Brades Resource Corp. ("Brades" or the "Company") (TSX VENTURE:BRA) is pleased
to announce that it has entered into a purchase and sale agreement with Ryan
Kalt and Johnathan More, dated July 15, 2013 (the "Purchase Agreement")
regarding the Lorne Lake uranium property (the "Property") located in northern
Saskatchewan. Under the terms of the Purchase Agreement and subject to TSX
Venture Exchange (the "Exchange") acceptance, Brades will acquire an undivided
100% interest in the Property, save and except for a 2% net smelter return
royalty, in consideration for the issuance of in aggregate 3.5 million common
shares in its capital at a deemed purchase price of $0.10 per common share, of
which, 2.5 million common shares will be issued to Mr. Kalt and 1 million common
shares will be issued to Mr. More. In addition, the Company will grant to Mr.
Kalt a 2% net smelter return royalty on the Property. Each of Mr. Kalt and Mr.
More are "arm's length parties" within the meaning of the Exchange policies,
however, upon the close of the transaction, Mr. Kalt will be an insider of the
Company.


Cheryl More, Brades' President and CEO, stated, "The Lorne Lake property is
located in the prospective Athabasca Basin with regional proximity to Cameco's
Centennial Deposit to the east and the Patterson Lake South discovery by Alpha
Minerals/Fission Uranium to the west. This is an attractive opportunity for the
company to pursue, with the potential to be an important addition to our BRC
copper-gold property located in northwestern British Columbia."


The Property consists of 15 contiguous mineral claims comprising of
approximately 97,500 acres in Saskatchewan's Western Athabasca Basin. The
Property covers favorable geology located inside the Basin at shallow to
moderate depth and is the host not only to Lorne Lake but also Worden Lake and
Bonazew Lake. It is host to extensive regional faulting and lineaments and
covers one of only three identified cross-cutting major fault structures located
in the Western Athabasca Basin. These faults and lineaments parlay over
favorable magnetic geophysical data, a combination which has been highly
conducive to past uranium discoveries in the Basin.


The technical disclosure in this news release has been reviewed by Dr. Harrison
O. Cookenboo, Ph.D., P. Geo., a director of the Company, who is a "qualified
person" within the meaning of National Instrument 45-103.


Brades is a junior exploration and development company with a focus of
operations on Canadian resource properties. Brades is currently advancing its
BRC porphyry copper-gold property in the Iskut River District, northwestern
British Columbia. The BRC property covers 14,133 ha. and exhibits mineralization
and alteration features that are similar to the Teck - Novagold Galore Creek
deposit and the Imperial Metal Red Chris deposit in northwestern BC.


ON BEHALF OF THE BOARD

Cheryl More, President and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.


This news release includes certain statements that constitute "forward-looking
information" within the meaning of applicable securities law, including without
limitation, statements that address the timing and content of upcoming work
programs, geological interpretations, receipt of property titles and
exploitation activities and developments. Forward-looking statements address
future events and conditions and are necessarily based upon a number of
estimates and assumptions. While such estimates and assumptions are considered
reasonable by the management of the Company, they are inherently subject to
significant business, economic, competitive and regulatory uncertainties and
risks, including the Company's working capital availability and approval by the
TSX Venture Exchange of any shares to be issued by the Company and, accordingly,
may not occur as described herein or at all. Actual results may differ
materially from those currently anticipated in such statements. Factors that
could cause actual results to differ materially from those in forward looking
statements include market prices, exploitation and exploration successes, the
timing and receipt of government and regulatory approvals, and continued
availability of capital and financing and general economic, market or business
conditions. Readers are referred to the Company's filings with the Canadian
securities regulators for information on these and other risk factors, available
at www.sedar.com. Investors are cautioned that forward-looking statements are
not guarantees of future performance or events and, accordingly are cautioned
not to put undue reliance on forward-looking statements due to the inherent
uncertainty of such statements.


Issued and Outstanding: 14,089,665

FOR FURTHER INFORMATION PLEASE CONTACT: 
Brades Resource Corp.
Cheryl More
President and CEO
(604) 687-7740
(604) 681-0796 (FAX)