Boxxer announces private placement

CALGARY, Aug. 27 /CNW/ - Boxxer Gold Corp. (TSX Venture: BXX) ("Boxxer" or the "Corporation") today announced its intention to raise up to $250,000 by way of a non-brokered private placement (the "Offering"). A total of up to 5,000,000 Units will be offered for sale at a price of $0.05 per Unit. Each Unit will consist of one common share in the share capital of Boxxer and one-half of a Common Share purchase warrant ("Warrant"). Each whole Warrant shall be exercisable for 12 months from the date of issuance into one Common Share at an exercise price of $0.10 per Common Share. Boxxer will use the proceeds of the Offering for general working capital purposes. The Offering is subject to regulatory approval.

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

Forward-Looking Statements: This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

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