Pacific Iron Ore Corporation (TSX VENTURE:POC) (the "Corporation") is pleased to
announce that it has recently received an additional payment of $1 million (now
$3.5 million total) in connection with the sale of its interests in the Pearson
Project on Vancouver Island. The balance of the purchase price, being $2.1
million, is expected to be received on or before July 31, 2014 (as to $1
million) and October 31, 2014 (as to $1.1 million). The Corporation will issue
confirming press releases in due course.


Company Contacts

For further information, please refer to the Corporation's profile on SEDAR
which can be accessed at www.sedar.com or visit our website at
www.pacificironorecorp.com.


Forward-Looking Statements:

The TSX.V Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release. This release includes certain statements
that may be deemed "forward looking statements". All statements in this release,
other than statements of historical facts that address future production,
reserves potential, exploration drilling, exploration activities and events or
developments that the Corporation expects are forward looking statements.
Although the Corporation believes the expectations expressed in such forward
looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results or developments may differ
materially from those in the forward looking statements. Factors that could
cause results to differ materially from those in the forward looking statements
include, but are not limited to: market prices; exploitation and exploration
successes; continued availability of capital, financing and personnel;
government regulation and laws; the Corporations relationship with First
Nations; environmental developments; and general economic, market or business
conditions. Investors are cautioned that such statements are not guarantees of
future performance and those actual results or developments may differ
materially from those projected in the forward looking statements. For more
information on Pacific Iron Ore Corporation, Investors should review the
Corporation's registered filings which are available at www.sedar.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 his release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Iron Ore Corporation
R. A. N. Bonnycastle
Chairman
(403) 269-6795
(403) 265-2887 (FAX)
www.pacificironorecorp.com

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