VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 12, 2013) – Baja Mining Corp. (“Baja”) (TSX:BAJ)(OTCQB:BAJFF) announces that further to Baja’s February 12, 2013 news release, it has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. (“MMB”) that the third standstill agreement which expired March 31, 2013 has been amended and restated to extend the standstill period to April 19, 2013.

Baja has further been informed by MMB that on April 4, 2013, Korea Resources Corporation (“KORES”) contributed an additional US$30 million in construction funding to MMB. This amount will be credited toward the US$60 million the Korean Consortium and/or KORES may contribute toward the total Phase II Funding which would have the effect of reducing Baja’s interest in MMB from 26.2% to 20.9%. Additional contributions by the Korean Consortium and/or KORES will result in further reductions in Baja’s interest in MMB. Please refer to Baja’s February 12, 2013 news release for further details.

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