PERTH, WESTERN AUSTRALIA–(Marketwired – Feb. 26, 2016) –

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Perseus Mining Limited (TSX:PRU)(ASX:PRU) is hosting a conference call at 10:30am AEST on Monday February 29, 2016 to provide a company update.

Conference call details are as follows:

Australia: Monday February 29, 2016

(Perth – 7:30am)

(Sydney/Melbourne – 10:30am)

Canada: Sunday February 28, 2016

(Toronto – 6:30pm)

(Vancouver – 3:30pm)

UK: Sunday February 28, 2016

(London – 11:30pm)

Conference ID: 464265

Listen online: http://boardroom.media/broadcast/?refid=&eid=56ce7fbf19eabcfb0738a6aa

Audio Access Dial in numbers: Australia: 1800 558 698 Hong Kong: 800 966 806 Singapore: 800 101 2785 Canada: 1855 8811 339 New Zealand: 0800 453 055 United Kingdom: 0800 051 8245 United States: 1855 8811 339

In order to ask a question during the Live Question and Answer Session, please press 0 then 1 on your telephone keypad in order to enter the Q&A queue. To withdraw your question simply key 0 then 2.

The conference call will feature Managing Director Jeffrey Quartermaine. The audio cast can also be accessed via Perseus’ website at www.perseusmining.com.