TORONTO, ONTARIO-(Sept. 24, 2009) - Orvana Minerals Corp. (TSX:ORV) and Kinbauri Gold Corp. (TSX VENTURE:KNB) today announced that Orvana Minerals Acquisition Corp., a wholly-owned subsidiary of Orvana Minerals Corp., has completed its previously announced compulsory acquisition, pursuant to section 206 of the Canada Business Corporations Act, of all of the outstanding Kinbauri common shares not already owned by it. As a result of the compulsory acquisition, Kinbauri is now a wholly-owned subsidiary of Orvana Minerals Acquisition Corp. and former Kinbauri shareholders, other than those who exercise dissent rights, are entitled to receive CA$0.75 for each Kinbauri common share formerly held by them. To effect the compulsory acquisition, Orvana Minerals Acquisition Corp. has mailed a Notice of Compulsory Acquisition to each of Kinbauri's registered shareholders and has deposited with Equity Transfer & Trust Company, as agent for Kinbauri, the total consideration payable for the Kinbauri common shares acquired under the compulsory acquisition. Equity Transfer will hold such funds in trust for Kinbauri's former shareholders and will pay the acquisition price to them upon deposit of the certificates representing the Kinbauri common shares formerly held by them. Deposits of the certificates can be effected using the letter of transmittal that has been mailed to Kinbauri's registered shareholders along with the Notice of Compulsory Acquisition.

As it is now a wholly-owned subsidiary of Orvana Minerals Acquisition Corp., at Kinbauri's request the trading of its common shares on the TSX Venture Exchange has been halted and the shares will be delisted from the TSX Venture Exchange at the close of trading on Friday, September 25, 2009. In addition, Kinbauri intends to apply to the relevant provincial securities commissions to cease to be a reporting issuer.

About Orvana

Orvana is a well-established mine operator with an experienced management team that has collectively brought a number of underground mines into production. Orvana had cash of approximately US $98.0 million (C$107.3 million) as at June 30, 2009.

Forward Looking Disclaimer

Certain statements contained in this press release concerning objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates are forward-looking statements. The words "believe", "expect", "intend", "may", "anticipate", "will", "would" and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are not based on historical facts, but rather on current expectations, assumptions and projections about future events. While Orvana and Kinbauri consider these expectations, assumptions and projections to be reasonable based on information currently available, they may be proven to be incorrect. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

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.

For more information, please contact

Orvana Minerals Corp.

Malcolm King

(416) 369-1629

OTTAWA, ONTARIO-(Aug. 31, 2009) - Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today announced the appointment of Peter Bradshaw, Richard Garnett, Kent Jespersen, Malcolm King and Robert Mitchell to its board of directors. The new directors have been appointed in connection with the acquisition by Orvana Minerals Corp. of a majority of Kinbauri's outstanding common shares. In connection with these appointments, each of Vern Rampton, Marilyn Bloovol, Christopher Gleeson and Brian McEwen has resigned as a director of Kinbauri.

Kinbauri also announced the resignations of Vern Rampton as President and Chief Executive Officer, Simon Britt as Chief Financial Officer, Christopher Gleeson as Vice-President Exploration, and Christopher Irwin as Secretary, and the appointment of Malcolm King as President and Chief Executive Officer, Bill Williams as Vice President, Corporate Development, and Wendy Sikora as Corporate Controller.

Kinbauri also confirmed that it is in the process of mailing a circular to shareholders in connection with its previously announced shareholders' meeting to be held on September 22, 2009. At the meeting, shareholders will be asked to approve the amalgamation of Kinbauri and Orvana Minerals Acquisitions Corp., a wholly-owned subsidiary of Orvana Minerals Corp. The corporation resulting from the proposed amalgamation will be a wholly-owned subsidiary of Orvana Minerals Corp. As a result of the amalgamation, Kinbauri shareholders other than Orvana Minerals Acquisition Corp. and any shareholders who exercise statutory dissent rights will be entitled to receive $0.75 for each Kinbauri common share held by them. Kinbauri has been advised by Orvana Minerals Corp. that, through it its wholly-owned subsidiary Orvana Minerals Acquisition Corp., Orvana has acquired approximately 94.9% of Kinbauri's outstanding shares and that it intends to vote in favour of the proposed amalgamation. It is anticipated that the corporation resulting from the amalgamation will take steps to delist its shares from trading on the TSX Venture Exchange and to cease to be a reporting issuer under applicable securities laws.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada.

Forward Looking Disclaimer

Certain statements contained in this press release concerning objectives, goals, strategies, intentions, plans, beliefs, expectations and estimates are forward-looking statements. The words "believe", "expect", "intend", "may", "anticipate", "will", "would" and similar expressions and the negative of such expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are not based on historical facts, but rather on current expectations, assumptions and projections about future events. While Kinbauri considers these expectations, assumptions and projections to be reasonable based on information currently available, they may be proven to be incorrect. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include, but are not limited to, risks relating to any failure by Orvana to acquire the remaining outstanding shares of Kinbauri that it does not own; general economic conditions; dependence on key personnel; and variations in required capital expenditures. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.

