PPM Pacific Imperial Mines Inc

Pacific Imperial Mines Inc. ("PPM") (TSX VENTURE:PPM.H) announces that it has
entered into a binding letter of intent to sell its interest in its wholly owned
Brazilian subsidiary, Pacific Imperial Mines Brazil ( PIMB) to Mr. Licurgo
Albuquerque.


PIMB's assets include the right to acquire 100% interest in properties held by
Companhia Baiana de Pesquisa Mineral (CBPM) in the Marcionilio Souza area, Bahia
State, Brazil as well as working capital of R 10,050.


The decision to sell PIMB was made to minimize expenditures during the current
difficult investment climate.


The consideration to be paid to PPM consists of a 2% Net Smelter Royalty on any
future production from the CBPM properties and an indemnity of the purchaser in
favour of PPM against all losses or damages sustained or incurred by PPM in
relation to PIMB or its properties after the closing date.


The sale and purchase of PPM's interest in PIMB is conditional on receipt of
shareholder and TSX Venture Exchange approval. The Annual and Special Meeting of
Shareholders is set for November 25, 2013.


Upon completion of the sale of PIMB, PPM intends to seek new business
opportunities to pursue in the future.


On behalf of the Board of Directors 

PACIFIC IMPERIAL MINES INC.

H. Leo King, President and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange), accept
responsibility for the adequacy or accuracy of this News Release. This news
release has been prepared by management and no regulatory authority has approved
or disapproved the information contained herein.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Imperial Mines Inc.
Leo King
President
604-669-6332
604-681-5910 (FAX)
investor@pacificimperialmines.com

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