VANCOUVER, Aug. 25 /CNW/ - Minto Explorations Ltd. announces that it has
acquired 650,000 common shares of Northern Tiger Resources Inc. The shares
were acquired pursuant to a private placement transaction at a price of C$0.20
per share which closed on August 17, 2009.
As a result of this acquisition, Minto Explorations holds or has control
over, as at the date hereof, an aggregate of 6,243,878 common shares which
holdings represent approximately 13.2% of the issued and outstanding shares of
Northern Tiger, on a non-diluted basis.
Minto Explorations acquired the securities of Northern Tiger for
investment purposes only and not for the purpose of influencing control or
direction over Northern Tiger. Minto Explorations may, subject to market
conditions, make additional investments in or dispositions of common shares of
For further information:
For further information: Minto Explorations Ltd., Stephen P. Quin,
President & CEO, (604) 684-8894