NWM Mining is pleased to announce the closing of a 30,000,000 common share private placement financing. Each share was issued at a price of $.10 cents per common share for aggregate proceeds of CAD $3,000,000. Commissions amounting to CAD $192,500 were paid, and shares totalling 1,925,000 issued, to placement agents in connection with this financing. Hale Capital of New York is a new investor to NWM.