4 July 2014
Targeting Gold Production by Year End
Vancouver, British Columbia July 4, 2014 – Tyhee Gold Corp. (“Tyhee” or the “Company”) (TSX-V:TDC) is pleased to report that the Company has entered into an agreement (the “Implementation Agreement”) with RMB Australia Holdings Limited (“RMB”) and Sutter Gold Mining Inc. (SGM:TSX-V) (SGMNF:OTCQX) (“Sutter”) whereby, subject to certain conditions, Tyhee will acquire: all of the issued and outstanding shares of Sutter currently held by RMB and/or its affiliates; all of the issued and outstanding shares of Sutter that are to be issued to RMB by Sutter upon the proposed conversion of US$8 million of RMB’s current debt exposure to Sutter; and approximately US$17 million of RMB’s additional debt exposure to Sutter (the “Transaction”.) Upon completion of the Transaction, Tyhee will hold approximately 73% of Sutter’s issued and outstanding shares, on a non-fully-diluted basis.