Sego Resources Inc. Announces Closing of $500,000 Financing via Short Form Offering Document

Suite 718-744 West Hastings Street Vancouver BC V6C 1A5 TSX-V: SGZ Tel: (604) 682-2933 Toll Free: 1-866-683-2933 Fax: (604) 569-2532 www.segoresources.com NEWS RELEASE July 18, 2013 SEGO RESOURCES INC. ANNOUNCES CLOSING OF $500,000 FINANCING VIA SHORT FORM OFFERING DOCUMENT

Sego Resources Inc. (“Sego”) (TSX-V: SGZ) is pleased to announce that it has closed its financing previously announced on May 3, 2013 by way of TSX Venture Exchange short form offering document (the “Offering”).

Sego issued an aggregate of 5,000,000 units (the “Units”) at a price of $0.10 per Unit for gross proceeds of $500,000. Each Unit consisted of one common share of Sego and one-half of one transferable common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to subscribe for one additional common share at a price of $0.20 until July 18, 2018.

On closing of the Offering, Sego paid to Euro Pacific Canada Inc., as agent (the “Agent”) a cash fee equal to 10% of the gross proceeds raised through the Offering and a work fee of $15,000.00 and issued to the Agent options (the "Agent’s Options") equal to 15% of the Units issued pursuant to the Offering. Each Agent’s Option entitles the holder to purchase one unit (the “Agent’s Units”) of Sego at an exercise price of $0.10 per Agent’s Unit, exercisable until July 18, 2018. Each Agent’s Unit has the same terms as the Units sold under the Offering.

On closing of the Offering, Sego also paid to Euro Pacific Canada Inc., as lead broker (the “Lead Broker”) a cash fee equal to 4% of the gross proceeds raised through the Offering and issued to the Lead Broker options (the "Lead Broker’s Options") equal to 10% of the Units issued pursuant to the Offering. Each Lead Broker’s Option entitles the holder to purchase one unit (the “Lead Broker’s Units”) of Sego at an exercise price of $0.10 per Lead Broker’s Unit, exercisable until July 18, 2018. Each Lead Broker’s Unit has the same terms as the Units sold under the Offering.

700,000 Units issued pursuant to the Offering and all securities issued to the Agent and Lead Broker are subject to a hold period in Canada which expires midnight on November 18, 2013.

The funds raised from the Offering will be used to fund on-going work programs on Sego’s Miner Mountain Property and for general working capital purposes as set out in Sego’s SFOD.

Sego’s sole project is the Miner Mountain Project a Copper Gold Porphyry Project near Princeton, BC, 15 kilometres north of Copper Mountain Mining Corporation’s – Mitsubishi’s Copper Mountain Mine. The Miner Mountain Project is situated within the Traditional Territory of the Upper Similkameen Indian Band with whom Sego has an MOU. The Miner Mountain property is 2,056.54 hectares in size.

For further information please contact:

J. Paul Stevenson, CEO (604) 682-2933 Sego Resources Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No regulatory authority has approved or disapproved the information contained in this news release. This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statement of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects re forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, statements are not guarantees of future performance and actual results or developments may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements.