Gitennes completes private placement



    VANCOUVER, Aug. 26 /CNW/ - Gitennes Exploration Inc. (TSX-GIT) announces
that it has completed the private placement originally announced in its news
releases of June 15, 2009 and July 28, 2009. The Company has issued an
aggregate 4,358,264 units at a price of $0.07 per unit for gross proceeds of
$305,080. Each unit consists of one common share and one half of a share
purchase warrant. Each whole warrant entitles the holder to purchase one
common share at a price of $0.12 per share for a period of 18 months. The
securities issued pursuant to the placement are subject to a four month hold
period, expiring December 26, 2009. Insiders of the Company subscribed for an
aggregate of 1,728,572 units.
    The proceeds of this private placement will be used to advance the
Company's gold and silver projects in Peru as well as for general working
capital.

    
    The Toronto stock exchange has neither approved nor disapproved of the
    information herein.
    





For further information:

For further information: Jerry Blackwell, President, Suite 2390 - 1055
West Hastings Street, Box 60, Vancouver, B.C. V6E 2E9, Tel: (604) 682-7970,
Fax: (604) 608-9014, email: info@gitennes.com, website: www.gitennes.com

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Gitennes Exploration Inc.

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