Radisson Announces Closing of a $193,400 Private Placement

Radisson Mining Resources Inc. (TSX VENTURE:RDS) ("Radisson") is pleased to
announce that it closed a $193,400 private placement for development of the
O'Brien/Kewagama project. 


In connection with this placement, Radisson issued 1,074,445 flow-through shares
at a price of $0.18. These shares are divided among ten private investors. No
cash compensation is linked to the placement and the shares issued are subject
to a hold period of four months and one day. 


Radisson's management intends to use the proceeds of this placement to continue
updating the resource calculation for its O'Brien/Kewagama project. "The new
updated resource estimate could serve as a lever for our Company's development"
said the President of Radisson, Mario Bouchard. 


ABOUT RADISSON MINING RESOURCES: 

Radisson is a Quebec-based mineral exploration company. Radisson's main asset,
the O'Brien/Kewagama project is located on the Cadillac Break, 5 km west of the
Lapa gold mine and approximately 4 km southeast of the LaRonde mine, both owned
by Agnico-Eagle. 


The project hosts the O'Brien Mine, which is considered the highest grade gold
producer of the Abitibi Greenstone Belt (production of 1,302,000 tons at 0.448
oz/t from 1932 to 1955). 


The Company's exploration work on the project has confirmed the presence of
218,540 ounces of gold (indicated resource) (based on an indicated resource of
270,000 tons at an uncut grade of 0.56 oz/ton and an inferred resource of
182,000 tons at an uncut grade of 0.37 ounces) as defined in the Scott Wilson
RPA NI 43-101 report of May 2007. These resources, all outlined above the
650-metre level, are located about 800 metres east of the old O'Brien mine
workings, and represent a new discovery of high grade mineralization of the same
type mined and produced at the O'Brien gold mine. These resources are in a gold
zone referred to as Zone 36. 


In 2011 and 2012, the Company carried out two diamond drilling programs,
resulting in new discoveries in the largely unexplored eastern portion of the
project (Kewagama) and further definition of the eastern extension of Zone 36
mineralisation.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mario Bouchard
President and CEO
(819) 277-6578
mbouchard@radissonmining.com


Donald Lacasse, Eng.
Vice President, CFO and Secretary-Treasurer
(819) 797-0606
dlacasse@radissonmining.com
www.radissonmining.com

Radisson Mining Resources (TSXV:RDS)
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