LONGUEUIL, QUEBEC--(Marketwired - April 11, 2013) - Cerro Resources NL (Cerro or Company)(ASX:CJO)(TSX VENTURE:CJO) wishes to advise that due to Court scheduling, the date for the Second Court Hearing for approval of the Schemes (as described in Cerro's announcement on March 22, 2013 and the Scheme Booklet) has been changed.

Importantly, the date, time and venue for the meetings of Cerro's shareholders and option holders remain unchanged. That is, all meetings for this matter will continue to be held on Tuesday, 30 April 2013 in the Surveyor's Room, Ground Floor, Treasury Casino (Hotel Building), 130 William Street, Brisbane Queensland, 4000, with the first meeting (being the General Meeting) commencing at 10am (Brisbane time).

The new date for the Second Court Hearing and subsequent dates, including the new Record Date, are set out in the following table.

Please note, this timetable and the dates noted (including references to dates through the Scheme Booklet) are indicative only, are subject to change and among other things, are subject to all necessary approvals being obtained. Cerro may vary any of these times and dates without directly notifying Cerro Shareholders and Cerro Optionholders. Any further changes to the timetable will, however, be announced through the ASX, TSXV and notified on Cerro's website at [ www.cerroresources.com ].

All times and dates referred to are times and dates in Brisbane, Australia, unless otherwise indicated.

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