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Englewood Management Group Ltd. Acquires Shares of Mezzotin Minerals Inc.

TORONTO, ONTARIO -- (Marketwired) -- 04/04/14 -- Englewood Management Group Ltd. ("Englewood"), a private company located at 2nd Floor, O'Neal Marketing Associates Building, Wickhams Cay II, P.O. Box 3174, Road Town, Tortola, British Virgin Islands, has acquired direct ownership of 25,000,000 common shares ("Common Shares") and 15,000,000 Common Share purchase warrants ("Warrants") of Mezzotin Minerals Inc. (TSX VENTURE: MEZ) ("Mezzotin") from Konstantine Resources Ltd. ("Konstantine") in a private sale transaction (the "Purchase"). Both Englewood and Konstantine are companies controlled by Mr. Paul Ekon, President and Chief Executive Officer of Mezzotin. The Common Shares and Warrants acquired pursuant to the Purchase were purchased for aggregate cash consideration of $1.00.

After giving effect to the Purchase, Englewood directly holds approximately 51.0% of the outstanding Common Shares. On a partially diluted basis, Englewood would directly hold approximately 62.5% of the then outstanding Common Shares. The percentage of issued and outstanding Common Shares held by Englewood on a diluted basis as set out above has been calculated on a partially diluted basis, reflecting the exercise of the Warrants held by Englewood which are exercisable to acquire an equal number of Common Shares and no other increases in the issued and outstanding Common Shares.

For purposes of calculating the percentage of Common Shares owned by Englewood, Englewood has assumed that there were 48,979,100 Common Shares outstanding, based on public filings of Mezzotin.

Englewood acquired the Common Shares for investment purposes. Either Englewood or any joint actors may from time to time acquire ownership of, or control over, additional securities of Mezzotin, dispose of some or all of the existing or additional securities of Mezzotin that either Englewood or any joint actors owns or controls, or may continue to own or continue to own or control the current position.

For more information or to obtain a copy of the early warning report that has been filed on SEDAR in connection with the acquisition, please contact Paul Ekon.

Contacts:
Englewood Management Group Ltd.
Paul Ekon
Manager
+44 7778 778888

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