Mistango Grants Stock Options

GRANT OF STOCK OPTIONS

January 20, 2012 (KIRKLAND LAKE, ONTARIO): Mistango River Resources Inc. (CNSX:MIS)(OTC:GLRAF (the “Company”) announces that it has granted an aggregate of 400,000 stock options to the Vice President of the Company. Each such stock option entitles the holder thereof to acquire one Class A subordinate voting share of the Company at an exercise price of $0.25 expiring  thirty (30) days after the  termination of the Holder as outlined in the agreement  dated January 1, 2012

Mistango is a Canadian based exploration and development company focussing on its Omega Mine project, with other properties in Ontario and Quebec.

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MIS Closes Non-Brokered Private Placement of Units

Kirkland Lake, Ontario: Mistango River Resources Inc. (CNSX: MIS) (GLRAF: OTC) (“Mistango”) reports that it has closed its previously announced non-brokered private placement pursuant to which it has issued 1,666,666 units of securities (each, a “Unit”) issued on a “flow-through” basis at a price of $0.30 per Unit for gross proceeds of $500,000 (the “Offering”).  Each Unit comprised one Class A Voting Common Share of the Corporation and one-half of one Class A Voting Common Share purchase warrant of the Corporation (each such whole purchase warrant, a “Warrant”), with each Warrant being exercisable to acquire one Class A Voting Common Share (each, a “Warrant Share”) at an exercise price of $0.35 per Warrant Share for a period of two years after the Closing Date, subject to acceleration, at the option of the Company, in the event that the closing price of the Class A Voting Common Shares on the Canadian National Stock Exchange equals or exceeds $0.50 for a period of 10 consecutive trading days at any time after the date hereof.

In connection with the Offering, the Corporation paid a cash finder’s fee equal to, in the aggregate, 5% of the gross proceeds of the Offering.  In addition to the cash finder’s fee, Mistango issued 83,333 non-transferable finder’s warrants (each a Finder’s Warrant”) equal to, in the aggregate, 5% of the number of Units sold.  Each Finder’s Warrant will entitle the holder thereof to acquire one Class A Voting Common Share at a price of $0.35 per share for a period of 2 years after the date hereof.

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Mistango Announces Private Placement Financing

Kirkland Lake, Ontario:  Mistango River Resources Inc. (CNSX: MIS) (GLRAF: OTC) (“Mistango”) is pleased to announce a proposed non-brokered private placement of up to 1,666,666 units of securities issued on a “flow-through” basis at a price of $0.30 per unit (each, a “Unit”) for gross proceeds of up to $500,000 (the “Offering”). Each Unit comprises one Class A Voting Common Share of the Corporation (“Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”), with each Warrant entitling the holder thereof to acquire one Common Share at a price of $0.35 per share at any time within 2 years after the issuance of the Warrant, subject to acceleration in the event that the closing price of the Common Shares on the Canadian National Stock Exchange equals or exceeds $0.50 for a period of 10 consecutive trading days after closing of the Offering. 

The gross proceeds from the sale of the Units will be used to incur Canadian Exploration Expenses for the purposes of the Income Tax Act (Canada). Such Canadian Exploration Expenses will be renounced with an effective date of no later than December 31, 2011.

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MIS Drills 3 Meters of 30.06 G/T Gold at Omega Site

KIRKLAND LAKE, ONTARIO: Mistango River Resources Inc. (CNSX: MIS) (GLRAF: OTC) (the “Company”) is pleased to report the following drill results on their 100% owned Omega Mine Property
Drilling highlights

  • OM-11-40 On section 900W from 25 to 28 metres returned 30.06 g/t gold over 3 metres which includes 88.26 g/t Au over 1.0 metres in the open pit area
  • OM-11-41 On section 900W from 110.5 to 122.0 metres assayed 2.242 g/t Au over 11.5 metres in the open pit area.
  • OM-11-42 On section 950W from 93.0 to 98.0 metres assayed 3.516 g/t Au over 5.0 metres in the 1-2 zone
  • OM-11-44 On section 950W from 64.0 to 65.5 metres assayed 18.55 g/t Au over 1.5 metres and from 168.5 to 175.0 metres assayed 3.342 g/t Au over 6.5 metres.

Read more: MIS Drills 3 Meters of 30.06 G/T Gold at Omega Site

MIS Launches Investor Relations via AGORACOM

Kirkland Lake, Ontario, November 9, 2011 Mistango River Resources Inc. (CNSX: MIS) (GLRAF: OTC) has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services. AGORACOM will specifically provide an online investor relations community for current shareholder communications, as well as, online marketing through search engines, social networks and Tier-1 financial content partners for the purpose of attracting new shareholders.
Online Investor Relations Maximizes Speed, Transparency and Company Access
In response to overwhelming data representing the online research and communications habits of small-cap investors, Mistango chose online investor relations to facilitate faster, better and more accessible communications with both current and prospective shareholders around the world.
Effective immediately, a customized and monitored Mistango IR HUB will be available at http://agoracom.com/ir/MistangoRiverResources , allowing management to communicate with shareholders anytime and in near real-time through our electronic shareholder forum http://agoracom.com/ir/MistangoRiverResources/forums/discussion

Moreover, the IR HUB will provide Mistango management with the ability to extend communications beyond text via audio messages, video presentations, Skype broadcasts, webcasts and podcasts.

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MIS Omega Update Nov. 08/11/11

A second drill has been added for deep drilling down plunge on the Omega property and the first drill continues to investigate the open pit potential. Stripping of high gold geochemical anomalies has started on the Omega Lake Claim area. One new geologist has been added to the exploration team, Ilian Iliev, G.I.T., M.Sc.Geo, M.Sc. Eng will be assisting with the deep drilling at the Omega Mine. A new core farm facility has been built at the Omega site.

The company’s new web site is now available at mistangoriverresources.ca, all of the drill assays, pending drill hole assays and geological sections are now available to the public along with other important information on the Omega property and other company properties.

Read more: MIS Omega Update Nov. 08/11/11

MIS Drill Hole OM-11-19 Intercets Three Gold Zones

Mistango River Resources Inc., is pleased to report the following deep drill results and start of another 10,000 metre drill program.

Drilling highlights

OM-11-19
From 328 to 337.2 metres returned 8.056 g/t gold over 9.2 metres at a vertical depth of 276 metres below surface in the No. 1-2 zone.

OM-11-20
From 386.5 to 395.0 metres returned 3.071 g/t gold over 8.5 metres at a vertical depth of 354 metres below surface in the No. 14 zone.
Mistango River Resources Inc.-Omega Property-2011 Diamond Drilling-Significant Composites

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Grant Of Stock Options

Mistango River Resources Inc., announces that it has granted an aggregate of 100,000 stock options to the Investor Relations of the Company. Each such stock option entitles the holder thereof to acquire one Class A subordinate voting share of the Company at an exercise price of $0.25 for a period of 5 years from the date of grant.

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Standard & Poor's Initiates Factual Stock Report

New York, NY – Standard & Poor’s announced today that it has commenced a Factual Stock Report coverage on Mistango River Resources Inc.
On September 13, 2011, Mistango announced deep drill results from its 100% owned Omega Gold Mines project. Commenting on the intersection; Robert Kasner, President and CEO stated "that this is very encouraging drilling to date has surpassed our expectations and it appears we are developing a new mine out of an old one. We still have assays to come from other deep holes and the potential open pit area. We expect to start another 10,000 metres program by month's end. In the meantime drilling is continuing with one drill."

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