CONTACT INFORMATION:

Longview Communications
Louise Kozier: 604-694-6033
Alan Bayless: 604-694-6035

or

Kinbauri Gold Corp.
Malcolm King: 416-369-1629
www.kinbauri-gold.com

Kinbauri Directors Unanimously Recommend that Shareholders ACCEPT Orvana's Increased Offer at $0.75 per Share

OTTAWA, ONTARIO-(Aug. 18, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB) (FRANKFURT:3KG.DE) has been advised that Orvana Minerals Corp. ("Orvana") (TSX:ORV) today announced that a total of 42,673,308 Kinbauri common shares were validly tendered as of August 17, 2009 under Orvana's offer to purchase at a price of $0.75 per common share all of the outstanding shares of Kinbauri (the "Offer"). Orvana has announced that it has waived the condition of its offer that not less than 66 2/3% of the shares of Kinbauri (calculated on a fully-diluted basis) shall have been deposited under the Offer. As all conditions of the Offer have been satisfied or waived, Orvana has announced that it has taken up the 42,673,308 shares tendered to date under the Offer.

Kinbauri today announced that its Board of Directors has determined to work together with Orvana to provide an orderly transition of the business of Kinbauri. The Board of Directors has unanimously recommended that Kinbauri shareholders ACCEPT the all-cash Offer by Orvana to acquire the common shares of Kinbauri at a price of $0.75 per share.

The directors of Kinbauri unanimously recommend that, in the absence of a superior offer, Kinbauri shareholders ACCEPT Orvana's revised Offer. The directors of Kinbauri intend to tender their common shares to the Offer.

Dr. Vern Rampton, President & CEO, Kinbauri commented, "Our shareholders have spoken, and now it is in the best interests of the El Valle/Carles project and our employees in Spain that we move ahead expeditiously with this transaction. I want to thank our shareholders for standing by us and helping to increase the bid from $0.55 per share to $0.75 per share. The board congratulates Orvana on the acquisition of this excellent asset and assures cooperation of Kinbauri in completing a smooth transition and providing any assistance with the project's development."

Gryphon Partners, financial advisor to the Special Committee, has provided an opinion that, as of August 13, 2009, the consideration under the Offer is fair, from a financial point of view, to the shareholders of Kinbauri.

NEITHER 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.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Vern Rampton
President & CEO
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager
Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(Aug. 13, 2009) - The board of directors of Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today advised that it intends to maintain a no recommendation with respect to the offer (the "Offer") of Orvana Minerals Corp. ("Orvana"). On July 21, 2009, Orvana raised the price under the Offer to C$0.75 per share from C$0.55 and extended the expiry date of the Offer to July 31, 2009. On August 4, 2009, Orvana extended the expiry time of the Offer to 8:00 pm (Toronto time) on August 17, 2009.

As advised in its press release of August 7, 2009, Kinbauri continues to conduct its value maximization process. It has received a preliminary, non-binding expression of interest (the "Expression of Interest") from a large European based private mining corporation. The Expression of Interest contemplates purchasing a 51% interest in Kinbauri Espana from Kinbauri. The proposed transaction would be financed through the current financial resources of the interested company, and would be subject to certain conditions, including satisfactory completion of due diligence.

The Kinbauri Board has decided to continue to make no recommendation with respect to the Offer. Although they have been advised by Gryphon Partners, financial advisor to the Special Committee, that the Offer is fair to Shareholders from a financial point of view, no Kinbauri director intends to tender their Common Shares to the Offer because they do not believe that the Offer is satisfactory.

Since termination of the agreement with ATW Gold Corp., the Kinbauri board has attempted to negotiate with Orvana a higher price under the Offer, in exchange for the support of the Offer by the Kinbauri board. Orvana has declined to enter into any such negotiations. The Kinbauri board believes that this failure by Orvana to be willing to gain the support of the Kinbauri board for the Offer is a clear intention of Orvana's determination to acquire Kinbauri at the lowest price possible. From communications received from shareholders, the Kinbauri board knows that a significant number of Kinbauri shareholders have the same opinion of the Offer. Also, Orvana has failed to achieve the minimum tender condition of the Offer despite four extensions of the expiry date of the Offer and an increase in the price of the Offer. This failure to achieve the Offer's minimum tender condition has not been a result of the refusal of the directors and officers of Kinbauri to accept the Offer, as they hold less than 5% of the outstanding Common Shares.

In considering how to respond to the Offer, Shareholders are advised to consider the following:

- Orvana indicated in its press release dated August 3, 2009 that the extension of the Offer on August 4, 2009 was "our final offer and final extension".

- Gryphon Partners has advised that the Offer is fair, from a financial point of view, to Shareholders.

- Although Kinbauri will continue its process to secure value maximizing alternatives to the Offer, such as the Expression of Interest, based on the current status of this process, it is uncertain whether an offer superior to the Offer will emerge before the expiry of the Offer on August 17, 2009. Shareholders should be aware that if Shareholders do not tender, and the Offer is withdrawn and no other offer is forthcoming, the Common Shares may trade at a significant discount to the current market price.

- In the absence of a value maximizing transaction such as the Offer, Kinbauri will ultimately require additional financing in the order of 40 million euros to complete development of the El Valle/Carles mining project. There can be no certainty as to whether, or on what conditions, this additional financing will be secured.

