Tango Mining Secures Services of TWO Key Executives
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Tango Mining Limited
202 – 5626 Larch Street
Vancouver, British Columbia
V6M 4E1, Canada
TSX Venture: TGV
www.tangomining.com
TANGO MINING SECURES SERVICES OF TWO KEY EXECUTIVES
VANCOUVER, BRITISH COLUMBIA — 8 September 2017 – Tango Mining Limited ("Tango" or the
“Company”) (TSXV:TGV) is pleased to announce that, effective 1 July 2017, it has secured the services of
two key executives by entering into consulting agreements with each of Samer Khalaf, Chief Executive
Officer, and with Terry L. Tucker, Executive Chairman. Under the terms of the consulting agreements,
both Mr. Khalaf and Mr. Tucker have agreed to provide their consulting services for a term o f one year,
renewable annually. In order to assist Tango in conserving cash, Mr. Khalaf has agreed to accept his
monthly compensation by the issuance of common shares of Tango, to be issued at the closing price of
Tango’s stock on the date of issuance, subject to a mi nimum price of $0.05 per share. Mr. Tucker has
agreed to accept a 55% of his monthly compensation by the issuance of common shares of Tango.
For the months of July and August 2017, Mr. Khalaf has been issued 840,000 common shares and Mr.
Tucker has been issued 462,000 common shares, which shares were issued at a deemed price of $0.05
per share, being the minimum price pursuant to the policies of the TSX Venture Exchange.
The Company also confirms that the private placement announced on 27 July 2017 has closed and a
total of 3,754,840 units were issued for aggregate proceeds of US$150,000 (C$187,742). Each unit
consists of one common share and one share purchase warrant entitling the holder thereof to purchase
one additional common share at a price of $0.05 per share, exercisable on or before 8 September 2018.
The common shares issued under the private placement and any shares that may be issued upon
exercise of the share purchase warrants are subject to a four month hold period expiring on 9 January
2018.
On behalf of the Board of Directors of Tango Mining Limited
Mr. Samer Khalaf
CEO
Tango Mining Limited
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.