Kinbauri Gold Provides Update on Court Hearing and Update on Review of Strategic Alternatives

OTTAWA, ONTARIO-(June 30, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) advises that its application to have Glen Eagle Resources Inc. ("Glen Eagle") claims summarily dismissed was not approved so the matters will now proceed to arbitration . Kinbauri intends to assert a counter claim against Glen Eagle for substantial damages in the arbitration as well as asking for a dismissal of all of Glen Eagle's claims. Kinbauri expects the reasons of the Court on its application for summary dismissal to be released on Thursday July 2, 2009 and intends to provide further information at that time."

The Special Committee (the "Special Committee") of the Board of Directors of Kinbauri is continuing to conduct a value maximization process that is designed to facilitate the proposal of superior alternatives from the unsolicited offer made by Orvana Minerals Corporation ("Orvana") from qualified third parties. A number of parties have entered into confidentiality and standstill agreements with Kinbauri and are conducting due diligence that includes reviewing materials in an electronic data room and site visits.

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana for the reasons as set out in the directors' circular of Kinbauri dated June 9, 2009.

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Europe:
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(June 29, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) advises that the decision of the presiding Justice on the various matters heard before the Ontario Court of Justice this past Friday will be rendered after the close of market today. Kinbauri will provide an update thereafter.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
(613) 836-2594
Fax: (613) 831-2730
bmcewen@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO - (June 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today provided an update on its review of strategic alternatives to maximize shareholder value in response to the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV) ("Orvana").

The Special Committee (the "Special Committee") of the Board of Directors of Kinbauri is continuing to conduct a value maximization process that is designed to facilitate the proposal of superior alternatives from qualified third parties. A number of parties have entered into confidentiality and standstill agreements with Kinbauri and are conducting due diligence that includes reviewing materials in an electronic data room and site visits.

Gryphon Partners is acting as financial advisor to the Special Committee and Wildeboer Dellelce LLP is acting as legal advisor.

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV) ("Orvana") as described in a take-over bid circular dated May 25, 2009.

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
613-836-2594
Fax: 613-831-2730
bmcewen@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO - (June 11, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) today announced that the transaction with Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle") to invest C$32 million in return for a 45% interest in Kinbauri Espana has been formally terminated by both parties.

"This event has not changed the Board's unwavering commitment to review options to maximize shareholder value," said Brian McEwen, Director and Special Committee Member. "We are in the process of engaging a financial advisor to assist in evaluating strategic options and, with market conditions now much stronger than during the original strategic review, we believe that many more opportunities will be available. We are confident that our efforts will result in a much stronger and more favourable outcome than the current bid of $0.55 per share from Orvana Minerals."

Glen Eagle has advised that it may pursue a claim for damages against Kinbauri. Kinbauri takes the position that no damages are payable to Glen Eagle and, in fact, is considering its options to pursue Glen Eagle for damages. Kinbauri is continuing with its Court Application scheduled for June 17, 2009 against Glen Eagle now only to seek a declaration that it had lawfully brought to an end the transaction by accepting Glen Eagle's repudiation of the Subscription Agreement. (See Press Release dated June 9, 2009)

On June 9, 2009, Kinbauri's Board of Directors unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX:ORV) ("Orvana") as described in a take-over bid circular dated May 25, 2009.

Shareholders do not have to take any action on the Orvana offer and the Kinbauri Board urges you to reject it.

For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

About Kinbauri

Kinbauri (TSX VENTURE:KNB) is a mineral exploration company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding. For more information visit www.kinbaurimaximized.com or www.kinbauri-gold.com

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Mr. Brian McEwen
Director, Special Committee member
(613) 836-2594
Fax: (613) 831-2730
bmcewen@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

TORONTO, ONTARIO - (June 9, 2009) - Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE)

------------------------------------...

A conference call with Management and members of the Board will be held on Tuesday June 9, 2009 at 10:30 a.m. EDT

Presentation available at www.kinbaurimaximized.com

Call in number: 416-644-3424 or 1-800-732-0232

http://events.snwebcastcenter.com/ki...

------------------------------------...

Kinbauri Gold Corp. (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) ("Kinbauri") today announced that its Board of Directors has unanimously recommended that Kinbauri shareholders REJECT the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation (TSX: ORV) ("Orvana") as described in a take-over bid circular dated May 25, 2009, and that shareholders NOT TENDER their Kinbauri shares to the Orvana offer. The Board's recommendation, Kinbauri's Special Committee's assessment of the Orvana offer and the reasons for the recommendation to reject the Orvana offer are set out in a Directors' Circular which has been mailed to Kinbauri shareholders and may be viewed in its entirety on www.sedar.com and on Kinbauri's newly launched website www.kinbaurimaximized.com.

"After a full and thorough review by our Board, our Special Committee and our financial and legal advisors, our Directors were unanimous in recommending rejection of the Orvana offer," said Brian McEwen, Director and member of the Special Committee. "Our Board believes the Orvana offer is inadequate and fails to reflect the true value of Kinbauri and its flagship El Valle Project."

The Special Committee has initiated a process that it believes should crystallize superior value for all shareholders. The strong interest that has been expressed to date demonstrates that Kinbauri has a superior asset and an excellent future. The Committee intends to surface all expressions of interest and present shareholders with a transaction that clearly maximizes shareholder value.

