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Sutter Gold Closes Final Tranche on Non-Brokered Private Placement

Jan 16, 2013

Sutter Gold Mining Inc. (TSX VENTURE:SGM)(OTCQX:SGMNF) (“Sutter” or the “Company”) announces that, further to its news releases dated January 4, 2013, December 28, 2012, November 14, 2012 and October 18, 2012, the Company has completed the second and final tranche of a non-brokered private placement (the “Private Placement”) of an aggregate of 506,634 common shares at a price of US$0.30 per common share for gross proceeds of USD$151,990.20.

All common shares issued pursuant to the Private Placement are subject to a four-month hold period expiring May 16, 2013. Completion of the Private Placement is subject to the approval of the TSX Venture Exchange. Sutter will apply the net proceeds from the Private Placement towards continued advancement of the Lincoln Mine project and general working capital purposes.

http://www.suttergoldmining.com/s/NewsReleases.asp