Kinbauri will file today a Notice of Change to its Directors' Circular and mail the Notice of Change to shareholders thereafter. Kinbauri's board is advising shareholders to consider the Offer, the matters referred to in the Notice of Change and other factors that are important to each shareholder and urges them at this time to seek independent advice and/or make their own decision regarding whether to accept or reject the Offer. Shareholders do not need to take any action if they do not wish to accept the Offer.

For questions, including how to withdraw shares tendered to the Offer, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 60,276,385 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

NEITHER 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.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Dr. Vern Rampton,
President and Chief Executive Officer
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager,
Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe
Ruediger (Rudy) Hnyk, CEO
INVESTEL
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(Aug. 7, 2009) - The board of directors of Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) advises that it is continuing to conduct a value maximization process that is designed to facilitate the proposal of superior alternatives from qualified third parties to the unsolicited offer (the "Offer") made by Orvana Minerals Corporation ("Orvana") and has recently entered into preliminary discussions with third parties as part of this process.

On August 3rd Orvana announced that it has extended its all-cash offer until August 17th.

As Kinbauri continues to conduct its value maximization process, Kinbauri's board remains unable to make a recommendation to shareholders at this time with respect to the Offer. The directors and officers of Kinbauri advise that they have not tendered their shares to the Offer.

For questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact

Kinbauri Gold Corp.
Mr. Vern Rampton
President & CEO
613-836-2594
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de
www.kinbauri-gold.com

The directors and officers of Kinbauri advise that they have not tendered their shares to the Offer.

For questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Dr. Vern Rampton
President & CEO
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager,
Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de
www.kinbauri-gold.com

OTTAWA, ONTARIO-(July 29, 2009) - The board of directors of Kinbauri Gold Corp. ("Kinbauri")(TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today advised that it intends to issue no recommendation with respect to the revised offer of Orvana Minerals Corp. ("Orvana"). On July 21, 2009, Orvana raised its all-cash offer for Kinbauri to C$0.75 per share from C$0.55 (the "Orvana Offer"). The Orvana Offer will expire at 11:59 pm (Vancouver time) on July 31, 2009, unless withdrawn or extended.

On July 12, 2009, Kinbauri announced that it had signed a binding letter agreement with ATW Gold Corp. (TSX VENTURE:ATW) ("ATW") to combine the two companies at the agreed exchange ratio of 1.35 ATW shares per Kinbauri share (the "Proposed Arrangement"), which implies a purchase price of C$0.85 per Kinbauri share using closing share prices on July 10, 2009. Since entering into the letter agreement, ATW has been involved in negotiations to provide equity financing for ATW to support the Proposed Arrangement. It is a condition of the letter agreement that Kinbauri is satisfied with those equity financing arrangements, and Kinbauri has been kept informed by ATW during the course of ATW's negotiations for said equity financing. As a result, the Kinbauri board believes that it needs more time before being in the position to make a formal recommendation to shareholders.

Kinbauri will file today a Notice of Change to its Directors' Circular, which was dated June 9, 2009, and mail the Notice of Change to shareholders thereafter. Kinbauri's board is advising shareholders to consider the Orvana Offer and the Proposed Arrangement, the matters referred to in the Notice of Change and other factors that are important to each shareholder and urges them at this time to seek independent advice and/or make their own decision regarding whether to accept or reject the Orvana Offer. In order to permit shareholders to make an unfettered decision, Kinbauri's board has waived the applicability of Kinbauri's shareholder rights plan. Shareholders do not need to take any action if they do not wish to accept the Orvana Offer.

For questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen,
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager,
Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

Kinbauri Shareholders Are Advised to Take No Action at This Time Regarding Orvana's Revised Offer

OTTAWA, ONTARIO-(July 21, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) has been advised that Orvana Minerals Corp. ("Orvana") has raised its all-cash offer for Kinbauri to C$0.75 per share from C$0.55 (the "Orvana Offer") and that investors holding 23.6 percent of Kinbauri's outstanding shares have signed lockup agreements in support of the Orvana Offer. The Orvana Offer will expire at 11:59 pm (Vancouver time) on July 31, 2009, unless withdrawn or extended.

On July 12, 2009, Kinbauri announced that it had signed a binding letter agreement with ATW Gold Corp. (TSX VENTURE:ATW) ("ATW") to combine the two companies at the agreed exchange ratio of 1.35 ATW shares per Kinbauri share, which implies a purchase price of C$0.85 per Kinbauri share using closing share prices on July 10, 2009.

Kinbauri's Board of Directors recommends that shareholders do not take any action (including the tendering of shares) with respect to the Orvana Offer, until the Special Committee of the Board of Directors has completed its review and the Board of Directors has had an opportunity to fully evaluate the Orvana Offer and communicate its views to shareholders.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B,
Manager
613-836-0198
dmunro@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

A conference call will be held on Tuesday July 14, 2009 at 1:00 p.m. EDT

Presentation available at http://events.snwebcastcenter.com/kinbaurigold/20090714/index.php

----------------------------------------------------------------------

Call-in Numbers

Greater Toronto - 416 644 3424

Toll-Free (North America) - 800 732 0232

Toll-Free (UK, France, Germany, Switzerland, Spain) - 00 800 2288 3501

Toll-Free (Australia) - 0011 800 2288 3501

Playback

Toronto: 416-640-1917 Passcode: 21310993#

Toll-Free: 877-289-8525 Passcode: 21310993#

----------------------------------------------------------------------

Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) ("Kinbauri") announced today that it has signed a binding letter agreement dated July 12, 2009, with ATW Gold Corp. (TSX VENTURE:ATW) ("ATW") to combine the two companies at the agreed exchange ratio of 1.35 ATW shares per Kinbauri share, which implies a purchase price of C$0.85 per Kinbauri share using closing share prices on July 10, 2009 (the "ATW Transaction").

