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B2Gold Corp. press release

Perseus Mining Limited - June 2012 Quarterly Activity Report / Guidance Conference Call

TSX - Toronto Stock Exchange · Gold · Canada

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

PERTH, Western Australia, July 16, 2012 /CNW/ - Perseus Mining Limited ("Perseus" or the "Company") (TSX & ASX:PRU)is hosting a conference call to discuss the Quarterly Activity Report for the period ended 30 June 2012 and guidance for the financial year ending 30 June 2013, which is anticipated for release around 8.30am, Australian EST, Wednesday, 18 July 2012.

Conference Call details are as follows:

Date: Wednesday, July 18 2012 Time: (Perth - 7.30am) (Sydney - 9.30am) Canadian Eastern Time 7.30pm, Tuesday, July 17 2012 (Toronto - 7.30pm) (GMT - 11.30pm, Tuesday, July 17 2012)

Audio Access Code: 553646#

Topic: June 2012 Quarterly Activity Report / Guidance

| | Audio Access Dial in numbers:

Australia: 1800 030 272 Canada: 1866 307 0658 or +1 514 315 5768 International: +61 2 9001 2120 Hong Kong: 800 966 937 or +852 5808 2597 Singapore: 800 616 2293 or +65 3158 2703 Switzerland: 0800 000 601 or +41 225927623 New Zealand: 0800 264 303 or +64 93652890 United Kingdom: 0800 051 8258 or +44 203 364 5204 United States: 1855 717 2650 or +1 240 254 3160

In order to ask a question during the Live Question and Answer Session, please press 0 then 1 on your telephone keypad in order to enter the Q&A queue. To withdraw your question simply key 0 then 2. |

NOTE: In order to join this conference call, all participants will be required to provide the Audio Access Code Number listed above |

The conference call will feature Managing Director and Chief Executive Officer, Mark Calderwood, and Chief Financial Officer, Jeffrey Quartermaine. The audio cast can also be accessed via Perseus's website at www.perseusmining.com.

Perseus Mining Limited ABN 27 106 808 986 Level 2, 437 Roberts Road Subiaco WA 6008 PO Box 1578 Subiaco WA 6008 Telephone: +61 8 6144 1700 Facsimile: +61 8 6144 1799 Email:info@perseusmining.com Website:www.perseusmining.com

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