Redtail Announces Private Placement

TSX-V: RTZ
www.redtailmetals.com

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

VANCOUVER, Nov. 30, 2011 /CNW/ - Redtail Metals Corp. (TSX-V: RTZ)  (the "Company") announces that it will conduct a non-brokered private placement of up to 2,222,000 units of the Company at $0.225 per unit (the "Units") to raise gross proceeds of up to $500,000. Each Unit will consist of one common share of the Company and one half of one share purchase warrant, each full warrant entitling the holder to acquire one additional common share of the Company at a price of $0.30 per share, for a term of two years from the date of issuance.

The proceeds from this private placement will be used for general working capital purposes.  The private placement is subject to receipt of all required regulatory approvals.

About Redtail Metals Corp.
Redtail Metals specializes in identifying, acquiring and developing quality precious metal enriched copper, lead and zinc mineral deposits in Yukon, Canada. The Company currently controls the Marg and Clear Lake massive sulfide deposits, both with 43-101 compliant mineral resources, along with a number of other quality exploration properties in Yukon. Redtail Metals has a committed management team with extensive experience in Yukon and a proven track record of building shareholder value in the junior equity market.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Redtail Metals' plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Redtail Metals' assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

SOURCE Redtail Metals Corp.

For further information:

Redtail Metals Corp.
John W. Legg, President
(604) 648-4653
In Europe: Blair M. Shilleto, Chairman
41 (0) 79 205 37 26
info@predatorgroup.ca
www.redtailmetals.com

Profil de l'entreprise

Redtail Metals Corp.

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