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Wednesday, November 23, 2011 11:24:24 AM

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Hinterland Closes Private Placement for $505,200

Friday, September 30, 2011

VAL D'OR, QUEBEC--(Marketwire - Sept. 30, 2011) - Hinterland Metals Inc. (TSX VENTURE:HMI) has closed a non-brokered private placement for gross proceeds of $505,200 through the issue of 3,368,000 flow-through shares at a purchase price of $0.15 per flow-through share. As part of the private placement, an officer of the Company subscribed for $9,900. The securities sold under the private placement were issued pursuant to exemptions from the prospectus and registration requirements of applicable securities laws, subject to the receipt of necessary regulatory approvals, and to a four month hold period ending January 31, 2012. The Company paid finder's fees of $28,638 in cash. The proceeds from the private placement will be used by Hinterland to advance its exploration projects within Quebec.

Follow Hinterland on:

Facebook: http://www.facebook.com/hinterlandmetals
Twitter: http://twitter.com/hinterland_hmi
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Shares Issued 24,094,614

FOR FURTHER INFORMATION PLEASE CONTACT:

President
Mark Fekete
Toll Free 1-877-874-8182
info@hinterlandmetals.com
www.hinterlandmetals.com


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.

http://www.theglobeandmail.com/globe-investor/news-sources/?date=20110930&archive=ccnm&slug=201109300732519001

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