White Tiger Mining Corp. (the "Company" or "White Tiger") (TSX
VENTURE:WTC)(FRANKFURT:W0I) announces that, subject to regulatory approval, it
intends to proceed with a non-brokered private placement (the "Private
Placement") to raise up to $1,500,000 by the issuance of up to 5,000,000
non-flow through units (the "Units") at $0.30 per Unit. Each Unit will consist
of one common share and one-half of a share purchase warrant, with each whole
warrant entitling the holder to purchase an additional common share at a price
of $0.40 for a period of one year from the closing date. With respect to this
Private Placement, the Company may pay finders' fees in the amount of 7% of the
proceeds raised from the sale of the Units (payable in cash or Units at a deemed
price of $0.30 per Unit) purchased by subscribers introduced to the Company by
such finders.


The Company intends to use the proceeds from this Private Placement for
additional drilling on the "RM Zone" and other possible targets on the Company's
Marshall Lake copper, silver, gold property project in Ontario and for general
working capital purposes. For further details on the Marshall Lake property
project and for recent drilling and assay information, see the Company's website
(www.whitetigermining.com) and White Tiger's recent news releases dated April 5,
April 11, April 20 and May 3, 2011.


White Tiger Mining Corp.

Douglas L. Mason, Director (Chairman)

Grafico Azioni (TSXV:WTC)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di
Grafico Azioni (TSXV:WTC)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di