GUYANA PRECIOUS METALS INC. ANNOUNCES NAME CHANGE

TORONTO, August 28, 2013 – Guyana Precious Metals Inc. (the “Company”) (TSXV:GPM),

is pleased to announce that it has filed articles of amendment to change its name to “GPM Metals Inc.”. The Company will commence trading under its new name on the TSX Venture Exchange at the open on Thursday, August 29, 2013. There will be no change to the existing stock symbol of the Company as a result of the name change.

About GPM

GPM is led by an experienced management team with demonstrable project generation and development talents. GPM holds a 100% interest in two of the four historical past gold producers in the country of Guyana. GPM maintains an interest in acquiring additional key mineral exploration and development properties worldwide. GPM Metals Inc. holds approximately Cdn$4,700,000 in cash

For further information contact:

 GPM Metals Inc.

Suite 1205

141 Adelaide Street West

Toronto, Ontario M5H 3L5

Attn: John Patrick Sheridan

Tel: (416) 368-0705

Fax: (416) 628-6835

E-mail: info@gpmgold.com

Forward Looking Statements

All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the potential future trading date of the securities of the Company under its new name, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.