Tumi Announces Increase to Private Placement
# 1305 – 1090 West Georgia Street TSXV - TM Vancouver, BC, V6E 3V7, Canada Tel: (604) 699-0202 Fax: (604) 683-1585 Frankfurt - TUY Email: [email protected]
Pink Sheets - TUMIF www.tumiresources.com
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News Release October 22, 2010
TUMI ANNOUNCES INCREASE TO PRIVATE PLACEMENT Vancouver, Canada – Tumi Resources Limited (the “Company”) (TSXV-TM; Pink Sheets – TUMIF; Frankfurt - TUY). Further to the Company’s news release of October 15, 2010, announcing the Company’s non-brokered private placement financing of 6,000,000 units (the “Private Placement”), the Company is pleased to announce that the Private Placement has been increased to 7,500,000 units for total gross proceeds of $900,000. All other terms of the Private Placement as previously announced by the Company remain the same.
The increase in the Private Placement is subject to regulatory approval by the TSX Venture Exchange.
On behalf of the Board,
Company Contact: Investor Information Contact:
Mariana Bermudez at (604) 699-0202 Mining Interactive
"David Henstridge"
or email: [email protected] Nick L. Nicolaas at (604) 657-4058 David Henstridge, President & CEO website: www.tumiresources.com or email: [email protected]
Forward Looking Statements This Company Press Release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.