures, cave-ins and flooding); risks
relating to the credit worthiness or financial condition of suppliers, refiners
and other parties with whom the Company does business; inadequate insurance, or
inability to obtain insurance, to cover these risks and hazards; employee
relations; relationships with and claims by local communities and indigenous
populations; availability and increasing costs associated with mining inputs and
labour; the speculative nature of mineral exploration and development, including
the risks of obtaining necessary licenses and permits and the presence of laws
and regulations that may impose restrictions on mining,; diminishing quantities
or grades of mineral reserves as properties are mined; global financial
conditions; business opportunities that may be presented to, or pursued by, the
Company; the Company's ability to complete and successfully integrate
acquisitions and to mitigate other business combination risks; challenges to, or
difficulty in maintaining, the Company's title to properties and continued
ownership thereof; the actual results of current exploration activities,
conclusions of economic evaluations, and changes in project parameters to deal
with unanticipated economic or other factors; increased competition in the
mining industry for properties, equipment, qualified personnel, and their costs.
Investors are cautioned against attributing undue certainty or reliance on
forward-looking statements.


Although the Company has attempted to identify important factors that could
cause actual results to differ materially, there may be other factors that cause
results not to be as anticipated, estimated, described or intended. The Company
does not intend, and does not assume any obligation, to update these
forward-looking statements or information to reflect changes in assumptions or
changes in circumstances or any other events affecting such statements or
information, other than as required by applicable law.


Trevali's production plans at Halfmile-Stratmat and Santander are based only on
Indicated and Inferred Mineral Resources and not Mineral Reserves and do not
have demonstrated economic viability. Inferred Mineral Resources are considered
too speculative geologically to have the economic considerations applied to them
that would enable them to be categorized as Mineral Reserves, and there is
therefore no certainty that the conclusions of the production plans and
Preliminary Economic Assessment (PEA) will be realized. Additionally where
Trevali discusses exploration/expansion potential, any potential quantity and
grade is conceptual in nature and there has been insufficient exploration to
define a mineral resource and it is uncertain if further exploration will result
in the target being delineated as a mineral resource.

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