Kinbauri's Board of Directors cited the following reasons to reject the offer:

- The Orvana offer significantly undervalues Kinbauri's advanced stage El Valle Project, and its growth potential. A recent scoping study assigned a net present value to the El Valle Project of $237 million - Orvana is offering only $33 million for the entire company.

- The EL Valle Project is expected to begin production in 2010 with an anticipated annual output of approximately 145,000 of gold equivalent ounces. The project is located in a highly prospective gold region with many opportunities to expand our current resource base. Orvana is pressuring Kinbauri shareholders to tender their shares before we reach production and generate greater value for our shareholders.

- The El Valle Project has infrastructure in place with a replacement cost of over $100 million and an experienced mining team on the ground in Spain. This team is familiar with the assets and is skilled at advancing projects and operating mines. By tendering to the Orvana offer you may forego significant value upside.

- The Orvana offer is financially inadequate. Gryphon Partners Canada Inc. has provided an opinion that, as of June 5, 2009, the consideration under the Orvana offer is inadequate from a financial point of view to Kinbauri's shareholders.

- The Orvana offer is conditional and not a firm offer.

- The Orvana offer is not a "Permitted Bid" under Kinbauri's shareholder rights plan.

- Kinbauri's officers and directors are rejecting Orvana's offer. None of Kinbauri's directors and officers will tender their common shares to the Orvana offer. A major independent shareholder, holding approximately 8 percent of the common shares outstanding, has communicated to the Board that they will not tender their shares to the Orvana offer.

If you agree with the Board's recommendation, you do not need to take any action. For assistance in withdrawing any shares already tendered, or other questions, please contact Laurel Hill Advisory Group, the Information Agent retained by Kinbauri in connection with the Orvana Offer, toll free at 1-888-812-9184 from anywhere in Canada or the United States and collect at 416-637-4661 from outside North America.

Kinbauri also announces today the launch of the website www.kinbaurimaximized.com which provides presentations and documents that explain why Kinbauri shareholders should reject the inadequate hostile takeover bid from Orvana Minerals.

Note Regarding Forward-Looking Statements

This press release and other written or oral communication from the Company may include certain statements that may be considered "forward-looking statements" within the meaning of that phrase under Canadian securities laws. Statements other than historical facts that address possible future events, plans or developments are forward-looking statements. Such statements may be identified by the use of words such as "will", ""may", "expects", "estimate", "intend" or the use of the future or conditional tense. Certain material factors or assumptions were applied in drawing our conclusions and making those forward-looking statements. Forward-looking statements reflect management's current views with respect to possible future events and conditions and, by their nature, are based on management's beliefs and assumptions and subject to known and unknown risks and uncertainties, both general and specific to the Company. Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance and actual results or developments may differ materially from those in our forward-looking statements. Readers are cautioned that risks may change or new risks may emerge. Additional information regarding the material factors and assumptions that were applied in making these forward looking statements as well as the various risks and uncertainties we face are described in greater detail in the "Risk Factors" section of our annual and interim Management's Discussion and Analysis of our financial results and other continuous disclosure documents and financial statements we file with the Canadian securities regulatory authorities which are available at www.sedar.com and available on the Company's website at www.kinbauri-gold.com. The Company undertakes no obligation to update this forward-looking information except as required by applicable law.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

CONTACT INFORMATION:

Kinbauri Gold Corporation
Dr. Vern Rampton, P. Eng.,
President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

or

Barnes McInerney Inc.
Daniel Weinerman
416-367-5000 ext. 248
dweinerman@barnesmcinerney.com
www.kinbauri-gold.com

OTTAWA, ONTARIO-(June 5, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB) (FRANKFURT:3KG.DE) announces that, after a review of materials provided by Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) with respect to the funding commitments relating to the proposed transaction between Glen Eagle and Kinbauri, the directors of Kinbauri advised Glen Eagle that they did not receive sufficient comfort that the new funding arrangements necessary to complete the transaction were available. After carefully considering the information provided by Glen Eagle in the context of the takeover bid by Orvana Minerals Inc. ("Orvana") and the application by Jaguar Financial Corporation ("Jaguar") Kinbauri advised Glen Eagle that the agreement between the parties had come to an end.

Glen Eagle has advised that it does not accept Kinbauri's position and is considering its options. As a result, Kinbauri has decided to allow the matter to be determined in a court of law at the same time as the application brought by Jaguar scheduled to be heard on June 17, 2009.

The special committee of independent directors (the "Special Committee") continues to evaluate the takeover bid commenced by Orvana Minerals Corp., consider other alternatives and will make a recommendation to the board of directors in the near future. Kinbauri expects to mail its directors' circular containing its recommendation next week.

Jaguar has amended its application commenced in the Ontario Superior Court of Justice against Kinbauri, its wholly-owned subsidiary, Kinbauri Espana S.L., ("Espana"), the directors of Kinbauri, Glen Eagle and Paradise Peaks Holdings to request that: the board of directors of Kinbauri be removed and a new board be appointed; and an investigation be commenced to determine the ultimate source and terms of funding to be provided for the proposed transaction with Glen Eagle.

