explains recent action in the stock.....

PRIMARY CAPITAL RETAINED BY RMB AUSTRALIA HOLDINGS LIMITED

Vancouver, British Columbia (May 6, 2016) - Sutter Gold Mining Inc. (SGM:TSX-V, SGMNF:OTCQX) (“Sutter" or "the Company”) The Company has been informed that its principal lender and shareholder, RMB Australia Holdings Limited (“RMBAH”), has engaged Primary Capital Inc. of Vancouver to assist in the potential sale of its debt and equity interests in Sutter. RMBAH owns approximately 47% of the Company’s shares and as of December 31, 2015 has debt totaling approximately $46.5M, secured by the Company’s assets. The Company has not been involved in any discussions to date, but is facilitating Primary Capital’s engagement by providing access to information under confidentiality to approved, interested parties. Sutter will provide additional disclosure as required. There can be no assurances that any transaction will result from these matters and the Company will apprise shareholders of any developments.

Primary Capital (www.primarycapital.ca) is a privately owned exempt market dealer with offices in Toronto and Vancouver that finances and provides M&A advice with a focus on public companies that are active worldwide.

About SutterSutter currently holds a number of precious metals properties in California, USA, including the permitted Lincoln underground mine near Sutter Creek, California, as well as a new, permitted processing facility, located near the entrance to the Lincoln Mine. In March 2014, the project was put on care and maintenance while certain mineral processing issues are being evaluated and the Company reduced costs due to capital constraints.

For further information, please contact:
Amanda Miller, Chief Financial Officer at 303 238 1438 ext. 223
Email: amiller@suttergoldmining.com
Website: www.suttergoldmining.com