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Press release from Marketwire

Colossus Minerals Announces Semi-Annual Note Interest Payment

Tuesday, June 19, 2012

Colossus Minerals Announces Semi-Annual Note Interest Payment16:00 EDT Tuesday, June 19, 2012TORONTO, ONTARIO--(Marketwire - June 19, 2012) -Colossus Minerals Inc. (TSX:CSI)(OTCQX:COLUF) announces that it will be paying the semi-annual interest payment of $44.88 per $1,000 Note. The payment will be made to noteholders of record at the close of business on June 29, 2012 and will be payable on July 3, 2012.About Colossus:Colossus is a development-stage mining company focused on bringing its Serra Pelada project into production. Serra Pelada, located in the mineral prolific Carajas region in the State of Pará, Brazil, is host to one of the highest grade gold and platinum group metals deposits in the world. Between 1980 and 1986 Serra Pelada was host to the largest precious metals rush in Latin American history. Coverage of this famous mining rush by 60 Minutes can be viewed by following the link below. Colossus Minerals shares, warrants and notes trade on the Toronto Stock Exchange (TSX) under the symbols CSI, CSI.WT.A and CSI.NT respectively and in the United States its Common Shares trade on the OTCQX under the symbol COLUF. The Company is headquartered in Toronto, Canada. http://video.au.msn.com/watch/video/the-treasure-of-serra-pelada/xx3k2px FOR FURTHER INFORMATION PLEASE CONTACT: Ann WilkinsonColossus Minerals Inc.Vice President, Investor Relations(416) 643-7655awilkinson@colossusminerals.comwww.colossusminerals.com