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SML.V ·

Tango Mining Announces Private Placement

Financings

1

Tango Mining Limited

202 – 5626 Larch Street

Vancouver, British Columbia

V6M 4E1, Canada

TSX Venture: TGV

www.tangomining.com

TANGO MINING ANNOUNCES PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA — 4 August 2017 – Tango Mining Limited ("Tango" or the

“Company”) (TSXV:T GV) announces that, subject to TSX Venture Exchange approval, it has closed a

private placement of 5,004,840 units at $0.05 per Unit for a total of $250,242. Each Unit consists of one

common share and one transferable share purchase warrant, with each warrant exercisable into one

common share of the Company at an exercise price of $0. 05 per share, exercisable f or a period of 12

months from the date of issuance.

The funds raised are for general working capital and corporate purposes.

On behalf of the Board of Directors of Tango Mining Limited

Mr. Samer Khalaf

CEO

Tango Mining Limited

[email protected]

Neither 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.