TORONTO, ONTARIO--(Marketwire - Jan. 5, 2011) - Centaurus Capital LP ("Centaurus") announces that on January 4, 2011, through funds it manages, it acquired control of 3,585,000 common shares of Farallon Mining Ltd. ("Farallon") representing approximately 0.75% of the issued and outstanding common shares of Farallon. The total number of common shares of Farallon controlled by Centaurus, through funds it manages, together with all persons and companies acting jointly or in concert with Centaurus, is now 24,721,500, representing approximately 5.19% of the issued and outstanding common shares of Farallon. Centaurus acquired all of its common shares of Farallon since the announcement of the proposed take-over of Farallon by Nyrstar NV on November 15, 2010. Centaurus has acquired 22,310,500 common shares of Farallon since the formal commencement of the take-over bid on November 23, 2010. 

Centaurus acquired the common shares in the open market through the facilities of the Toronto Stock Exchange. Centaurus acquired the common shares for investment purposes only. Centaurus may, depending on market and other conditions, acquire or sell further common shares from time to time for such investment purposes.

Centaurus is a private investment management company with an emphasis on Europe. We manage assets by selectively investing capital on the basis of a rigorous bottom-up fundamental approach. As part of our flexible multi-strategy approach, we make investments in equity and credit securities of companies that are undergoing significant corporate events or are experiencing other major changes.

Contact Information: Centaurus Capital LP
Paul Leary
Chief Operating Officer
+44 (0) 20 7852 3830
+44 (0) 20 7852 3850 (FAX)
33 Cavendish Square
London, United Kingdom