The ATW Transaction represents a premium of 55% over the closing price of Kinbauri shares on July 10, 2009 and a premium of 115% over the closing price of Kinbauri shares on May 8, 2009, the last trading day prior to the announcement by Orvana Minerals Corp. (TSX:ORV) ("Orvana") of its intention to make an unsolicited offer of C$0.55 per share.

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana as described in a take-over bid circular dated May 25, 2009.

Brian McEwen, Director of Kinbauri and member of its Special Committee, stated, "The ATW Transaction delivers significant value to Kinbauri shareholders and to Kinbauri's flagship El Valle Project and we recommend that all shareholders join us in supporting the transaction."

The Kinbauri Board of Directors has unanimously recommended that Kinbauri shareholders vote in favour of the ATW Transaction and continue to reject the Orvana offer. The combination of Kinbauri and ATW would move ATW closer to its goal of becoming a mid-tier gold producer. It would also feature;

- Diversified operations with significant reserve/resource upside in three producing or close to producing gold mines. The assets have significant infrastructure already in place, and are located in geopolitically and mining friendly jurisdictions;

- Management from both ATW and Kinbauri with their extensive combined mine operating, development, financing and exploration experience, including Graham Harris as Executive Chairman, Brent Butler as CEO and Brian McEwen as President; and

- Strategic position and management experience to leverage continued consolidation in the gold industry.

"We understand that higher offers for the Kinbauri assets were being entertained and therefore our efforts were directed towards expediting a friendly transaction that would benefit both shareholder groups. Our merger with Kinbauri brings ATW closer to its stated goal of becoming a leading mid-tier gold producer." said Graham Harris, Executive Chairman of ATW. "We are pleased to combine ATW's strong foundation of professionals, with experience bringing our Burnakura mine into production, with Kinbauri's team."

Upon completion of the ATW Transaction, ATW will have approximately 149,691,086 common shares issued and outstanding, with former Kinbauri shareholders holding approximately 53.5% of the issued and outstanding common shares of the combined company."

ATW Transaction Details

The ATW Transaction is expected to be structured as a plan of arrangement between Kinbauri and a newly formed, wholly-owned subsidiary of ATW. Under the terms of the ATW Transaction, Kinbauri shareholders will receive 1.35 common shares of ATW per common share of Kinbauri held. Each outstanding Kinbauri convertible security will become exercisable for ATW common shares based on the exchange ratio and resulting price adjustment. Two Kinbauri directors, Brian McEwen and Marilyn Bloovol, will join the ATW Board of Directors. Brian McEwen will also be appointed President of ATW and President of Kinbauri Espana. The ATW Transaction will be subject to approval of the shareholders of Kinbauri and ATW.

Gryphon Partners, acting as financial advisor to the Special Committee of the Board of Directors of Kinbauri, has provided an opinion that the ATW offer is fair, from a financial point of view, to Kinbauri shareholders.

The letter agreement setting out the ATW Transaction includes a commitment by Kinbauri not to solicit alternative transactions to the proposed ATW Transaction and to enter into a definitive arrangement agreement. ATW has also been provided with certain other rights customary for a transaction of this nature, including the right to match competing offers made to Kinbauri. The letter agreement also provides for a break fee of approximately $1 million to be payable to ATW in certain circumstances.

Completion of the ATW Transaction is subject to a number of conditions, including: the receipt of all necessary regulatory and court approvals (including the approval of the TSXV) and obtaining approvals from the shareholders of ATW and Kinbauri at meetings to be held no later than September 25, 2009. There can be no assurance that the ATW Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular to be prepared in connection with the ATW Transaction, any information released or received with respect to the ATW Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Kinbauri should be considered highly speculative.

Gryphon Partners is the financial advisor to Kinbauri's Special Committee and its legal advisor is Wildeboer Dellelce LLP. ATW's financial advisor is PI Financial Corp. and its legal counsel is CD Farber Law Group.

All information contained in this new release with respect to ATW was supplied by ATW for inclusion herein, and with respect to such information, Kinbauri and its board of directors and officers have relied on ATW.

About ATW

ATW is a gold producer and developer, with two gold mines in Western Australia and is listed on Tier 1 of the TSX Venture Exchange ("TSXV") (TSX VENTURE:ATW). ATW's corporate goal is to build a mid-tier gold producer.

