Pacific Imperial Mines Inc. Announces Closing of Private Placement

1700-700 West Pender Street, Vancouver, BC, V6C 1G8 Canada Telephone: (604) 669.6332 Facsimile: (604) 688.9336 Email: [email protected]

PPM.H -TSX VENTURE

NEWS RELEASE Pacific Imperial Mines Inc. Announces Closing of Private Placement

Vancouver, B.C. – February 19, 2013 PACIFIC IMPERIAL MINES INC. (the “Company”) (TSX-Venture- NEX:PPM.H) has closed its non-brokered private placement offering of $350,000 announced on January 15, 2013.

A total of 7,000,000 units were issued at a price of $0.05 per unit. Each unit consisted of one (1) common share and one (1) non-transferrable share purchase warrant; each warrant entitles the holder to purchase one (1) additional common share at a price of $0.10 per share for a period of 12 months.

Finders’ fees totalling $10,500 on $150,000 of the placement were paid. In addition, finders’ warrants were issued entitling the Finder to purchase a total of 210,000 common shares for a period of 12 months following the date of closing of the offering at a price of $0.10 per common share.

Proceeds of the private placement will be used for general corporate purposes.

For further information contact:

PACIFIC IMPERIAL MINES INC.

Leo King, President Tel: 604-669-6332/ Fax: 604-688-9336 E-mail: [email protected]

On behalf of the Board of Directors PACIFIC IMPERIAL MINES INC.

s/“H. Leo King”

H. Leo King President and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), accept responsibility for the adequacy or accuracy of this News Release. This news release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.