T.B. Mining Ventures Inc. Completes Initial Public Offering as a Capital Pool
Company

THUNDER BAY, ON, Sept. 8 /CNW/ - T.B. Mining Ventures Inc. (the "Company") (TSX-V: TBV.P), a capital pool company, is pleased to announce that on September 8, 2010, it successfully completed its initial public offering (the "IPO") of 1,500,000 common shares in the capital of the Company at a price of $0.20 per common share for gross proceeds of $300,000 (the "Proceeds").  As a result of the IPO, the Company now has 3,025,000 common shares issued and outstanding, of which 1,525,000 are subject to escrow restrictions.

Jones, Gable & Company Limited acted as agent (the "Agent") for the IPO. The Company has paid the Agent a cash commission of $25,500, which is equal to 8.5% of the Proceeds and granted a non-transferable option (the "Agent's Option") to purchase 75,000 common shares of the Company equal to 5% of the number of common shares sold through the IPO. The Agent's Option is exercisable for a period of 24 months from the date of listing on the TSX Venture Exchange (the "Exchange") at a price of $0.20 per common share.

The Company is a capital pool company ("CPC") within the meaning of the policies of the Exchange. The Company has not commenced operations and has no assets other than cash.

The Company will use the net proceeds of the IPO to identify and evaluate potential Qualifying Transactions under the CPC polices of the Exchange.

The common shares have been conditionally approved for listing on the Exchange and are expected to begin trading on September 10, 2010 under the trading symbol "TBV.P". 

Additional documents relating to the Company and the IPO are available to the public on SEDAR at www.sedar.com.

On behalf of the board of directors of

T.B. MINING VENTURES INC.

Per:	"Daniel Mechis"
	Daniel Mechis
	President and Chief Executive Officer

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED THIS NEWS RELEASE AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company's listing of its common shares on the TSX Venture Exchange. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed the contents of this news release and neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information:

Daniel Mechis
Telephone: [phone]
[email protected]