Chinapintza Mining Corp. announced a private placement for gross proceeds of CAD 500,000 on January 7, 2013. The price per security will be determined by the company and the lead agent, and is anticipated to be not being less than CAD 0.10 per security.

The parties anticipate that the transaction will involve an offering of common shares. The transaction may be brokered by a syndicate of investment dealers or non-brokered. The parties anticipate that the agents will be paid customary compensation for their services.