Red Tiger Mining Inc. (TSXV:RMN) announced a non-brokered private placement of 32,700,000 common shares at a price of CAD 0.05 per share for gross proceeds of CAD 1,635,000 on August 14, 2015. The transaction will include participation from returning investor Gerald Metals SA and insiders of the company. No finder´s fees or commissions will be paid.

The securities being issued are subject to a hold period of four months and a day from their date of issuance. The transaction is subject to TSX Venture Exchange approval.