BBS.H Black Bull Resources Inc

Black Bull Resources Inc. (TSX VENTURE:BBS.H) has re-filed its Interim Report
including the Financial Statements and Management's Discussion & Analysis for
the second fiscal quarter ended March 31, 2013. 


As a result of a review by the British Columbia Securities Commission we are
issuing the following press release to clarify our disclosure. 


The clarifications bring the Company's quarterly Financial Statements and MD&A
into compliance with the disclosure requirements under International Financial
Reporting Standards ("IFRS"). 


It is noted there were no material changes to the financial statement numbers.
Changes made were on a disclosure basis. 


The Company also announces, it has released its Interim Report including the
Financial Statements and Management's Discussion & Analysis for the third fiscal
quarter ended June 30, 2013. 


The Company recorded a net and comprehensive loss for the three month period of
$52,200 versus $50,091 for June 30, 2012, or ($0.00) per share versus ($0.01).
Allowing for non-cash operating expense of $4,160 compared to $4,574 for June
30, 2012 the Company's operational cash flow was ($48,040) versus ($45,517) for
June 30, 2012. 


On a year to date basis The Company recorded a net and comprehensive loss for
the year to date of $145,315 versus $148,458 to June 30, 2012, or ($0.00) per
share versus ($0.00). Allowing for non-cash operating expense of $13,723
compared to $66,623 to June 30, 2012 the Company's operational cash flow was
($132,851) versus ($134,737) to June 30 2012. 


The Company had no sales during the quarter as Black Bull Resources Inc. was in
shut down mode while continuing to seek longer term strategic options for its
reserves. The focus continues to be to reduce cash burn to allow the Company to
seek other options. It is clear that much uncertainty remains regarding the
viability of Black Bull Resources Inc.


The Company continues to pursue strategic options which may include the
consolidation of shares of the Company at 30:1 which was approved at the AGM in
May 2012 by the Shareholders subject to regulatory approval.


A complete set of Black Bull's Financial Statements, Notes to the Consolidated
Financial Statements and Management's Discussion and Analysis for the period
ended June 30, 2013 have been filed on SEDAR at www.sedar.com.


About Black Bull Resources Inc.

Black Bull Resources Inc. is a Canadian mining company based in Nova Scotia that
owns the White Rock Mine near Shelburne. Prior to suspension of operations, the
mine produced a unique, bright, white, high-purity quartz, marketed under the
Scotia White(TM) trademark which is used in a range of value-added, specialty
products. 


The White Rock Property also contains an identified resource of kaolin and mica. 

Further detailed information may be obtained from the Company's website
www.blackbullresources.com or corporate filings at www.SEDAR.com. 


FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking
statements. All statements, other than statements of historical fact, included
herein, including without limitation statements regarding the Company's mining
properties, development results or future plans, 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. Factors that
could cause actual results or events to differ materially from current
expectations include, among other things, changes in mineral prices,
fluctuations in currency exchange rates, uncertainties relating to the
availability and costs of financing needed in the future, the capital and
operating costs varying significantly from estimates, delays in the development
of projects, as well as those risk factors discussed or referred to in
Management's Discussion and Analysis under the heading "(Risks and
Uncertainties)" and other documents filed from time to time with the securities
regulatory authorities in all provinces and territories of Canada and available
at www.sedar.com.


Although the Company has attempted to identify important factors that could
cause actual actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors that cause
actions, events or results not to be anticipated, estimated or intended. There
can be no assurance that forward-looking statements will prove to be accurate,
as actual results and future events could differ materially from those
anticipated in such statements. Unless required by law, the Company undertakes
no obligation to update forward-looking statements if circumstances or
management's estimates or opinions should change. Accordingly, readers are
cautioned not to place undue reliance on forward-looking statements.


THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Black Bull Resources Inc.
Joseph MacDonald
President & CEO
902-631-2129
www.blackbullresources.com

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