Issue of Equity

16 March 2016

Amerisur Resources Plc ("Amerisur" or the "Company")

Issue of Equity

Amerisur Resources Plc announces that, further to the announcement dated 26 January 2016, the finalisation of Platino Energy Limited's closing balance sheet has completed. Consequently, $590,000 in Amerisur shares is to be paid to COG Energy, the vendor of Platino, for Platino's net non-cash current assets.

Application has been made to the London Stock Exchange for 1,620,480 new ordinary shares of the Company ("Shares") to be admitted to trading on AIM. The Shares will rank pari passu with the Company's existing issued ordinary shares and dealings are expected to commence at 08:00 a.m. on 21 March 2016.

Following the issue of the Shares, the issued ordinary share capital of the Company will comprise a total 1,208,072,964 shares. No ordinary shares are held in treasury.

Ends

For further information please contact:

Camarco Tel: +44 20 3757 4980

Billy Clegg

Georgia Mann

Stifel Nicolaus Europe Limited Tel: +44 20 7710 7600

Callum Stewart

Ashton Clanfield

Nicholas Rhodes

Investec Tel: +44 20 7597 4000

Chris Sim

George Price

RBC Capital Markets Tel: +44 20 7653 4000

Daniel Conti

Tristan Lovegrove