TSX Venture Exchange
TORONTO, Sept. 4, 2012 /CNW/ - NWM Mining Corporation ("NWM" or the "Company") (TSX-V: NWM) announces that it has closed a private placement resulting in the
issuance of 12,833,334 common shares at a price of $0.06 per share for
gross proceeds of $770,000. The common shares issued in connection
with this private placement will be subject to a hold period, ending
January 5, 2013, which is four months plus one day from the date of
issuance, in accordance with the policies of the TSX Venture Exchange
and applicable securities laws. The private placement offering is
subject to regulatory approval.
Fees totalling $77,000 and common shares totalling 1,283,333 have been
paid to placement agents in connection with this private placement.
Additional information about NWM can be found on the NWM website at www.nwmcorp.ca or on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy of this release.
SOURCE: NWM Mining Corporation
For further information:
NWM Mining Corporation at (416) 364-6799