Ditem Explorations Inc.: Brokered Private Placement for

Ditem Explorations Inc.: Brokered Private Placement for $1,000,000 
MONTREAL, QUEBEC -- (Marketwire) -- 11/20/12 -- Ditem (TSX
VENTURE:DIT) is pleased to announce that it has signed an agreement
for a brokered, private placement to raise gross proceeds of up to
$1,000,000. The placement is composed of flow-through units (the
"Flow-Through Units") for gross proceeds of $750,000 and cash units
(the "Cash Units") for gross proceeds of $250,000. The agent is MGI
Securities ("MGI") and the financing is subject to regulatory
approval.  
Each Flow-Through Unit offered at $0.05 shall consist of 1
Flow-Through common share and 1 common share purchase warrant. Each
warrant entitles its holder to purchase one additional common share
at a price of $0.10 for a period of 24 months from the Closing Date.
Each Cash Unit offered at $0.05 will be comprised of 1 common share
and 1 common share purchase warrant. Each warrant entitles its holder
to purchase 1 additional common share at a price of $0.07 for a
period of 12 months from the Closing Date and at a price of $0.10 for
the following 12 months. There will be a hold period of 4 months on
all securities issued.  
MGI shall receive a cash commission equal to 10% of the gross
proceeds and shall be granted warrants by the Corporation to acquire
that number of Common Shares equal to 10% of the aggregate number of
Flow-Through Units and Cash Units sold under the Offering (the
"Agent's Warrants"), exercisable at a price of $0.10 per Agent's
Warrant for a period of 24 months from the Closing Date.  
This Financing will be sold on a private placement basis pursuant to
the "accredited investor" exemption under National Instrument 45-106
and certain other available and agreed upon exemptions. The selling
jurisdictions for the Offering will be the provinces of British
Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Quebec, and
such other provinces of Canada or other jurisdictions as agreed upon. 
Ditem intends to use the proceeds of the Flow Through Units for
exploration work on Ditem properties, namely the properties in the
Detour Gold Trend, the Bruell gold property near Val-d'Or and on the
Lalande rare earth property near La Romaine. Cash Units will be used
for acquisitions and general administrative purposes.  
Ditem 
is an exploration and development company with properties in
Quebec situated in the Detour Gold Trend, the Bruell property in the
Val-d'Or area, and the Lalande property on the North Shore near La
Romaine and in the Otish Basin and, in Saskatchewan, in the Athabasca
Basin. Properties and general information may be viewed on the
Company's website at www.ditem.com. 
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. 
Contacts:
Ditem Explorations Inc.
Raymond Savoie
514-875-9034
rs@ditem.com 
MGI Securities Inc.
Paul Bernard
514.570.7285
pbernard@mgisecurities.com
 
 
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