Investments of Macquarie Group Limited in PMI Gold Corporation.

TORONTO, April 12, 2012 /PRNewswire/ - Macquarie Group Limited ("Macquarie") announces that it now has ownership of 28,505,621 common shares, 744,291 Chess Depositary Interests ("CDI") and 2,950,000 warrants of PMI Gold Corporation ("PMI"), each warrant convertible into one common share.  To Macquarie's knowledge, this represents approximately 12.39% of the issued and outstanding shares of PMI, on a partially-diluted basis.  This represents a change of 2% or more in Macquarie's beneficial ownership from its previously disclosed position of 15.46% of PMI on a partially-diluted basis.

Macquarie has acquired these securities for investment purposes.  Depending on market and other conditions, Macquarie may change its beneficial ownership of, or potential deemed control or direction over, shares of PMI through market transactions, private agreements, treasury issuances, exercise of options, convertible securities or otherwise.

SOURCE Macquarie Group Limited