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Gold/Mining/Energy : Tenke Mining Corp (TNK)
TNK 53.84-1.0%Dec 23 3:59 PM EST

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To: Greywolf who wrote (482)3/3/2003 4:06:27 PM
From: Greywolf   of 486
 
Private Placement Closed
Monday March 3, 2:22 pm ET

VANCOUVER, BRITISH COLUMBIA--Tenke Mining Corp. (the "Company") reports that it has completed the previously announced private placement of 4 million shares in the capital stock of the Company at a price of Cdn $1.35 per share for gross proceeds of Cdn $5.4 million.
The Company has received regulatory acceptance of the private placement and the securities have now been issued to the investors.

ON BEHALF OF THE BOARD

Paul K. Conibear, President
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