In the interim, Kinbauri encourages shareholders not to take any action with respect to the offer.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. NEITHER 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.

CONTACT INFORMATION:

Kinbauri Gold Corp.
North America - Dr. Vern Rampton, P. Eng.
President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

OTTAWA, ONTARIO-(June 4, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that it has been informed by Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) that due to the court application commenced in connection with its proposed transaction with Glen Eagle announced on May 12, 2009, the original funding arrangements made by Glen Eagle are no longer available. Glen Eagle and Paradise Peak Holdings have indicated that they remain committed to closing the transaction with Kinbauri and are in the process of making new financial arrangements. Glen Eagle has advised that it will provide confirmation of its new funding arrangements by the close of business today.

The special committee of independent directors (the "Special Committee") is evaluating the takeover bid commenced by Orvana Minerals Corp. and will make a recommendation to the board of directors. Kinbauri expects to mail its directors' circular containing its recommendation next week.

In the interim, the Company encourages shareholders not to take any action with respect to the offer.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

CONTACT INFORMATION:

North America
Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

Dear Kinbauri Shareholders,

In our continuing efforts to provide you with broader investor communications, we are pleased to present to you the latest installment of "Beyond the Press Release" with the President & CEO of Kinbauri Gold Corp., Dr. Vern Rampton.

In this latest installment, Dr. Rampton discusses the significance of the Company’s May 29, 2009 press release:

Kinbauri Receives Validation of Revised Mine Plan From Independent Consultant

In addition to recent Company developments.

Click here to listen to the interview

Regards,
AGORACOM

OTTAWA, ONTARIO-(May 29, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB) (FRANKFURT:3KG.DE), further to its press releases of May 11th and May 12th, 2009, is pleased to announce that Scott Wilson Mining . ("SWM") has completed its review of Kinbauri's revised mine plan for the El Valle/Carles Project (the "Project") which:

- Advances the date of first gold pour to 12 months from the start of development.

- Significantly reduces pre-production capex.

The revised plan was prepared by Kinbauri based on the Scoping Study by SWM, filed on April 20th, 2009 ("the Scoping Study"). SWM concluded that there are no fatal flaws to the revised mine plan completed by Kinbauri. The following table compares key assumptions and results from the Scoping Study and Kinbauri's revised plan;

The revised plan provides early access to the top of the 107 Area ("A107") with the result that a larger proportion of high grade ore will be processed in the early stages of the Project. The Upper A107 was scheduled for mining at a later time in the Scoping Study's mine life, as mineralization in this area is classified as Inferred. The revised plan, has allowed for upgrade drilling to convert the A107 mineralization to Indicated, as well as an allowance for test mining. Successful upgrading of the A107 Inferred material is key to the success of the revised plan. Initial production from A107 will be supplemented with ore from the present decline and with production from the re-opened Carles underground mine.

Cautionary Statement as Required by NI 43-101, Sect 2.3 (3): These assessments are preliminary in nature; they include Inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary assessments will be realized because mineral resources that are not mineral reserves do not demonstrated economic viability.

Dr. Rampton, Kinbauri's President and CEO, commented "We are extremely pleased that Scott Wilson has verified the viability of the revised mine plan that our engineering team developed subsequent to receipt of the Scoping Study. Reduction of the pre-production capex in combination with funds to be provided by the Glen Eagle transaction significantly reduces the need for future financing. The Project can look forward to production in 2010 with robust annual after-tax cash flows

This press release has been prepared by Dr. Vern Rampton, P. Eng., President and CEO in his capacity as a qualified person. Dr. Rampton will record a "Beyond the Press Release" webcast concerning the revised mine plan at El Valle/Carles on Kinbauri's Investor Relation site at http://www.agoracom.com/IR/kinbauri on May 29th. This release has also been reviewed and approved by SWM.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,348,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
North America - Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.
President
613-836 2594
Fax: 613-831 2730
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

INVESTEL
Europe - Ruediger (Rudy) Hnyk
CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO--(May 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that further to its press release of earlier today, Kinbauri has closed its previously announced private placement of 6,000,000 Units at a price of $0.50 per Unit for gross proceeds of $3,000,000. Each Unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.70 until May 26, 2010. Kinbauri paid finder's fees consisting of $156,000 and 312,000 compensation warrants. Each compensation warrant entitles the holder to acquire one Unit at a price $0.50 per Unit until May 26, 2010. All securities will be subject to a four month hold period from the date of the closing. The proceeds of this financing will be used for general working capital purposes.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 59,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact

North America
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com
www.kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836-2594
613-831-2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(May 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) has been advised that Orvana Minerals Corp. ("Orvana") has filed documents with Canadian securities regulatory authorities regarding an unsolicited offer to acquire all of the outstanding shares of Kinbauri.

The Independent Committee appointed by the Company's Board of Directors is in the process of engaging a financial advisor to provide independent financial advice regarding the Orvana bid and the Company's strategic alternatives. Legal counsel for the Independent Committee is Wildeboer Dellelce LLP and Groia and Company.

The Orvana offer states that it is open for full acceptance until June 30th, 2009. The Board of Directors recommends that shareholders do not take any action (including the tendering of shares) with respect to Orvana's unsolicited offer, until the Independent Committee has completed its review and the Board of Directors has had an opportunity to fully evaluate the offer and communicate its views to shareholders. The Board will file and mail a Directors' Circular with its recommendations to shareholders in due course.

