Emperor Announces Investor Relations Agreement

Vancouver, B.C., July 5, 2012 - Emperor Minerals Ltd. (TSXV: EM) ("Emperor" or the "Company") is pleased to announce it has retained Concord Capital AG ("Concord") to provide investor relations services to the Company over a 12-month renewable term, subject to TSX Venture Exchange (the "Exchange") approval. Concord, owned by its management, will provide assistance with the Company's investor relations and public relations efforts to strengthen its investor relations and communications to shareholders and investors. Concord is at arm's length to the Company.

About Concord Capital AG

Concord is a Frankfurt-based investment banking boutique which provides capital raising, public relations and investor relations services to assist companies with increasing their capital market presence in German-speaking territories. Concord will provide investor relations and marketing services for the Company including, but not limited to, Company information dissemination to the public and Emperor's shareholders, inquiry response, assistance with Company events and advertising. Concord does not hold, directly or indirectly, any securities of the Company. For further information about Concord please visit www.concordcapital.de.

Investor Relations Agreement

Under the renewable agreement, Concord will receive $15,000 upon approval of the agreement by the Exchange and will receive a fee of $5,000 per month plus approved expenses incurred in connection with the agreement. The renewable agreement may be terminated by the Company by providing 30-day written notice to Concord of such termination.

About Emperor Minerals Ltd.

Emperor is an international oil and gas company with a late stage exploration and near term production project in Turkey. The Company is directed by an experienced group of business professionals who have leveraged their contacts within the global community to identify significant land parcels and strategic partnerships within regions of influence. The Company's management team boasts a keen understanding of oil and gas exploration, production procedures and market strategies. Management is focused on growing the Company through near term production and an acquisition strategy in Turkey and North Africa.

For further information please contact Wanda Cutler, investor relations for the Company, at (416) 303-6460 or wanda@cutlermccarthy.com.

ON BEHALF OF THE BOARD

"Andrew McCarthy"

Andrew McCarthy

President and Chief Executive Officer
www.emperorminerals.com

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Statement Regarding "Forward-Looking" Information

Some of the statements contained in this press release are forward-looking statements and information within the meaning of applicable securities laws. Forward-looking statements and information can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words or phrases, or statements that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information are not historical facts and are subject to a number of risks and uncertainties beyond Emperor's control. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.