DGM

DGM Minerals Corp. ("DGM" or the "Company") (TSX VENTURE:DGM) announced today
that it has executed a letter of intent (the "LOI") with Mr. Guy Pinsent under
which the Company will acquire 100% of Mr. Pinsent's right to purchase certain
self-storage assets in the Czech Republic and Poland (the "Assets").


Among the Assets are five self-storage stores, two located in Warsaw and three
located in Prague. In the case of four of the five stores, DGM would also be
purchasing the attached real estate. The purchase would make DGM the largest
self-storage chain in Central Europe, which is a region management believes is
poised for enormous short and long-term growth in the self-storage sector. 


Option to Acquire Central European Self-Storage Assets

Mr. Pinsent secured the right to purchase the Assets pursuant to a letter
agreement dated as of October 29, 2013. Under the letter agreement, Mr. Pinsent,
with other purchasing principals including Mr. William Palmer and Mr. Roger Orf,
has the right to purchase the Assets for a purchase price of 14,000,000 Euros. 


Under the LOI, Mr. Pinsent has agreed to assign the right to purchase the Assets
to DGM, subject to DGM, Pinsent and the vendor entering into a definitive
agreement for the purchase of the Assets. In addition to acquiring the option to
purchase the Assets, DGM shall also acquire other assets that Pinsent has
obtained or developed with respect to his acquisition of the Assets, such as
certain intellectual property respecting the business to be conducted following
the successful acquisition of the Assets. The transaction, which will be a
change of business for the Company, will be subject to the review and approval
of the TSX Venture Exchange.


Under the LOI, DGM's acquisition of the Assets is conditional on, among other
things: DGM completing a stock consolidation at a ratio to be determined prior
to execution of the definitive agreement; DGM successfully completing an equity
financing under which it raises no less than $15,000,000; DGM completing a name
change; and completion of the transaction under the terms, conditions and
timelines as stipulated in the letter agreement. The LOI is non-binding, and
DGM's interest in the transaction is subject to DGM entering into a definitive
agreement with Mr. Pinsent and the vendor. 


As consideration for obtaining the option to purchase the Assets and these other
assets developed by Mr. Pinsent, the LOI contemplates the issuance of what
amounts to approximately 20% of the common shares of the company
post-consolidation and post-financing, to Mr. Pinsent's group, which group
includes at least Guy Pinsent, William Palmer, Roger Orf and Peter Smith, who is
a minority partner in Mr. Pinsent's Group and is also President, CEO and a
director of DGM. In addition, it is expected that each of Mr. Pinsent, Mr.
Palmer and Mr. Orf will join DGM's board post-closing, bringing their European
business experience to DGM's board. 


Guy Pinsent is an entrepreneur with a background in investment banking (Citibank
London, branded consumer team with clients including Bacardi, Diageo and British
American Tobacco), the British Foreign Service and real estate investment and
development. Mr. Pinsent was formerly a partner at Personal Storage, a private
British self-storage business, at the time the sixth largest in the UK, before
focussing on the self-storage opportunity in Poland and neighboring markets. Mr.
Pinsent's real estate experience includes head of business development at
Colliers International Poland, and consulting to a wide range or investors and
developers. Mr. Pinsent assisted on the financing, development and sale of
Helical Poland's 'Europa Centralna' retail park, an investment of EUR 115
million delivering 720,000 square feet of retail space (Phase 1), one of the
largest retail developments in Europe. Mr. Pinsent was educated at Eton College
and Cambridge University (Economics MA), lives in Warsaw and speaks fluent
Polish. 


William Palmer is an internationally recognized entrepreneur, operating
executive and real estate professional. He was a pioneering developer of the
European self-storage sector. Moving to London from California in 1986,
Mr.Palmer was the founder and CEO of Access Storage, still, one of Europe's
largest self-storage companies. In 1998 the company was sold to a $1.5 billion
European fund sponsored by Security Capital. Mr.Palmer remained as CEO until
2000. At his departure, the company had 65 stores in the UK, France and Germany,
and an estimated market capitalization of $350 million. With 3.5 million square
feet of storage space Access was the largest self-storage operation in Europe.
Mr.Palmer has over 30 years' real estate experience, including retail,
industrial and office, and is also an investor and executive in several
companies including technology, equipment rental and real estate. Mr. Palmer has
an undergraduate degree from Yale University in Applied Mathematics and an MBA
from Harvard Business School.


Roger Orf is a partner and head of Apollo Global Management's real estate
business in Europe. Mr. Orf has been an active investor in Central and Eastern
Europe including Poland. Prior to joining Apollo in 2010, Mr. Orf spent the
majority of his career investing in the European real estate markets on behalf
of Citigroup, Lone Star, for his own account and at Goldman Sachs. In his last
four years at Goldman Sachs, Mr. Orf headed the European Real Estate Department
and was a member of the European Investment Banking Operating Committee. Mr. Orf
is a Founder of E-Shelter GmbH, a German based data centre business. He is a
member of the University Of Chicago Graduate School Of Business Global Advisory
Board and the Visiting Committee for the University of Chicago Law School. Mr.
Orf holds J.D. and M.B.A. degrees from the University of Chicago, as well as an
Economics BA (magna cum laude) and Phi Beta Kappa from Georgetown University.


The current President and CEO of DGM, Peter Smith, expressed a great deal of
enthusiasm for the prospective deal. "We've been looking for an opportunity for
DGM over the past few months and management feels that this potential
transaction has outstanding potential, both because of the growth opportunity
for self-storage in Central and Eastern Europe and due to the very high quality
and relevant experience of the proposed additions to the board and management on
consummation of the deal. However, there is a lot of work to be done between
now, signing of a definitive agreement and the closing of the transaction.
Management will continue to update the market as we progress." 


About the Company

DGM Minerals Corp. is a Vancouver-based company and has its common shares listed
on the TSX Venture Exchange. For further information, please refer to the
Company's filings on SEDAR (www.sedar.com) or contact the Company by telephone
at 778.999.7030.


ON BEHALF OF THE BOARD

Peter Smith, President and CEO

This update contains "forward-looking information" that is based on the
Company's current expectations, estimates, forecasts and projections. This
forward-looking information includes, among other things, the Company's
business, plans, outlook and business strategy. The words "may", "would",
"could", "should", "will", "likely", "expect," "anticipate," "intend",
"estimate", "plan", "forecast", "project" and "believe" or other similar words
and phrases are intended to identify forward-looking information.


Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the Company's actual results, level of
activity, performance or achievements to be materially different from those
expressed or implied by such forward-looking information. Such factors include,
but are not limited to: uncertainties related to the ability of the Company to
obtain or maintain an interest in a suitable business, property or properties,
changes in economic conditions or financial markets; changes in prices for the
Company's products or increases in costs; litigation, legislative, environmental
and other judicial, regulatory, political and competitive developments;
technological or operational difficulties; and labour relations matters.


This list is not exhaustive of the factors that may affect our forward-looking
information. These and other factors should be considered carefully and readers
should not place undue reliance on such forward-looking information. Except as
required by law, the Company disclaims any intention or obligation to update or
revise forward-looking information, whether as a result of new information,
future events or otherwise.


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 RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
DGM Minerals Corp.
778.999.7030

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