ATW is incorporated under the Business Corporations Act (British Columbia) and was listed on the TSXV in November 2006 via an initial public offering. ATW made its first mining acquisition, the Burnakura Gold Mine, in December 2007. Within 15 months, Burnakura was recommissioned, permitted and gold production commenced. During that time, six months after the Burnakura acquisition, ATW acquired its second mine, the Gullewa Gold Mine. The Gullewa Mine, a past-producing mine, is ATW's flagship project. ATW is conducting further exploration and other work with the goal of commencing production from the Gullewa Mine in 12 to 15 months. ATW's team is comprised of Mine Engineers, Geologists and finance experts, with over 100 years of combined experience in the mining industry having operated worldwide.

www.atwgold.com

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it and vote in favour of the ATW Transaction.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

Note Regarding Forward-Looking Statements

This press release and other written or oral communication from the Company may include certain statements that may be considered "forward-looking statements" within the meaning of that phrase under Canadian securities laws. Statements other than historical facts that address possible future events, plans or developments are forward-looking statements. Such statements may be identified by the use of words such as "will", ""may", "expects", "estimate", "intend" or the use of the future or conditional tense. Certain material factors or assumptions were applied in drawing our conclusions and making those forward-looking statements. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. Readers are cautioned that risks may change or new risks may emerge. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com and available on the Company's website at www.kinbauri-gold.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law.

www.kinbaurimaximized.com

Neither 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.

For more information, please contact

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager,
Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Brian McEwen, P Geol., Director
604-551-6979
bmcewen@kinbauri-gold.com
www.kinbauri-gold.com

or

News media:
Barnes McInerney Inc.
Craig MacPhail
416-367-5000 ext. 244
cmacphail@barnesmcinerney.com

OTTAWA, ONTARIO-(July 7, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that Justice Wilton-Seigel has issued his reasons in respect of his ruling of the dispute between Kinbauri and Glen Eagle Resources Inc. ("Glen Eagle"). A copy of the reasons has been posted on Kinbauri's website www.kinbauri-gold.com as well as on www.kinbaurimaximized.com. Kinbauri strongly encourages shareholders to review the reasons. Kinbauri is pleased with Justice Wilton-Seigel's assessment of the facts and issues in the dispute with Glen Eagle as set out in his reasons and continues to be highly confident that it will prevail in defeating Glen Eagle's claims and in winning the counter claims for substantial damages that it will be asserting in the arbitration.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT INFORMATION:

North America:
Mr. Brian McEwen
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe:
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

Kinbauri Gold Provides Update on Court Hearing and Update on Review of Strategic Alternatives

OTTAWA, ONTARIO-(June 30, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) advises that its application to have Glen Eagle Resources Inc. ("Glen Eagle") claims summarily dismissed was not approved so the matters will now proceed to arbitration . Kinbauri intends to assert a counter claim against Glen Eagle for substantial damages in the arbitration as well as asking for a dismissal of all of Glen Eagle's claims. Kinbauri expects the reasons of the Court on its application for summary dismissal to be released on Thursday July 2, 2009 and intends to provide further information at that time."

The Special Committee (the "Special Committee") of the Board of Directors of Kinbauri is continuing to conduct a value maximization process that is designed to facilitate the proposal of superior alternatives from the unsolicited offer made by Orvana Minerals Corporation ("Orvana") from qualified third parties. A number of parties have entered into confidentiality and standstill agreements with Kinbauri and are conducting due diligence that includes reviewing materials in an electronic data room and site visits.

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana for the reasons as set out in the directors' circular of Kinbauri dated June 9, 2009.

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Europe:
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(June 29, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) advises that the decision of the presiding Justice on the various matters heard before the Ontario Court of Justice this past Friday will be rendered after the close of market today. Kinbauri will provide an update thereafter.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
(613) 836-2594
Fax: (613) 831-2730
bmcewen@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO - (June 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today provided an update on its review of strategic alternatives to maximize shareholder value in response to the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV) ("Orvana").

The Special Committee (the "Special Committee") of the Board of Directors of Kinbauri is continuing to conduct a value maximization process that is designed to facilitate the proposal of superior alternatives from qualified third parties. A number of parties have entered into confidentiality and standstill agreements with Kinbauri and are conducting due diligence that includes reviewing materials in an electronic data room and site visits.

Gryphon Partners is acting as financial advisor to the Special Committee and Wildeboer Dellelce LLP is acting as legal advisor.

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV) ("Orvana") as described in a take-over bid circular dated May 25, 2009.

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO - (June 11, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today announced that the transaction with Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle") to invest C$32 million in return for a 45% interest in Kinbauri Espana has been formally terminated by both parties.

"This event has not changed the Board's unwavering commitment to review options to maximize shareholder value," said Brian McEwen, Director and Special Committee Member. "We are in the process of engaging a financial advisor to assist in evaluating strategic options and, with market conditions now much stronger than during the original strategic review, we believe that many more opportunities will be available. We are confident that our efforts will result in a much stronger and more favourable outcome than the current bid of $0.55 per share from Orvana Minerals."

Glen Eagle has advised that it may pursue a claim for damages against Kinbauri. Kinbauri takes the position that no damages are payable to Glen Eagle and, in fact, is considering its options to pursue Glen Eagle for damages. Kinbauri is continuing with its Court Application scheduled for June 17, 2009 against Glen Eagle now only to seek a declaration that it had lawfully brought to an end the transaction by accepting Glen Eagle's repudiation of the Subscription Agreement. (See Press Release dated June 9, 2009)

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV) ("Orvana") as described in a take-over bid circular dated May 25, 2009.

