Vancouver, BC - September 11, 2012 - Cream Minerals Ltd. (TSX-V: CMA) (the “Company”) confirms that, as of the date of this news release, as previously announced Cream is considering various strategic alternatives, however, at this date there are no material corporate developments to report and the Company is not aware of any material undisclosed developments that would cause the recent movements in the Company’s share price.

The Company is a silver-gold exploration company. The Company’s principal project is the Nuevo Milenio silver – gold project in Nayarit State, Mexico. To learn more about the Company, please click here www.creamminerals.com

For further information, please contact:

Christopher Hebb, LL.B., Chairman
Chairman of the Board

Michael E. O’Connor
President & CEO

Tel: (604) 687-4622 Fax: (604) 687-4212 Toll Free: 1-888-267-1400
Email: info@creamminerals.com

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