Red Tiger Announces Completion of Shares for Debt Transaction

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, 2013.

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

David Lurie
CFO and Secretary
Tel.: 416 637-1517 x 107

Profil de l'entreprise

Red Tiger Mining Inc.

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