VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/01/10 -- United Mining Group, Inc. (the 'Company') (TSX: UMG)(OTCQX: UMGZF)(FRANKFURT: UM8) announces that it has entered into an engagement agreement with Pope & Company Limited (the 'Agent') to raise up to $8,000,000 by way of a commercially reasonable best efforts private placement (the 'Private Placement'). The Private Placement provides further funding for the
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