As previously disclosed, Jaguar Financial Corporation ("Jaguar") has brought an action against Kinbauri and other parties, among other things, seeking an order restraining or setting aside Kinbauri's transaction with Glen Eagle Resources Inc. (the "Glen Eagle Transaction"). Kinbauri is vigorously opposing such application. In order for the application to be dealt with in an orderly manner, each of Kinbauri and Glen Eagle has agreed not to complete the Glen Eagle Transaction until the Court has heard and ruled on the application. Oral arguments in respect of the applications are anticipated to be heard in the middle of June, 2009.

Further to the Company's press release on May 14, 2009, the Company has now received conditional approval from the TSX Venture Exchange for its private placement of up to 6,000,000 units at a price of $0.50 per unit. Each unit consists of one common share of the Company and one-half of a share purchase warrant exercisable for a period of one year at an exercise price of $0.70 per share. The private placement is expected to close today.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

For more information, please contact

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836 2594
613-831 2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

OTTAWA, ONTARIO - (May 22, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) would like to advise its shareholders of the following items regarding the recent legal actions of Orvana Minerals Corp. ("Orvana") and Jaguar Financial Corporation ("Jaguar"). These actions were disclosed in Kinbauri's press release dated May 20, 2009. Kinbauri strenuously and categorically denies the allegations and intends to vigorously defend these actions.

In particular, Kinbauri would draw attention to the following:

- Kinbauri's board of directors (the "Board") struck a Strategic Review Committee in October, 2008 to explore various options for Kinbauri, including a merger, joint venture or other forms of financing to advance the El Valle/Carles Mine development. M Partners Inc. were chosen to act as financial advisors and facilitate the process. Orvana was one of the participants in the process, but the proposal of Glen Eagle Resources Inc. was clearly superior for Kinbauri in the judgement of the Board. The Board accepted Glen Eagle's proposal (the "Glen Eagle Transaction") and proceeded on April 17, 2009 to enter into a binding letter of intent and, subsequently, on May 12, 2009 a definitive agreement. An early closing of the Glen Eagle Transaction was a necessity due to the financial requirements to initiate Kinbauri's mine development plan. Closing of the Glen Eagle Transaction is scheduled for the end of May, 2009, subject to any contrary order of the court.

- The Board decided on April 21, 2009 that a further private placement (the "Private Placement") was required to assist Kinbauri in fulfilling its business plans and filed notice (the "Notice") with the TSXV on the same date. The only material change between the Notice and the Private Placement, which is scheduled to close today or Monday, May 25, 2009, is the price per unit, which has been increased from $0.40 to $0.50 due to positive market activity.

- Jaguar's application in connection with the Glen Eagle Transaction (the "Jaguar Application") is based on the premise that Orvana has initiated a take-over bid for Kinbauri. In fact, as of the date of this press release, Orvana has not commenced a take-over bid, rather it has simply said it "intends" to make its bid on or before May 25, 2009, subject to numerous caveats.

- In an effort to ensure that Jaguar's interest in Kinbauri is not diluted by the Private Placement, Jaguar was offered the opportunity to participate in the Private Placement. Jaguar declined Kinbauri's offer.

- Orvana has now requested that its application to the Ontario Securities Commission be put "in abeyance" pending the decision of the Ontario Superior Court regarding the Jaguar Application.

- Orvana and Jaguar have made a number of erroneous statements as to Kinbauri's operations and activities. The true nature of these are outlined in Kinbauri's press releases of May 12th and May 13th (see also www.kinbauri-gold.com).

- If, as and when Orvana initiates a take-over bid for Kinbauri, the Board will deal with it fairly and in accordance with its obligations.

- All actions that Kinbauri has undertaken throughout its strategic review process, and to date, have been properly disclosed and have been taken in the best interests of the Corporation.

The Board has struck an Independent Review Committee as a result of Orvana's and Jaguar's actions and has retained Wildeboer Dellelce LLP and Groia & Company as its legal counsel. The Board intends to engage a financial advisor in the event Orvana makes its offer. It continues to manage the business of Kinbauri in the ordinary course and with the intention of completing the Glen Eagle Transaction and carrying on with bringing the El Valle/Carles Mine development into production.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 53,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.,
President
(613) 836-2594
Fax: (613) 831-2730
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Brian McEwen, P Geol.,
Director
(613) 836-2594
Fax: (613) 831-2730
bmcewen@kinbauri-gold.com
www.kinbauri-gold.com

OTTAWA, ONTARIO - (May 21, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that further to its press release dated May 14, 2009, it intends to close its previously announced private placement transaction on May 22, 2009. Kinbauri intends to issue up to 6,000,000 Units at a price of $0.50 per Unit for gross proceeds of $3,000,000. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.70 for a period of 12 months from the date of issuance. The securities will be subject to a four month hold period from the date of the closing. Kinbauri will pay finder's fees to parties that referred subscribers to the Company, consisting of 6% of the funds raised and compensation warrants equal to 6% of the Units purchased. Each compensation warrant entitles the holder to acquire one Unit at a price $0.50 per Unit for a period of up to 12 months from the date of issuance. The proceeds of this financing will be used for general working capital purposes.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain in 2010. It currently has 53,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

