re: Ann: Private Placement Allotment and Clea... "Completion of...

re: Ann: Private Placement Allotment and Clea... "Completion of Capital Raising and Cleansing Notice
Indochine Mining Limited (ASX:IDC) ("Indochine" orthe "Company") is
pleased to announce the successful completion and allocation of a capital
raising of $13,188,000 million via private placement of 94,200,000 new IDC
shares at $0.14 per share with new and existing institutional and sophisticated
investors, clients of Empire Securities and Petra Capital. The Company
welcomes Capital Group, one of the world’s largest fund managers, as the lead
new institutional investor.
The placement was finalised and shares allotted on Tuesday, 6 November 2012.
The funds will be used for working capital and activities in connection with the
recent drilling identifying “bonanza” gold zones, assaying of completed drill
holes, and a resource upgrade.
Ian Ross, the Chairman of Indochine said“the support of major institutional
shareholders, including the first time investment by one of the world’s largest
fund managers, reinforces the much larger potential ofthe Mt Kare gold/silver
project and the Company’s approachto deliver this project”.