Orvana Urges Kinbauri Shareholders to Tender to Its All-Cash Offer Which Expires Tomorrow, July 31, 2009

TORONTO, ONTARIO, Jul 30 (MARKET WIRE) --
Orvana Minerals Corp (TSX: ORV) today urged shareholders of Kinbauri Gold
Corp. to tender their shares to Orvana's all-cash offer of C$0.75 per
share. Orvana reminded Kinbauri shareholders that in order to receive a
cash premium they must tender their shares by the deadline of 11:59 p.m.,
Vancouver time, tomorrow, Friday July 31, 2009.

Summary of recent developments:

- Kinbauri's Board is advising shareholders to make their own decision
with respect to the Orvana offer. This represents a change to the
recommendation made in Kinbauri's June 9, 2009 Directors' Circular, which
stated that shareholders should reject Orvana's offer.

- Kinbauri's Board has waived the application of Kinbauri's shareholder
rights plan to Orvana's offer, enabling Orvana to acquire Kinbauri shares
deposited under its offer without adverse impact under the rights plan.

- Shareholders owning 23.6% of Kinbauri shares have entered into lock-up
agreements in support of Orvana's offer.

"We are pleased that Kinbauri's Board has paved the way for shareholders
to elect to receive cash, value and certainty for their Kinbauri shares,"
said Kent Jespersen, Chair of Orvana. "In order for Kinbauri shareholders
to receive a 90% cash premium for their shares, they must tender by our
deadline of 11:59 p.m (Vancouver time) tomorrow."

Summary of Reasons to Tender to the Orvana Offer

- certainty of cash;

- 90% premium to the pre-bid price;

- 8.7% premium to the closing price on July 20, 2009, the day before
Orvana announced its enhanced offer; and

- if Orvana takes up shares under the offer, Kinbauri shareholders who
tender their shares can expect to be paid within three business days of
Orvana's take-up of their shares.

The Orvana offer is subject to customary conditions, including acceptance
by shareholders with 66 2/3% of Kinbauri shares.

How to Tender Kinbauri Shares

Kinbauri shareholders who have questions regarding the offer, tendering
shares or, where the certificates representing shares and other required
documents cannot be delivered to the depositary prior to the expiry time,
submitting a notice of guaranteed delivery should contact Kingsdale
Shareholder Services Inc., the information agent in connection with the
offer, at 1-800-749-9052 (toll-free) or 416-867-2272 (outside North
America).

About Orvana

Orvana is a well-established mine operator with an experienced management
team that has collectively brought a number of underground mines into
production. Orvana had cash of approximately US $96.2 million (C$110.6
million) as at March 31, 2009, which is sufficient to complete the
acquisition of Kinbauri and develop Kinbauri's Spanish mineral project.
Orvana expects the project will create up to 200 new jobs in Spain.

Forward-looking disclaimer

This press release contains only summary information about Orvana's offer
and does not constitute an offer to purchase any securities. Complete
information about the offer is available by referring to the offer to
purchase and take-over bid circular, as amended, that has been filed with
Canadian securities regulators. Certain statements contained in this
press release concerning Orvana's objectives, goals, strategies,
intentions, plans, beliefs, expectations and estimates, and the business,
operations, financial performance and condition of Kinbauri are
forward-looking statements. The words "believe", "expect", "intend",
"may", "anticipate", "will", "would" and similar expressions and the
negative of such expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain these
identifying words. These forward-looking statements are not based on
historical facts, but rather on current expectations, assumptions and
projections about future events. While Orvana considers these factors and
assumptions to be reasonable based on information currently available,
they may be proven to be incorrect. Known and unknown factors could cause
actual results to differ materially from those projected in the
forward-looking statements. Such factors include, but are not limited to;
any of the terms and conditions of the offer not being satisfied; general
economic conditions; dependence on key personnel; and variations in
required capital expenditures. Given these uncertainties, readers are
cautioned not to place undue reliance on such forward-looking statements.

Contacts:
Media:
Longview Communications
Louise Kozier
(604) 694-6033

Longview Communications
Alan Bayless
(604) 694-6035

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