Playfair Mining is pleased to announce that it is proceeding with a non-brokered private placement of up to 10 million common shares at $0.05 per share for gross proceeds of up to $500,000.

The proceeds will be used for further exploration, including drilling, of its Ox Mountain project in the Republic of Ireland, and for general working capital purposes.

Completion of the private placement is subject to acceptance by the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to resale restrictions under applicable securities legislation and the rules of the TSX Venture Exchange.

Visit our website at www.playfairmining.com for more information on Playfair’s properties.

ON BEHALF OF THE BOARD

“D. Neil Briggs”

D. Neil Briggs, Director

 

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.