PETERSON LAW ACTS FOR PROBE MINES LIMITED AS IT CLOSES $25.0 MILLION PRIVATE PLACEMENT
On April 21, 2011 Probe Mines Limited (“Probe Mines”) closed a private placement of 18,520,000 units at a price of C$1.35 for gross proceeds of C$25,002,000. Each unit consists of one common share and one half of one common share purchase warrant (each whole such warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional common share of the Company at a price of C$1.70 until April 21,