Minto Explorations Acquires Additional Shares of Northern Tiger
Tuesday, August 25th 2009
Minto Explorations Ltd. announces that it has acquired 650,000 common shares of Northern Tiger Resources Inc. The shares were acquired pursuant to a private placement transaction at a price of C$0.20 per share which closed on August 17, 2009.
As a result of this acquisition, Minto Explorations holds or has control over, as at the date hereof, an aggregate of 6,243,878 common shares which holdings represent approximately 13.2% of the issued and outstanding shares of Northern Tiger, on a non-diluted basis.
Minto Explorations acquired the securities of Northern Tiger for investment purposes only and not for the purpose of influencing control or direction over Northern Tiger. Minto Explorations may, subject to market conditions, make additional investments in or dispositions of common shares of Northern Tiger.
