TSXV - TM
Frankfurt - TUY
Pink Sheets - TUMIF
VANCOUVER,
Jan. 22, 2013 /CNW/ - Tumi
Resources Limited (the "Company") (TSXV: TM) (OTCPK: TUMIF)
(Frankfurt: TUY). The Company is pleased to announce that
further to the Company's news release of January 9, 2013, the Company has closed the
private placement financing and has raised $625,000 through the issuance of 12,500,000 units
at $0.05 per unit (the
"Units"). Each Unit consists of one common share and one
common share purchase warrant (the "Warrants"). Each Warrant
entitles holders to purchase one common share of the Company at a
price of $0.10 per common share for a
period of three years.
The hold period for all securities issued under
this private placement will expire by May
23, 2013.
The funds raised will be used to fund further
work on the Company's projects in Sweden and Mexico, and for general working capital
purposes.
On behalf of the Board,
"David Henstridge"
David Henstridge, President &
CEO
Forward Looking Statements This Company
Press Release contains certain "forward-looking" statements and
information relating to the Company that are based on the beliefs
of the Company's management as well as assumptions made by and
information currently available to the Company's management.
Such statements reflect the current risks, uncertainties and
assumptions related to certain factors including, without
limitations, competitive factors, general economic conditions,
customer relations, relationships with vendors and strategic
partners, the interest rate environment, governmental regulation
and supervision, seasonality, technological change, changes in
industry practices, and one-time events. Should any one or
more of these risks or uncertainties materialize, or should any
underlying assumptions prove incorrect, actual results may vary
materially from those described herein.
Neither the TSX Venture Exchange, its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange), nor the Frankfurt Stock
Exchange accepts responsibility for the adequacy or accuracy of
this news release.
SOURCE Tumi Resources Limited