FOR IMMEDIATE RELEASE:
September 25, 2008
TRI ORIGIN ANNOUNCES CLOSING OF $1 MILLION
FLOW-THROUGH PRIVATE PLACEMENT
Tri Origin Exploration Ltd. (the ?Company? or ?Tri Origin?) (TOE: TSX-V) announced today that it has closed its previously announced non-brokered flow-through private placement financing.
The non-brokered private placement resulted in the issuance of an aggregate of 3,000,000 common shares on a ?flow-through? basis at $0.35 per share for gross proceeds of $1,050,000. The flow-through shares were purchased by a Canadian institutional investor on behalf of managed accounts. The proceeds of the private placement will be used to advance exploration at the Company?s Red Lake Extension gold project (RLX) at Red Lake, Ontario and the North Abitibi gold project, 150 kilometres north of Kirkland Lake Ontario. The common shares are subject to a four month hold period, which expires January 25, 2009.
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Tri Origin is a leading Canadian exploration company with gold and base metal exploration projects in Canada and, through its investment in Tri Origin Minerals Ltd., base metal exploration and development stage projects in Australia.
For further information please contact:
Tri Origin Exploration Ltd.
Dr. Robert Valliant, President and CEO
or
Rudy Duschek C.A, CFA, Executive V-P Corporate Development and CFO
Tel: (905) 294-9942.
Web page - www.triorigin.com
E-mail: invest@triorigin.com
Tri Origin Exploration Ltd. is publicly listed on the TSX Venture Exchange under the trading symbol TOE. Tri Origin has leveraged exposure to mineral discoveries in Australia through its 48% equity interest in its affiliate, Tri Origin Minerals Ltd.; a publicly traded company listed on the Australian Stock Exchange under the symbol TRO.