Entourage Metals Ltd.
TSX VENTURE : EMT

Entourage Metals Ltd.

May 09, 2011 10:00 ET

Entourage Metals Announces Non-Brokered Financing with Kinross Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 9, 2011) -Entourage Metals Ltd. (TSX VENTURE:EMT) (the "Company") announces that it has agreed to complete a non-brokered private placement of 1,550,000 common shares at a price of $0.65 per share for proceeds of $1,007,500. The private placement is subject to acceptance for filing by the TSX Venture Exchange.

Kinross Gold Corporation has subscribed for all 1,550,000 shares, which represents approximately 6.9% of the Company's issued and outstanding shares.

The Company intends to use proceeds from the private placement to advance the Company's projects in Ontario, and for general working capital.

Entourage Metals has active mineral projects in the Hemlo Greenstone Belt in Ontario. Details on Entourage Metals' portfolio can be reviewed at the Company's website at www.entouragemetals.com.

Cautionary Notice: This release may contain forward-looking statements or forward-looking information regarding the Company's business or financial condition, including the proposed completion of private placements, anticipated regulatory approvals, the intended use of proceeds and exploration programs. Actual results could differ materially from those described in this release as a result of many factors, including without limitation the timing, results and success of exploration and development programs, financial arrangements and the ability to obtain financing, developments in global resource markets, the timing of regulatory and environmental approvals and other factors. Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligations to update or revise such statements to reflect new circumstances or unanticipated events as they occur, unless required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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