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Acquisition of Shares

TORONTO, ONTARIO — (Marketwire) — 12/12/12 — Arnold T. Kondrat announces that he acquired today on the TSX Venture Exchange an additional 1,800,000 common shares (the "Additional Shares") of Gentor Resources Inc. (the "Company") at a price of Cdn$0.06 per share. The Additional Shares represent 2.87% of the outstanding common shares of the Company (the "Common Shares"). He had also previously acquired on the TSX Venture Exchange a total of 1,247,500 Common Share


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