North America
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Dr. Vern Rampton, P. Eng.
President
613-836-2594
Fax: 613-831-2730
Kinbauri@kinbauri-gold.com

or

Europe
INVESTEL
Investor Relations & Telecommunications
Ruediger (Rudy) Hnyk, CEO
ceo@investel.de

OTTAWA, ONTARIO - (May 20, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that Jaguar Financial Corporation has commenced an application in the Ontario Superior Court of Justice against Kinbauri, its wholly-owned subsidiary, Kinbauri Espana S.L. ("Espana"), the directors of Kinbauri, Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) and Paradise Peaks Holdings, on the basis that the business and affairs of Kinbauri have been conducted in a manner that is oppressive, unfairly prejudicial to and unfairly disregards the interests of the shareholders of Kinbauri.

In addition, Orvana Minerals Inc. (TSX:ORV) has applied to the Ontario Securities Commission for orders under the Securities Act (Ontario): cease trading Kinbauri's proposed sale of 45% of Espana to Glen Eagle; cease trading Kinbauri's proposed private placement of up to 6 million units of Kinbauri; and ordering Kinbauri to disclose publicly the text of its binding letter of intent and agreements with Glen Eagle.

Kinbauri is currently reviewing the applications and will respond as soon as possible.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

FOR FURTHER INFORMATION VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

North America
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager, Corporate Communications
(613) 836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.
President
(613) 836 2594
Fax: (613) 831 2730
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Kinbauri Gold Corp.
Brian McEwen, P Geol.
Director
(604) 551 6979
bmcewen@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk
CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(May 14, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announces that it intends to complete a non-brokered private placement of up to 6,000,000 units of Kinbauri at a price of $0.50 per unit ("Unit") for gross proceeds of up to $3,000,000. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase one common share at a price of $0.70 for a period of 12 months from the date of issuance. The proceeds of the financing will be used for general working capital purposes. The placement is subject to regulatory approval, including the approval of the TSX Venture Exchange.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2010. It currently has 53,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For more information, please contact

North America:
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.
President
613-836 2594
613-831 2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com / www.kinbauri-gold.com

or

Europe:
Ruediger (Rudy) Hnyk, CEO
INVESTEL
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(May 13, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) and Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) would like to clarify the legal structure for funds being advanced to Kinbauri Espana S.L. ("Espana") and how anticipated profits will be repatriated to the respective parties. Based on inquiries, we understand that the press releases issued by both parties may have lacked clarity as to these issues. The following is an explanation to clarify the structure of the transaction with Glen Eagle:

The investment by Glen Eagle in Espana is structured in part as share capital and in part as loan. Similar to Glen Eagle, Kinbauri has also advanced development funds to Espana in the form of share capital and loans. With this structure, both Glen Eagle and Kinbauri can repatriate positive cash flow to Canada from Kinbauri Espana with a minimum of withholding tax, maximizing monetary benefits to Kinbauri, Glen Eagle and their shareholders.

All loans are non-recourse, meaning that neither Kinbauri nor Glen Eagle can make a call on their loans or demand loan payments. The agreements restrict loan repayments to positive cash flow generated from Espana's operations; further to be authorized by the Board of Espana. Funds applied by Kinbauri and Glen Eagle toward loan repayments should not be taxed in Canada. Cash or kind will only be distributed to Glen Eagle and Kinbauri in the ratio of their participating interest, whether it be by dividend or loan repayment; i.e. 55% Kinbauri: 45% Glen Eagle or 50% Kinbauri: 50% Glen Eagle, or as the case may be.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2010. It has 53,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

North America
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Dr. Vern Rampton, P. Eng.
President
613-836 2594
Fax: 613-831 2730
vrampton@kinbauri-gold.com / kinbauri@kinbauri-gold.com

or

Chris Irwin
Secretary
416-361-2515
cirwin@irwinlaw.ca

or

Europe

INVESTEL

Investor Relations & Telecommunications

Ruediger (Rudy) Hnyk

CEO

ceo@investel.de

OTTAWA, ONTARIO-(May 12, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) is pleased to announce that it has signed a definitive subscription agreement with Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER) pursuant to the binding letter of intent as announced on April 17, 2009. Under the terms of the subscription agreement, Glen Eagle will invest C$32M to acquire a 45% interest in Kinbauri Espana S.L. ("Espana"), which holds a 100% interest in the El Valle/ Carles gold/copper project (the "Project") and other exploitation concessions within the Rio Narcea Gold Belt in Northwestern Spain. The initial investment of C$32M will be allocated as to EUR3,068,850 to purchase class B voting participations of Espana and the balance will be advanced as a non-recourse shareholder loan to be paid back in accordance with the shareholders' agreement to be entered into by the parties. All disbursements of cash or kind will be strictly according to participating interest whether by dividend or loan repayment. The subscription agreement also grants Glen Eagle the right to acquire a further 5% interest for an additional C$5M, to be allocated as to EUR673,650 to purchase class B voting participations with the balance being advanced as a loan on the same terms as the initial loan. The subscription agreement does not contain a break fee. Due to the registration process in Spain, the transaction is anticipated to close on or about May 29, 2009, and is subject to all necessary regulatory approvals. Kinbauri and Glen Eagle have received conditional approval from the TSX Venture Exchange. M Partners Inc. is acting as financial advisor to Kinbauri.