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
(613) 836-2594
Fax: (613) 831-2730
bmcewen@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

TORONTO, ONTARIO - (June 9, 2009) - Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE)

------------------------------------...

A conference call with Management and members of the Board will be held on Tuesday June 9, 2009 at 10:30 a.m. EDT

Presentation available at www.kinbaurimaximized.com

Call in number: 416-644-3424 or 1-800-732-0232

http://events.snwebcastcenter.com/ki...

------------------------------------...

Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) ("Kinbauri") today announced that its Board of Directors has unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX: ORV) ("Orvana") as described in a take-over bid circular dated May 25, 2009, and that shareholders NOT TENDER their Kinbauri shares to the Orvana offer. The Board's recommendation, Kinbauri's Special Committee's assessment of the Orvana offer and the reasons for the recommendation to reject the Orvana offer are set out in a Directors' Circular which has been mailed to Kinbauri shareholders and may be viewed in its entirety on www.sedar.com and on Kinbauri's newly launched website www.kinbaurimaximized.com.

"After a full and thorough review by our Board, our Special Committee and our financial and legal advisors, our Directors were unanimous in recommending rejection of the Orvana offer," said Brian McEwen, Director and member of the Special Committee. "Our Board believes the Orvana offer is inadequate and fails to reflect the true value of Kinbauri and its flagship El Valle Project."

The Special Committee has initiated a process that it believes should crystallize superior value for all shareholders. The strong interest that has been expressed to date demonstrates that Kinbauri has a superior asset and an excellent future. The Committee intends to surface all expressions of interest and present shareholders with a transaction that clearly maximizes shareholder value.

Kinbauri's Board of Directors cited the following reasons to reject the offer:

- The Orvana offer significantly undervalues Kinbauri's advanced stage El Valle Project, and its growth potential. A recent scoping study assigned a net present value to the El Valle Project of $237 million - Orvana is offering only $33 million for the entire company.

- The EL Valle Project is expected to begin production in 2010 with an anticipated annual output of approximately 145,000 of gold equivalent ounces. The project is located in a highly prospective gold region with many opportunities to expand our current resource base. Orvana is pressuring Kinbauri shareholders to tender their shares before we reach production and generate greater value for our shareholders.

- The El Valle Project has infrastructure in place with a replacement cost of over $100 million and an experienced mining team on the ground in Spain. This team is familiar with the assets and is skilled at advancing projects and operating mines. By tendering to the Orvana offer you may forego significant value upside.

- The Orvana offer is financially inadequate. Gryphon Partners Canada Inc. has provided an opinion that, as of June 5, 2009, the consideration under the Orvana offer is inadequate from a financial point of view to Kinbauri's shareholders.

- The Orvana offer is conditional and not a firm offer.

- The Orvana offer is not a "Permitted Bid" under Kinbauri's shareholder rights plan.

- Kinbauri's officers and directors are rejecting Orvana's offer. None of Kinbauri's directors and officers will tender their common shares to the Orvana offer. A major independent shareholder, holding approximately 8 percent of the common shares outstanding, has communicated to the Board that they will not tender their shares to the Orvana offer.

If you agree with the Board's recommendation, you do not need to take any action. For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

Kinbauri also announces today the launch of the website www.kinbaurimaximized.com which provides presentations and documents that explain why Kinbauri shareholders should reject the inadequate hostile takeover bid from Orvana Minerals.

Note Regarding Forward-Looking Statements

This press release and other written or oral communication from the Company may include certain statements that may be considered "forward-looking statements" within the meaning of that phrase under Canadian securities laws. Statements other than historical facts that address possible future events, plans or developments are forward-looking statements. Such statements may be identified by the use of words such as "will", ""may", "expects", "estimate", "intend" or the use of the future or conditional tense. Certain material factors or assumptions were applied in drawing our conclusions and making those forward-looking statements. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. Readers are cautioned that risks may change or new risks may emerge. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com and available on the Company's website at www.kinbauri-gold.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

CONTACT INFORMATION:

Kinbauri Gold Corporation
Dr. Vern Rampton, P. Eng.,
President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

or

Barnes McInerney Inc.
Daniel Weinerman
416-367-5000 ext. 248
dweinerman@barnesmcinerney.com
www.kinbauri-gold.com

OTTAWA, ONTARIO-(June 5, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB) (FRANKFURT:3KG.DE) announces that, after a review of materials provided by Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) with respect to the funding commitments relating to the proposed transaction between Glen Eagle and Kinbauri, the directors of Kinbauri advised Glen Eagle that they did not receive sufficient comfort that the new funding arrangements necessary to complete the transaction were available. After carefully considering the information provided by Glen Eagle in the context of the takeover bid by Orvana Minerals Inc. ("Orvana") and the application by Jaguar Financial Corporation ("Jaguar") Kinbauri advised Glen Eagle that the agreement between the parties had come to an end.

Glen Eagle has advised that it does not accept Kinbauri's position and is considering its options. As a result, Kinbauri has decided to allow the matter to be determined in a court of law at the same time as the application brought by Jaguar scheduled to be heard on June 17, 2009.

