Northern Tiger Resources Inc.
TSX VENTURE : NTR

Northern Tiger Resources Inc.

March 31, 2009 16:01 ET

Northern Tiger Resources Inc. Announces Private Placement Offering

EDMONTON, ALBERTA--(Marketwire - March 31, 2009) - Northern Tiger Resources Inc. ("Northern Tiger") (TSX VENTURE:NTR) today announced that it will be offering on a non-brokered private placement basis (the "Offering"): (a) units ("Units") at a price of $0.08 per Unit; and (b) flow-through common shares ("Flow-through Common Shares") of Northern Tiger at a price of $0.08 per flow-through common share, for aggregate gross proceeds of up to $500,000. Each Unit will consist of one common share of Northern Tiger ("Common Share") and one transferable share purchase warrant ("Warrant"). Each whole Warrant will entitle the holder to acquire an additional Common Share at a price of $0.12 at any time within 24 months of issuance. Insiders of Northern Tiger may participate in the Offering.

The Units and Flow-through Common Shares will be offered to qualified purchasers in reliance upon exemptions from the prospectus and registration requirements of applicable jurisdictions. The Offering is subject to certain conditions, including regulatory approval. The proceeds from the sale of Flow-through Common Shares will be used to incur expenditures which qualify as Canadian Exploration Expenses, and will be primarily used to explore Northern Tiger's Sonora Gulch property in the Yukon. The proceeds from the sale of the Units will be used primarily for general corporate expenses.

Subject to approval by the TSX Venture Exchange and applicable securities legislation, Northern Tiger may pay finder's fees to brokers or other third parties (a "Finder") in respect of sales made to purchasers referred to Northern Tiger by a Finder.

Northern Tiger Resources Inc. is a new Canadian-based resource exploration company focused on the rapidly developing Dawson Range gold-copper mining district in the Central Yukon. Through its exploration alliance with Capstone Mining Corp.'s wholly owned subsidiary, Minto Explorations Ltd., Northern Tiger benefits from a wide range of experience, knowledge and capabilities from early exploration to mine production.

Trading Symbol: NTR: TSX-V

Neither 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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