NWM Closes Overallotment Financing

25.08.2011  |  CNW

TORONTO, Aug. 25, 2011 /CNW/ --
TSX Venture Exchange


Symbol: NWM


Shares Outstanding: 423,755,410

TORONTO, Aug. 25, 2011 /CNW/ - NWM Mining Corporation (TSXV: NWM)
announces the closing of an overallotment on its July 8, 2011 private
placement financing. 487,000 shares were issued at a price of $0.125
per common share for aggregate gross proceeds of $60,875. Commissions
amounting to $4,837.50 were paid and shares totalling 38,700 issued to
placement agents in connection with this overallotment.

The overallotment of the private placement is subject to regulatory
approval and the securities issued are subject to a four month plus one
day hold period, ending December 26, 2011, in accordance with the
policies of the TSX Venture Exchange and applicable securities laws.

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 of this release.

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please contact NWM Mining Corporation at (416) 364-6799.