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Tango Closes Private Placement with Strategic Investor

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 4, 2017) – Tango Mining Limited (“Tango” or the “Company”) (TSX VENTURE:TGV) is pleased to announce it has now received TSX.V approval of a private placement for $225,000, consisting of 4,500,000 units at a price of $0.05 per share. Each unit consists of one common share and one share purchase warrant entitling the holder thereof to purchase one additional common share at a price of $0.07 per share for a term of one year from the date of issuance. The shares forming part of the units and any shares issuable upon conversion of the warrants are subject to a four month hold period expiring on 5 August 2017.