VANCOUVER, BC / February 20, 2020 / Ridgestone Mining Inc. (TSX.V: RMI) (OTCQB: RIGMF) (“Ridgestone Mining”) is pleased to announce the closing of the first tranche (the “First Tranche”) of the non-brokered private placement (the “Private Placement”) announced on February 4th, 2020. The Company issued a total of 4,748,347 units (each a “Unit”) at a price of $0.15 per Unit for gross proceeds of $712,252.05.