International Gold Mining Limited
TSX VENTURE : IGL

International Gold Mining Limited

October 28, 2009 20:34 ET

International Gold Mining Limited Announces Completion of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 28, 2009) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

INTERNATIONAL GOLD MINING LIMITED (TSX VENTURE:IGL) (the "Company") announces it has received final approval from the TSX Venture Exchange for a non brokered private placement, originally announced on September 15, 2009. The Company exercised its overallotment option and issued 105,551,366 common shares at a price of 1 cent per common share for gross proceeds of $1,055,513.66.

The net proceeds of the placement shall be used to finance exploration and development activities on the company's gold and uranium properties.

We seek Safe Harbor.

On behalf of the Board of Directors

INTERNATIONAL GOLD MINING LIMITED

Alan Phillips, President/CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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