Bitterroot Resources Adopts Shareholder Rights Plan

Bitterroot Resources Ltd.'s (BTT, TSX-V) Board of Directors has adopted a Shareholder Rights Plan to encourage fair treatment of all shareholders in connection with any unsolicited takeover bid for the Company. The Shareholder Rights Plan is similar to plans adopted by other Canadian companies and has not been adopted in response to any pending or threatened takeover bid for Bitterroot nor is the Company's Board of Directors aware of any such effort. The plan is effective immediately, subject to ratification by Bitterroot's shareholders at its annual meeting on April 4, 2013. A summary of the principal terms of the plan will be described in the Management Information Circular sent to all Bitterroot shareholders in connection with the 2013 annual meeting and the complete plan will be filed on SEDAR.

The primary objective of the plan is to provide the Board of Directors and shareholders with sufficient time to fully consider any unsolicited takeover bid for Bitterroot and provide the board with time to consider and pursue other alternatives to maximize shareholder value. If a takeover bid fails to comply with the requirements of the plan and if the plan is not waived by the Board of Directors, then on completion of such unauthorized takeover bid that results in a new Acquiring Person (as that term is defined in the plan), the holders of common shares, other than the Acquiring Person or any related persons, will be entitled to exercise their rights and purchase common shares of Bitterroot at a discount to the market price.

The plan is scheduled to expire at the close of business on the date of Bitterroot's annual meeting of shareholders to be held in 2016, unless terminated earlier in accordance with the terms of the plan. The plan is subject to regulatory acceptance by the TSX Venture Exchange and ratification by Bitterroot's shareholders at the 2013 annual meeting.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael S. Carr

Director

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

FORWARD LOOKING STATEMENTS: This document contains statements about expected or anticipated future events and/or financial results that are forward-looking in nature and as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, regulatory processes and actions, technical issues, new legislation, competitive conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events and the Company's ability to execute and implement its future plans. Actual results may differ materially from those projected by management. For such statements, we claim the safe harbour for forward-looking statements within the meaning of the Private Securities Legislation Reform Act of 1995.