Northern Gold Announces $2,500,000 Brokered Private Placement

- June 21st, 2010

Northern Gold Mining Inc. (TSX VENTURE:NGM) announced that the company has entered into an agreement with BayFront Capital Partners Ltd. , which has agreed “on a best efforts basis” to complete a private placement financing for aggregate gross proceeds of $2,500,000.

Northern Gold Mining Inc. (TSX VENTURE:NGM) announced that the company has entered into an agreement with BayFront Capital Partners Ltd. , which has agreed “on a best efforts basis” to complete a private placement financing for aggregate gross proceeds of $2,500,000.

The press release is quoted as saying:

Northern Gold Mining Inc. is a Toronto based junior resource company dedicated to gold exploration in the Timmins and Kirkland Lake mining camps of Northern Ontario. The Company’s focus is the Garrison gold property, which contains historic mining infrastructure with producing mines adjacent to the property.

Click here to access the entire press release

Click here to access Northern Gold Mining Inc. Corporate Site

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