Herencia Resources Regulatory News (HER)

Herencia Resources plc

Herencia signs Subscription Agreement

with New Cornerstone Investor

Highlights

· Subscription Agreement for Tranche One investment signed by both parties

· Investment priced at 0.62p per share

· Tranche One shares to total 100 million ordinary shares

· GBP£620,000 in Tranche One funding scheduled for payment on 25 November 2013

· Due Diligence now underway to facilitate investment of additional GBP£1.86 million

Further to the announcement of 13 November 2013, Herencia Resources plc (AIM:HER), the Chile-focussed mineral exploration and development Company, is pleased to announce that both Herencia and Shining Capital Management Ltd ("Shining") have signed the Tranche One Subscription Agreement in respect of the Tranche One shares, being 100,000,000 shares at 0.62p per share.

Due Diligence work in relation to the second tranche ("Tranche Two Investment") of GBP£1,860,000 has commenced. As outlined in the announcement of 13 November 2013, subject to successful Due Diligence and legal documentation, Shining will subscribe for a further 300 million new ordinary shares in Herencia at a price of 0.62p per share.

A further announcement will be made when the funds are received by the Company (anticipated on Monday 25 November) and application is made to admit the shares to trading on AIM.

For further information, please contact:

Graeme Sloan, Herencia Resources plc +61 8 9481 4204

Katy Mitchell, WH Ireland Limited +44 161 832 2174

Further background details on the Company can be found at www.herenciaresources.com

**ENDS**