The special committee of independent directors (the "Special Committee") continues to evaluate the takeover bid commenced by Orvana Minerals Corp., consider other alternatives and will make a recommendation to the board of directors in the near future. Kinbauri expects to mail its directors' circular containing its recommendation next week.

Jaguar has amended its application commenced in the Ontario Superior Court of Justice against Kinbauri, its wholly-owned subsidiary, Kinbauri Espana S.L., ("Espana"), the directors of Kinbauri, Glen Eagle and Paradise Peaks Holdings to request that: the board of directors of Kinbauri be removed and a new board be appointed; and an investigation be commenced to determine the ultimate source and terms of funding to be provided for the proposed transaction with Glen Eagle.

In the interim, Kinbauri encourages shareholders not to take any action with respect to the offer.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. NEITHER 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.

CONTACT INFORMATION:

Kinbauri Gold Corp.
North America - Dr. Vern Rampton, P. Eng.
President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

OTTAWA, ONTARIO-(June 4, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that it has been informed by Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) that due to the court application commenced in connection with its proposed transaction with Glen Eagle announced on May 12, 2009, the original funding arrangements made by Glen Eagle are no longer available. Glen Eagle and Paradise Peak Holdings have indicated that they remain committed to closing the transaction with Kinbauri and are in the process of making new financial arrangements. Glen Eagle has advised that it will provide confirmation of its new funding arrangements by the close of business today.

The special committee of independent directors (the "Special Committee") is evaluating the takeover bid commenced by Orvana Minerals Corp. and will make a recommendation to the board of directors. Kinbauri expects to mail its directors' circular containing its recommendation next week.

In the interim, the Company encourages shareholders not to take any action with respect to the offer.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

CONTACT INFORMATION:

North America
Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

Dear Kinbauri Shareholders,

In our continuing efforts to provide you with broader investor communications, we are pleased to present to you the latest installment of "Beyond the Press Release" with the President & CEO of Kinbauri Gold Corp., Dr. Vern Rampton.

In this latest installment, Dr. Rampton discusses the significance of the Company’s May 29, 2009 press release:

Kinbauri Receives Validation of Revised Mine Plan From Independent Consultant

In addition to recent Company developments.

Click here to listen to the interview

Regards,
AGORACOM

OTTAWA, ONTARIO-(May 29, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB) (FRANKFURT:3KG.DE), further to its press releases of May 11th and May 12th, 2009, is pleased to announce that Scott Wilson Mining . ("SWM") has completed its review of Kinbauri's revised mine plan for the El Valle/Carles Project (the "Project") which:

- Advances the date of first gold pour to 12 months from the start of development.

- Significantly reduces pre-production capex.

The revised plan was prepared by Kinbauri based on the Scoping Study by SWM, filed on April 20th, 2009 ("the Scoping Study"). SWM concluded that there are no fatal flaws to the revised mine plan completed by Kinbauri. The following table compares key assumptions and results from the Scoping Study and Kinbauri's revised plan;

The revised plan provides early access to the top of the 107 Area ("A107") with the result that a larger proportion of high grade ore will be processed in the early stages of the Project. The Upper A107 was scheduled for mining at a later time in the Scoping Study's mine life, as mineralization in this area is classified as Inferred. The revised plan, has allowed for upgrade drilling to convert the A107 mineralization to Indicated, as well as an allowance for test mining. Successful upgrading of the A107 Inferred material is key to the success of the revised plan. Initial production from A107 will be supplemented with ore from the present decline and with production from the re-opened Carles underground mine.

Cautionary Statement as Required by NI 43-101, Sect 2.3 (3): These assessments are preliminary in nature; they include Inferred mineral resources that 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 no certainty that the preliminary assessments will be realized because mineral resources that are not mineral reserves do not demonstrated economic viability.

Dr. Rampton, Kinbauri's President and CEO, commented "We are extremely pleased that Scott Wilson has verified the viability of the revised mine plan that our engineering team developed subsequent to receipt of the Scoping Study. Reduction of the pre-production capex in combination with funds to be provided by the Glen Eagle transaction significantly reduces the need for future financing. The Project can look forward to production in 2010 with robust annual after-tax cash flows

This press release has been prepared by Dr. Vern Rampton, P. Eng., President and CEO in his capacity as a qualified person. Dr. Rampton will record a "Beyond the Press Release" webcast concerning the revised mine plan at El Valle/Carles on Kinbauri's Investor Relation site at http://www.agoracom.com/IR/kinbauri on May 29th. This release has also been reviewed and approved by SWM.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
North America - Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.
President
613-836 2594
Fax: 613-831 2730
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

INVESTEL
Europe - Ruediger (Rudy) Hnyk
CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO--(May 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that further to its press release of earlier today, Kinbauri has closed its previously announced private placement of 6,000,000 Units at a price of $0.50 per Unit for gross proceeds of $3,000,000. Each Unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.70 until May 26, 2010. Kinbauri paid finder's fees consisting of $156,000 and 312,000 compensation warrants. Each compensation warrant entitles the holder to acquire one Unit at a price $0.50 per Unit until May 26, 2010. All securities will be subject to a four month hold period from the date of the closing. The proceeds of this financing will be used for general working capital purposes.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact

North America
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com
www.kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836-2594
613-831-2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(May 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) has been advised that Orvana Minerals Corp. ("Orvana") has filed documents with Canadian securities regulatory authorities regarding an unsolicited offer to acquire all of the outstanding shares of Kinbauri.

