White Tiger Closes Private Placement
Trading symbol: TSX-V: WTC Frankfurt: W0I
News Release No. 11-11
White Tiger Closes Private Placement
West Vancouver, British Columbia – June 22, 2011 – White Tiger Mining Corp. (the “Company” or “White Tiger”) is pleased to announce that, further to its news release dated May 6, 2011, White Tiger has closed its non-brokered private placement (the “Private Placement”). The Company has raised $304,500 by the issuance of 1,015,000 non-flow through units (the “Units”) at a price of $0.30 per Unit. Each Unit consists of one common share and one-half of a share purchase warrant, with each whole warrant entitling the holder to purchase an additional common share at a price of $0.40 for a period of one year from the closing date. In connection with the Private Placement, finders’ fees were paid in the amount of $13,440. All of the securities issued pursuant to this Private Placement are subject to a hold period expiring on October 22, 2011.
The Company intends to use the proceeds from this Private Placement for additional drilling on the “RM Zone” and other possible targets on the Company’s Marshall Lake copper, silver, gold property project in Ontario and for general working capital purposes. For further details on the Marshall Lake property project and for recent drilling and assay information, see the Company’s website (www.whitetigermining.com) and White Tiger’s recent news releases dated April 5, April 11, April 20, May 3 and May 30, 2011.
For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, Robert A. Young, Investor Relations, at 604-682-5123 or visit the Company’s website at www.whitetigermining.com
White Tiger Mining Corp.
“Douglas L. Mason”
_________________________________ Douglas L. Mason, Director (Chairman)
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.