Red Tiger Announces Non-Brokered Private Placement and the Commissioning of an Updated NI 43-101 to update the Resource/Reserve Disclosure on the San Antonio Property
June 4, 2013
Red Tiger Mining Inc. announces that it intends to carry out, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to, among other investors, insiders of the Company for gross proceeds of up to CAD$2,000,000 consisting of common shares of the Company at a price of CAD$0.18 per Share. The proceeds will be used by the Company for required capital expenditures and working capital at the Luz del Cobre mine, which is owned by the Company’s wholly-owned subsidiary, Minerales Libertad, S.A. de C.V.
