Trillium Closes Equity Financing for Gross Proceeds of $50,000

Trillium Closes Equity Financing for Gross Proceeds of $50,000

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States.

Toronto, Ontario CANADA, June 14, 2012 /FSC/ - Trillium North Minerals Ltd. (TNM - TSX Venture),("Trillium" or the "Company") announces that on June 13, 2012 it closed its private placement financing for gross proceeds of $50,000, which will be used for general working capital.

In accordance with the provisions of the Subscription Agreement received, on June 14, 2012 the Company issued a total of 1,000,000 Units at $0.05 per Unit, each Unit consisting of one common share and one (1) share purchase warrant, each warrant entitling the holder to purchase one (1) additional common share at $0.10 per share on or before June 13, 2015.  

All of these shares, including any shares issued on exercise of the warrants, will be subject to a hold period under applicable Canadian securities laws expiring on October 15, 2012, and will be subject to such further restrictions on resale as may apply under applicable foreign securities laws.


ON BEHALF OF THE BOARD



Elliot Strashin, President and CEO

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements.

This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities.  Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the company and management, as well as financial statements.


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.

TRILLIUM NORTH MINERALS LTD.
500 - 20 Maud Street, TORONTO
Ontario, CANADA  M5V 2M5
Telephone:  (416) 504-0077 Fax:  (416) 504-6019

402 - 905 West Pender Street, VANCOUVER
British Columbia, CANADA  V6C 1L6
Telephone:  (604) 681-1909 Fax:  (604) 689-5930

To view this press release as a webpage, please click on the following link: http://www.usetdas.com/pr/trillium06142012.htm



Source: Trillium North Minerals Ltd (TSX-V - TNM) http://www.strashindevelopments.com
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