UPDATED SHARE CAPITAL AND VOTING RIGHTS FOR BLACKPEARL

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| Source: BlackPearl Resources Inc.
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CALGARY, ALBERTA - BlackPearl Resources Inc. (“BlackPearl” or the "Company") (TSX:PXX) (NASDAQ OMX Stockholm:PXXS)

In accordance with the Swedish Financial Instruments Trading Act, BlackPearl announces the following:

As a result of the exercise of employee stock options, as at January 31, 2014, the number of issued and outstanding shares of the Company is 300,800,808 common shares with voting rights.

 

         For further information, please contact:
         John Festival - President and Chief Executive Officer, Tel.: (403) 215-8313
         Don Cook - Chief Financial Officer, Tel: (403) 215-8313