In addition to the subscription agreement, Kinbauri, Espana and Glen Eagle will enter into a shareholders' agreement on closing of the transaction. Under the terms of the shareholders' agreement, Espana will have a board of directors consisting of five nominees, three to be appointed by Kinbauri and two to be appointed by Glen Eagle. In addition, a management committee of Espana comprised of five nominees will be established to approve annual budgets with respect to the Project, with three nominees appointed by Kinbauri and two nominees appointed by Glen Eagle. The shareholders' agreement also contains a provision for the dilution of a non-participating shareholders' interest and upon either parties' interest being diluted under 10%, it will be converted into a 2.5% net smelter return royalty. Distributions will be determined by the directors of Espana, declared quarterly and paid to each shareholder strictly in accordance to their participating interest. Either party has the ability to take their distribution in production from the Project. In addition, either party has the option to purchase production from the Project on standard commercial terms.

Kinbauri will be the operator of the Project under the terms of an operator agreement to be entered into on closing of the transaction.

Further to Kinbauri's press release of May 11, 2009, "Responds to Proposed Hostile Takeover", the company wishes to add the following information.

- Since receipt of the Scott Wilson Roscoe Postle Associates Scoping Study (the "Scoping Study") Kinbauri's engineers have been working diligently to improve the mine plan and move production forward. The revised mine plan resulted in a significant reduction in pre-production capex, quicker access to high grade zones and moved production forward to the second quarter of 2010.

- Kinbauri has engaged an independent mining consultant to review and comment on the viability of the up-dated mine plan and associated costs, cash flow projections and production schedule. This will be completed prior to May 22, 2009.

- Kinbauri's on-site management team is headed by Mr. Jean Bailly with over 35 years experience in mine management and development, project valuation, cost control and employee relations.

- Kinbauri has retained key personnel from Rio Narcea Gold Mine S.L., all with extensive experience at the Project.

- Mining will be by independent contractors with extensive underground and production experience.

- The company has developed extremely good relationships with local and regional governments. The mine will employ approximately 200 people and will be welcome in an area which has high unemployment.

- Under the new mine plan, further funding beyond that being provided by Glen Eagle will be minimal. Discussions with financial institutions indicate that project financing at that stage could be obtained under favorable terms.

This press release has been prepared by Dr. V. N. Rampton, P. Eng., in his capacity as a qualified person under the guidelines of N.I. 43-101.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2010. It has 53,243,051 common shares issued and outstanding.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

OR VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

For more information, please contact

Kinbauri Gold Corp.

Darrell Munro, BB.A, LL.B

Manager, Corporate Communications

613-836-0198

dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng
President
613-836-2594
613-831-2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Kinbauri Gold Corp.
Brian McEwen, P Geol.
Director
604-551-6979
bmcewen@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe:
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(May 11, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) has rejected a written all cash takeover proposal from Orvana Minerals Corp. ("Orvana") (TSX:ORV) dated May 6, 2009, and amended May 8th. Under the proposal, Orvana would pay $0.55 per share for all of the outstanding shares of Kinbauri The proposal is conditional on Kinbauri not consummating the previously announced deal with Glen Eagle Resources Inc. ("Glen Eagle") (TSX VENTURE:GER). (See Kinbauri press release April 17, 2009;Kinbauri Secures $32M funding for El Valle / Carles.)

The board of directors ("Board") of Kinbauri appointed an independent committee to review the proposed offer, consider other alternatives and make a recommendation to the board of directors. Based on the committee's recommendations, the Board unanimously rejected the proposed offer based on the structure provided to Kinbauri.

The announced transaction with Glen Eagle is moving towards completion, with an anticipated closing date on or about May 28, 2009. All terms have been agreed to, and signed off by both parties. The transaction is now waiting for the required approvals and transfer of funds. Kinbauri has received conditional approval from the TSX Venture Exchange.

Under terms of the agreements, Glen Eagle will invest C$32M for a 45% interest in Kinbauri's 100% owned subsidiary, Kinbauri Espana S.L., ("Espana"), which holds a 100% interest in the El Valle/Carles project for 45% of Espana. The agreement also allows Glen Eagle the right to buy a further 5% interest for an additional C$5M. This transaction implies a value for Kinbauri of $1.60 per share, without consideration of Kinbauri's other assets, far superior to the offer being made by Orvana.

The implied value is based on Glen Eagle's investment together with the Scoping Study prepared by Scott Wilson Roscoe Postle Associates (the "Scoping Study") for the El Valle/Carles project (see Kinbauri's press release, March 13th, 2009, Kinbauri Files Revised Scoping Study) and a new mine plan prepared by Kinbauri's engineers. The calculation follows from the following assumptions.

