NWM Mining closes $311,440 financing

new gold producer

Commissioning the Lluvia de Oro Gold mine, Sonora State, Mexico.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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NWM Mining closes $311,440 financing

posted on Feb 09, 2009 10:28AM

NWM Mining closes $311,440 financing

2009-02-04 11:04 ET - News Release

An anonymous director reports

NWM MINING CORPORATION CLOSES OVER-SUBSCRIBED NON-BROKERED PRIVATE PLACEMENT

NWM Mining Corp. has closed its private placement financing, reported in Stockwatch on Jan. 28, 2009, of five million units at five cents per unit and an oversubscription of 1,024,000 units at six cents per unit. Gross proceeds of $311,440 have been received. This represents 6,024,000 units with each unit consisting of one common share of NWM and one common share purchase warrant. Each warrant is exercisable for one NWM share at a price of 10 cents until Aug. 4, 2010.

The common shares and warrants comprising the units will be subject to a hold period, ending June 5, 2009, of four months plus one day from the date of issuance in accordance with the policies of the TSX Venture Exchange and applicable securities laws. The private placement offering is subject to regulatory approval and the completion of definitive documentation.

Finder's fees totalling $21,300 have been paid in relation to this private placement. Proceeds of the offering will be used for general working capital. Directors and insiders have subscribed for 12 per cent of this private placement financing.

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