Vancouver, B.C. - Further to its press release of April 25th, 2014 and receipt of TSX Venture Exchange acceptance, American Consolidated Minerals Corp. (the "Company") announces that it has issued 2,070,615 shares at a deemed value of $0.05 per share in full and complete settlement of outstanding debt in the aggregate amount of $103,530.75 owed to five creditors, four of whom are directors and a company controlled by a director of the Company.

Shares issued in connection with the debt settlement are subject to a four month hold period, expiring on September 6, 2014.

American Consolidated is dedicated to the principles of environmentally sound mining practices and believes that environmental stewardship and mining can co-exist.

For details on the Company and its properties, visit the Company's website at www.americanconsolidatedminerals.com.

ON BEHALF OF THE BOARD:

Signed "Gary Arca"
Gary Arca, CFO & Director

For further information, please contact: Bryson Goodwin
Telephone: 1-604-602-4935 / Toll Free: 1-866-602-4935
Email: bgoodwin@imining.com
Facsimile: 1-604-602-4936 / Website: www.americanconsolidatedminerals.com.

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.

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