- After Tax Net Present Value (10% discount): CDN$171 million (assuming $910/ounce Au, $1.50/lb Cu, and 1 Euro = CDN$1.6)

- Current Kinbauri shares outstanding of 53.24 million

- Glen Eagle invests CDN$37 million for 50% of Espana

- Pre-production capex of CDN$57 million (per new mine plan), leaving $20 million of pre-production capex to be financed by Kinbauri and Glen Eagle through project financing; no additional equity required

- Implied price per share of Kinbauri based on after-tax NPV of CDN$171 million with Kinbauri entitled to fifty percent.

Reader's should be cautioned that Scoping Study results include some mineral resources that are not mineral reserves and that only mineral reserves are accepted as having demonstrated economic validity.

Dr. Vern Rampton, Kinbauri, President & CEO commented, "We have been in discussion with several companies with regard to the development of El Valle and Carles, with a desire to do what the board believes is best for the shareholders. To now sell our company at this price would be without recognition of its true value and without recognition of upside from development and production of the property to shareholders. This holds especially true with the recognition that El Valle should be in production in approximately one year and generating significant after-tax cash flows to Kinbauri in excess of the average annual after-tax cash flows of 18 million Canadian estimated by the Scoping Study."

With the funding supplied by Glen Eagle the company plans to proceed aggressively towards production, with a current plan that contemplates a re-start in May 2010. Requests for proposals to complete the feasibility study are being solicited and work is scheduled to begin this month. In concert, Kinbauri plans to start pre-production work based on the recently completed Scoping Study (SEDAR filed Technical Report of April 20, 2009). This work will include drilling to convert resources from inferred to measured and indicated, test mining of the high grade 107 Area ("107 Zone"), ramp and plant rehabilitation, metallurgical test-work, geotechnical and environmental studies and permitting.

The new plan, as evolved from the Scoping Study, calls for a new portal near the El Valle mill to allow early access to the top of the 107 Zone, allowing early recommencement of production. Decline development and mining will continue down and parallel to the 107 Zone, allowing mill feed to consist of higher grade material in the early stages of production. Mill feed will be supplemented with ore from the present decline and the Carles mine. It is estimated that the new plan will increase cash flow and profitability relative to the Scoping Study estimates and decrease pre-production capex significantly from the Scoping Study estimate of 89M Euros and that any future financing would be minimal , attracting project financing at favourable terms.

This press release has been prepared by Dr. Vern Rampton, P. Eng., President and Brian McEwen, P Geol, Director and Chairman of Kinbauri's Technical and Strategic Planning Committees in their capacity as qualified persons. Dr. Rampton previously recorded a "Beyond the Press Release" webcast concerning the Glen Eagle investment on April 17th and how it affects development at el Valle/Carles project on Kinbauri's Investor Relation site at http://www.agoracom.com/IR/kinbauri.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2010. It has 53,243,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. 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 more information, please contact

North America
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.
President
613-836-2594
613-831-2730 (FAX)
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Kinbauri Gold Corp.
Brian McEwen, P Geol.
Director
604-551-6979
bmcewen@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk
CEO
Investor Relations & Telecommunications
ceo@investel.de

Dear Kinbauri Shareholders:

In our continuing efforts to provide you with broader investor communications, we are pleased to present to you the latest installment of "Beyond the Press Release" with the President & CEO of Kinbauri Gold Corp., Dr. Vern Rampton.

In this installment, Dr. Rampton discusses the significance of the Company’s April 17, 2009 press release:

Kinbauri Secures $32M Funding for El Valle/Carles

Click here to listen to the interview

Regards,
AGORACOM

OTTAWA, ONTARIO-(April 17, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) is pleased to announce that it has signed a binding Letter of Intent with Glen Eagle Resources Inc. (TSX VENTURE:GER) whereby Glen Eagle will invest C$32M in return for a 45% interest in Kinbauri Espana S.L., which holds a 100% interest in the El Valle/ Carles gold/copper project and other exploitation concessions within the Rio Narcea Gold Belt in Northwestern Spain. The agreement also grants Glen Eagle the right to buy a further 5% interest for an additional C$5M. Kinbauri will remain the operator of the project. M Partners Inc. is acting as financial advisor to Kinbauri.

The transaction is scheduled to close by May 15, 2009 and is subject to the customary due diligence, execution of final Shareholder and Operating Agreements, all necessary approvals of regulatory, stock exchange and securities authorities and commissions and compliance with requirements of applicable securities laws.

Dr. Vern Rampton, Ph.D., President and CEO of Kinbauri said that "This funding should position Kinbauri Espana to raise the remaining funds to expedite re-start of production at El Valle/Carles. Given the current state of the financial markets, we are extremely pleased with this agreement. We are also pleased that our new partner, Glen Eagle Resources and its CEO, Mr. Jean Labrecque share our intention to aggressively move the project forward to production."

Other Corporate Development

Following recommendations in the recently completed Scoping Study (SEDAR filed Technical Report of March 9, 2009) for accessing the El Valle Mine via a decline near the entrance to the El Valle mill, Kinbauri's engineers have developed a plan that they believe could significantly reduce pre-production capital expenditures and shorten the time required to recommence operations at El Valle. Kinbauri will have this new mine plan vetted in the upcoming feasibility study which is scheduled to begin in May, 2009.

