News Releases

 February 16, 2012
Important information for U.S. Persons with shareholdings of Pembrook Mining Corp.

 Dear Pembrook Shareholder,

Pembrook Mining Corp. ("Pembrook" or the "Company") advises its shareholders who are U.S. Persons that the Company has concluded that for U.S. tax purposes, it has been a passive foreign investment company ("PFIC") in each taxable year since its formation. A PFIC is defined in Section 1297 of the Internal Revenue Code of 1986, as amended.

A U.S. Person generally includes a U.S. domestic corporation, a U.S. domestic partnership, a U.S. citizen or resident of the U.S. and certain estates and trusts.

Generally, a U.S. Person who is shareholder of a PFIC should be aware of the tax consequences of (1) receiving a dividend from a PFIC, and; (2) the direct or indirect disposition of PFIC stock.
Additional information regarding PFICs is provided in the attachment prepared by PricewaterhouseCoopers LLP and IRS Form 8621 and instructions. This document, including the attachments, are not intended in any way to constitute tax advice and all Pembrook shareholders who are U.S. Persons are strongly encouraged to seek personal income tax advice regarding the income tax implications of investing in PFICs before March 31, 2012.

For Pembrook shareholders who have made, or will be making, a qualified electing fund ("QEF") election, Pembrook has provided information on earnings and profits ("E&P") and long-term capital gains by taxable year on its website: Additional information may be obtained by contacting the Company directly or emailing

April Hashimoto
Chief Financial Officer

View PFIC Information in PDF Format:
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