The Independent Committee appointed by the Company's Board of Directors is in the process of engaging a financial advisor to provide independent financial advice regarding the Orvana bid and the Company's strategic alternatives. Legal counsel for the Independent Committee is Wildeboer Dellelce LLP and Groia and Company.

The Orvana offer states that it is open for full acceptance until June 30th, 2009. The Board of Directors recommends that shareholders do not take any action (including the tendering of shares) with respect to Orvana's unsolicited offer, until the Independent Committee has completed its review and the Board of Directors has had an opportunity to fully evaluate the offer and communicate its views to shareholders. The Board will file and mail a Directors' Circular with its recommendations to shareholders in due course.

As previously disclosed, Jaguar Financial Corporation ("Jaguar") has brought an action against Kinbauri and other parties, among other things, seeking an order restraining or setting aside Kinbauri's transaction with Glen Eagle Resources Inc. (the "Glen Eagle Transaction"). Kinbauri is vigorously opposing such application. In order for the application to be dealt with in an orderly manner, each of Kinbauri and Glen Eagle has agreed not to complete the Glen Eagle Transaction until the Court has heard and ruled on the application. Oral arguments in respect of the applications are anticipated to be heard in the middle of June, 2009.

Further to the Company's press release on May 14, 2009, the Company has now received conditional approval from the TSX Venture Exchange for its private placement of up to 6,000,000 units at a price of $0.50 per unit. Each unit consists of one common share of the Company and one-half of a share purchase warrant exercisable for a period of one year at an exercise price of $0.70 per share. The private placement is expected to close today.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

For more information, please contact

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836 2594
613-831 2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

OTTAWA, ONTARIO - (May 22, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) would like to advise its shareholders of the following items regarding the recent legal actions of Orvana Minerals Corp. ("Orvana") and Jaguar Financial Corporation ("Jaguar"). These actions were disclosed in Kinbauri's press release dated May 20, 2009. Kinbauri strenuously and categorically denies the allegations and intends to vigorously defend these actions.

In particular, Kinbauri would draw attention to the following:

- Kinbauri's board of directors (the "Board") struck a Strategic Review Committee in October, 2008 to explore various options for Kinbauri, including a merger, joint venture or other forms of financing to advance the El Valle/Carles Mine development. M Partners Inc. were chosen to act as financial advisors and facilitate the process. Orvana was one of the participants in the process, but the proposal of Glen Eagle Resources Inc. was clearly superior for Kinbauri in the judgement of the Board. The Board accepted Glen Eagle's proposal (the "Glen Eagle Transaction") and proceeded on April 17, 2009 to enter into a binding letter of intent and, subsequently, on May 12, 2009 a definitive agreement. An early closing of the Glen Eagle Transaction was a necessity due to the financial requirements to initiate Kinbauri's mine development plan. Closing of the Glen Eagle Transaction is scheduled for the end of May, 2009, subject to any contrary order of the court.

- The Board decided on April 21, 2009 that a further private placement (the "Private Placement") was required to assist Kinbauri in fulfilling its business plans and filed notice (the "Notice") with the TSXV on the same date. The only material change between the Notice and the Private Placement, which is scheduled to close today or Monday, May 25, 2009, is the price per unit, which has been increased from $0.40 to $0.50 due to positive market activity.

- Jaguar's application in connection with the Glen Eagle Transaction (the "Jaguar Application") is based on the premise that Orvana has initiated a take-over bid for Kinbauri. In fact, as of the date of this press release, Orvana has not commenced a take-over bid, rather it has simply said it "intends" to make its bid on or before May 25, 2009, subject to numerous caveats.

- In an effort to ensure that Jaguar's interest in Kinbauri is not diluted by the Private Placement, Jaguar was offered the opportunity to participate in the Private Placement. Jaguar declined Kinbauri's offer.

- Orvana has now requested that its application to the Ontario Securities Commission be put "in abeyance" pending the decision of the Ontario Superior Court regarding the Jaguar Application.

- Orvana and Jaguar have made a number of erroneous statements as to Kinbauri's operations and activities. The true nature of these are outlined in Kinbauri's press releases of May 12th and May 13th (see also www.kinbauri-gold.com).

- If, as and when Orvana initiates a take-over bid for Kinbauri, the Board will deal with it fairly and in accordance with its obligations.

- All actions that Kinbauri has undertaken throughout its strategic review process, and to date, have been properly disclosed and have been taken in the best interests of the Corporation.

The Board has struck an Independent Review Committee as a result of Orvana's and Jaguar's actions and has retained Wildeboer Dellelce LLP and Groia & Company as its legal counsel. The Board intends to engage a financial advisor in the event Orvana makes its offer. It continues to manage the business of Kinbauri in the ordinary course and with the intention of completing the Glen Eagle Transaction and carrying on with bringing the El Valle/Carles Mine development into production.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 53,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.,
President
(613) 836-2594
Fax: (613) 831-2730
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Brian McEwen, P Geol.,
Director
(613) 836-2594
Fax: (613) 831-2730
bmcewen@kinbauri-gold.com
www.kinbauri-gold.com