TORONTO, May 16, 2013 /CNW/ - Red Tiger Mining Inc., (TSXV: RMN), (the "Company") announces that it has completed its previously announced
shares-for-debt transaction, whereby trade payables of US$1,423,024
owed to Maquinaria y Construcciones Nunez ("Maquinaria") by the Company's wholly-owned subsidiary, Minerales Libertad S.A. de
C.V., was settled by the issuance of 5,000,000 common shares of the
Company to Maquinaria.
The Debt Shares are subject to a hold period expiring on September 17,
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 or
accuracy of this release.
SOURCE: Red Tiger Mining Inc.
For further information:
Red Tiger Mining Inc.
20 Toronto Street, 12th Floor, Toronto ON, M5C 2B8, Canada
Fax: 416 367 3638
Dr. Thomas Utter
President and CEO
Tel.: +1 52 662 311 8839
CFO and Secretary
Tel.: 416 637-1517 x 107