Dr. Rampton will record a "Beyond The Press Release" on the Company's official Investor Relations Site at http://www.agoracom.com/ir/kinbauri, where these developments will be discussed in detail. The recording is expected to be available on or after April 17th, 2009.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2011. It has 53,243,051 common shares issued and outstanding.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors.

CONTACT INFORMATION:

North America:
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng.
President
613-836 2594
Fax: 613-831 2730
vrampton@kinbauri-gold.com / kinbauri@kinbauri-gold.com
www.kinbauri-gold.com

or

Europe:

INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO-(March 26, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) is pleased to announce that it has closed the final tranche of its previously announced (February 20) brokered private placement. This tranche consisted of 1,140,000 Units for aggregate gross proceeds of $513,000. Each Unit consists of one common share and one-half of a common share purchase warrant at a price of $0.45 per Unit. Each whole warrant entitles the holder to purchase one common share at a price of $0.70 for a period of 12 months from the date of issuance. The securities are subject to a four month hold period from the date of the closing.

In connection with the closing of this tranche of the offering, M Partners Inc. has been paid a commission of $22,950 and received broker warrants to purchase an aggregate of 51,000 Units at a price of $0.45 per Unit for a period of 12 months from the date of the closing. The proceeds of the financing will be used for general working capital purposes and the advancement of the El Valle/Carles project in northwestern Spain. The placement is subject to acceptance by the TSX Venture Exchange.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2011. It has 53,243,051 common shares issued and outstanding.

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

CONTACT INFORMATION:

North America
Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B
Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com

or

Dr. Vern Rampton
P. Eng., President
613-836-2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Europe
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de

OTTAWA, ONTARIO--(March 13, 2009) - Kinbauri Gold Corp. ("Kinbauri") (TSX VENTURE:KNB)(FRANKFURT:3KG.DE) announced today that it has filed a revised Preliminary Economic Assessment or Scoping Study (the "Scoping Study") for it's 100% owned El Valle/Carl?s project (the "Project") on Sedar. The Study was prepared by Scott Wilson Roscoe Postle Associates ("SWRPA"). An increase in revenue, cash flow and Net Present Value ('NPV') above those previously reported by Kinbauri is mainly a result of previously unrecognized copper to be recovered.

Under the Base Case Scenario, the results reveal a pre-tax NPV (10% discount rate) of CAD $146M and an Internal Rate of Return ('IRR') of 44%. Using current metal prices and exchange rates, the Project now has a pre-tax NPV (10% discount rate) of CAD $232M and an IRR of 59%. The financial highlights are summarized below:

Link to SEDAR: (http://sedar.com/DisplayCompanyDocum... )

Detailed Cash Flow and Assumptions

The table below presents a complete list of assumptions and results comparing the base case to current prices for a scenario which involves direct access from the mill ("The Ramp Model") to the underground resources at El Valle. SWRPA had assessed both the Ramp Model and a model that involved hoisting ore to the mill vicinity through a shaft. The Ramp Model was clearly more economic and management believes that modification of the mine plan using a ramp can help reduce capital costs ("CAPEX') from those stated herein. Some of the cost assumptions, in particular the mining costs estimated by SWRPA are based on contractor quotes and are therefore considered to be of a higher level of cost accuracy than a preliminary economic assessment and in some cases to be plus or minus 15%, which is significantly more concise than standard scoping study estimates. All figures are in Euros to reflect costs of production in Spain.

Cautionary Statement as Required by NI 43-101, Sect 2.3 (3): This assessment is preliminary in nature; it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary assessment will be realized.

Total mineral resources for the Project were estimated as of March 12th, 2009 by SWRPA to be :

- Measured: 2.36Mt at 3.6g Au/t and 0.85% Cu

- Indicated: 4.00Mt at 5.4g Au/t and 0.80% Cu

- Inferred: 7.26Mt at 5.4g Au/t and 0.45% Cu.

This press release has been prepared by Dr. V. N. Rampton, P. Eng in his capacity as a qualified person under the guidelines of NI 43-101; it has also been reviewed and approved for release by SWRPA.

About Kinbauri:

Kinbauri is a TSXV - Tier 1 Mineral Exploration Company focused on the development of precious metal prospects in Spain, Nevada and Canada. Its immediate focus is to begin operations at its El Valle/Carles property in Asturias, northwestern Spain by 2011. Immediately prior to this placement it had 52,103,051 common shares issued and outstanding.

This press release contains certain forward-looking statements, which are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected. Kinbauri undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

VISIT:

Kinbauri Gold's Hub at http://www.agoracom.com/IR/kinbauri where investors can post questions and receive answers or review questions and answers already posted by other investors. Kinbauri Web-Site: www.kinbauri-gold.com

THIS PRESS RELEASE WAS PREPARED BY KINBAURI GOLD CORP. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

North America:
Kinbauri Gold Corp.
Dr. Vern Rampton, P. Eng., President
613-836 2594
Fax: 613-831-2730
vrampton@kinbauri-gold.com

or

Kinbauri Gold Corp.
Darrell Munro, BB.A, LL.B, Manager, Corporate Communications
613-836-0198
dmunro@kinbauri-gold.com
kinbauri@kinbauri-gold.com

or

Europe:
INVESTEL
Ruediger (Rudy) Hnyk, CEO
Investor Relations & Telecommunications
ceo@investel.de