Red Tiger Announces Closing of Private Placement Offering and Resumption of Mining Operations

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1567-tsx-venture/rmn/14879-red-tiger-announces-closing-of-private-placement-offering-and-resumption-of-mining-operations.html

TORONTO, Dec. 17, 2015 /CNW/ – Red Tiger Mining Inc., (TSXV: RMN), is pleased to announce that it has closed on 16,336,664 common shares of its previously announced private placement for approximately CAD$816,833 (or CAD$0.05 per common share).

No commission or finder’s fee will be paid in connection with the Private Placement. The shares will be offered pursuant to exemptions from prospectus requirements of applicable securities legislation and will be subject to a hold period of four months and a day from their date of issuance. The Private Placement is subject to TSX Venture Exchange approval.

 

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