Creating a Financially Strong Copper Growth Story VANCOUVER, April 17, 2011 - Capstone Mining Corp. ("Capstone" or the "Company") (TSX: CS) and Far West Mining Ltd. ("Far West") (TSX: FWM) have entered into a definitive agreement (the "Agreement") pursuant to which Capstone will acquire all of the issued and outstanding common shares of Far West, by way of a court-approved plan of arrangement. Under the terms of the Agreement, Far West shareholders will be entitled to elect to receive, in exchange for each Far West share held, 1.825 shares of Capstone and C$1.00 in cash. The consideration implies a total transaction value of approximately C$725 million. The consideration represents a total of C$9.19 per Far West share, based on the volume weighted average price of Capstone shares on the TSX for the 30 trading days ended April 15, 2011 and a premium of 30% to the volume weighted average price of Far West shares on the TSX for the same period.
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