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Toronto, Ontario; May 16, 2013, Red Tiger Mining Inc., (TSXV-RMN), (the “Company”) announces that it has completed its previously announced shares-for-debt transaction, whereby trade payables of US$1,423,024 owed to Maquinaria y Construcciones Nunez (“Maquinaria”) by the Company’s wholly-owned subsidiary, Minerales Libertad S.A. de C.V., was settled by the issuance of 5,000,000 common shares of the Company to Maquinaria.

The Debt Shares are subject to a hold period expiring on September 17, 2013.

For further information, please contact:


Red Tiger Mining Inc.
20 Toronto Street, 12th Floor, Toronto ON, M5C 2B8, Canada
Fax: 416 367 3638
[email protected]
www.redtigermining.com

Dr. Thomas Utter
President and CEO
Tel.: +1 52 662 311 8839
[email protected]

David Lurie
CFO and Secretary
Tel.: 416 637-1517 x 107
[email protected]

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.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.