White Tiger Announces Further Private Placement

News Release No. 12-08

Trading symbols:

TSX-V: WTC Frankfurt: W0I

White Tiger Announces Further Private Placement

West Vancouver, British Columbia – June 12, 2012 – By news release dated June 11, 2012, White Tiger Mining Corp. (the “Company” or “White Tiger”) announced that it had closed a non-brokered private placement and had raised $962,000 by the issuance of 6,012,500 flow through shares at a price of $0.16 per share. Of the 6,012,500 shares issued, 5,700,000 shares were acquired by Dundee Corporation of Toronto, Ontario (“Dundee”). As a result of such acquisition, Dundee owns 19.9% of the Company's current issued share capital.

Subject to regulatory approval, the Company now intends to proceed with a further non-brokered private placement to raise up to $1,600,000 by the issuance of up to 10,000,000 non-flow through units (the "Units") at $0.16 per Unit. Each Unit will consist of one common share and one-half of a share purchase warrant, with each whole warrant entitling the holder to purchase an additional common share for a period of two years at an exercise price of $0.26. Of the Units offered, Dundee has indicated that it wishes to acquire 6,250,000 Units, which proposed acquisition will require approval of the Company's shareholders. As part of this private placement, Dundee has indicated that it also wishes to acquire an additional 550,000 flow through shares (the “Shares”) at a price of $0.16 per Share. The Company intends to call a special shareholders' meeting and seek shareholder approval for the acquisition of the Units and the Shares by Dundee.

The Company intends to use the proceeds from this private placement for the continued exploration and advancement of the Company’s Marshall Lake copper, silver, gold property project in Ontario and for general working capital purposes. For further details on the Marshall Lake property project and for previous news releases, please see the Company’s website (www.whitetigermining.com).

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, Robert A. Young, Investor Relations, at 604-682-5123 or visit the Company’s website at www.whitetigermining.com.

WHITE TIGER MINING CORP.

“Douglas L. Mason”

_________________________________ Douglas L. Mason, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

2489 Bellevue Avenue, West Vancouver, BC  V7V 1E1   Tel  604 922 2030  Fax  604 922 2037 www.whitetigermining.com   [email protected]