NEWS RELEASE
Michael Cooney (the "Offeror"), of Sausalito, California, reports that the Offeror has acquired ownership and control of 11,500 Class A common shares (the "Common Shares") of NEMI Northern Energy & Mining Inc. (Toronto Stock Exchange: NNE.A) (the "Issuer"), representing approximately 0.02% of the outstanding Common Shares, at a price of C$0.235 per Common Share, pursuant to a market transaction through the facilities of the Toronto Stock Exchange (the "Transaction").
Upon completion of the Transaction, the Offeror had ownership and/or control of 5,798,000 Common Shares, representing approximately 10.02% of the outstanding Common Shares. The securities were acquired for investment purposes. The Offeror may in the future acquire or dispose of securities of the Issuer, through the market, privately or otherwise, as future circumstances or market conditions may warrant.
A copy of the early warning report to which this news release relates may be obtained from:
Anfield Sujir Kennedy & Durno
Attention: Eric Pau
1600 – 609 Granville Street, Vancouver, B.C. V7Y 1C3
Tel: (604) 669-1322
Fax: (604) 669-3877
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release The issuance of this News Release is not an admission that an entity named in the news release owns or controls any described securities or is a joint actor with another named entity.