MAMMOTH RESOURCES ANNOUNCES CLOSING ON $720,000 PRIVATE PLACEMENT AND COMMENCEMENT OF DIAMOND DRILLING AT ITS TENORIBA GOLD-SILVER PROJECT, CHIHUAHUA, MEXICO

Recent News on Mammoth Resource Energy Sector Toronto, Canada Mammoth Resources Corp. (TSX-V: MTH), (the Company ) is pleased to announce that it has closed its previously announced non-brokered private placement (the Private Placement ) of up to 8,000,000 units (the Units ) of Mammoth at $0.09 per Unit, for gross proceeds of up to $720,000. Each Unit consists of one common share (a Common Share ) and one common share purchase warrant (the Warrant ) of the Company. Each Warrant will
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