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Queenston Mining Inc.

03:27 PM EST - Queenston Mining Inc. : announced that it has today acquired beneficial ownership of 10,500,000 Class A voting common shares of Mistango River Resources Inc. and 5,250,000 Class A voting common share purchase warrants through a non-brokered private placement. Queenston acquired 2,500,000 Units (at a price of $0.20 per Unit) and 8,000,000 Flow-Through Units (at a price of $0.25 per Flow-Through Unit) for an aggregate subscription price of $2,500,000. Queenston Mining Inc. shares T.QMI are trading down $0.04 at $4.18.