Aldridge Minerals Closes Previously Announced Financing

TORONTO, Feb. 14, 2013 /CNW/ - Aldridge Minerals Inc. (TSX Venture: AGM) 
("Aldridge" or the "Company") is pleased to announce that it has closed its 
previously announced underwritten private placement financing (the 
"Offering"). The Company issued a total of 22,105,082 common shares at a price 
of $0.475 per common share for gross proceeds of approximately $10.5 million. 
In addition, as previously announced, the Company has been advised by ANT 
Holding Anonim Sti ("ANT") that ANT intends to subscribe for and purchase an 
additional 9,534,737 common shares of the Company on a private placement basis 
at a price per share of $0.475, pursuant to the exercise of pre-emptive rights 
held by ANT that entitle it to maintain its pro rata interest in the Company 
in certain circumstances. The Offering was led by Dundee Securities Ltd. as 
sole underwriter. 
In connection with the Offering, Mavi Investment Fund Ltd. ("Mavi"), which, 
following completion of the Offering, owns approximately 19.6% of the 
outstanding common shares of the Company, has been granted the right to 
nominate one individual for election to the Board of Directors of the Company 
for so long as Mavi owns at least 9% of the outstanding common shares of the 
Company. Aldridge is pleased to announce that the initial Mavi nominee, 
Michael Widmer, has been appointed to the Board of Directors effective 
Michael Widmer is a shareholder of HOTS-Invest AG. Founded in 2003, 
HOTS-Invest AG focuses on institutional investment management and private 
banking. Mr. Widmer is also a director of Monterosa Services AG, Monterosa 
Transaction Support Services Pvt Ltd, and Monterosa Asset Management Ltd. 
Between 1996 and 2003, Mr. Widmer was founding partner and manager of TFM 
Asset Management AG, which specialized in investment management for private 
and individual clients. Mr. Widmer lives in Nänikon, Switzerland. 
The net proceeds of the financing will be used to advance the exploration and 
development of the Company's Yenipazar property in central Turkey and for 
general working capital purposes. 
All securities issued under or in connection with the Offering are subject to 
a four month hold period expiring June 15, 2013. 
The securities offered have not been, nor will they be registered under the 
United States Securities Act of 1933, as amended, or state securities laws and 
were not offered or sold within the United States or to, or for the account or 
benefit of, U.S. persons absent U.S. federal and state registration or an 
applicable exemption from the U.S. registration requirements. This release 
does not constitute an offer for sale of securities in the United States. 
About Aldridge 
Aldridge is a near development stage mining company focused on advancing its 
Yenipazar gold and polymetallic VMS deposit (Ag, Cu, Pb, Zn) in Turkey - a 
country that is committed to developing its natural resources and is rapidly 
emerging as an economic powerhouse. Aldridge is currently in the final stages 
of completing the Yenipazar feasibility study, which we expect to deliver in 
March 2013. The Yenipazar project is subject to an earn-in agreement with 
Alacer Gold Corp., wherein Aldridge can earn a 100% working interest subject 
to certain conditions, subject to a 6% net profit interest ("NPI", revenues 
less operational costs) until revenues of US$165 million are generated, and a 
10% NPI from there on. 
Additional information and corporate documents may be found on 
and the Aldridge website, 
Caution Regarding Forward-Looking Information
This news release includes certain forward-looking statements within the 
meaning of Canadian securities laws. Forward-looking statements involve risks, 
uncertainties and other factors that could cause actual results, performance, 
prospects and opportunities to differ materially from those expressed in such 
forward-looking statements. Forward-looking statements in this news release, 
include, but are not limited to failure to satisfy any of the conditions to 
completion of the Offering, economic performance and future plans and 
objectives of Aldridge. Any number of important factors could cause actual 
results to differ materially from these forward-looking statements as well as 
future results. Although Aldridge believes that the assumptions and factors 
used in making the forward-looking statements are reasonable, undue reliance 
should not be placed on these statements, which only apply as of the date of 
this new release, and no assurance can be given that such events will occur in 
the disclosed timeframes or at all. Aldridge disclaims any intention or 
obligation to update or revise any forward-looking statement, whether as a 
result of new information, future events or otherwise. 
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.   
Contact Information: 
Mario Caron President & CEO, Director Aldridge Minerals Inc. (416) 477-6985  
David Carew Director, Investor Relations & Corporate Secretary Aldridge 
Minerals Inc. (416) 477-6984 
SOURCE: Aldridge Minerals Inc. 
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CO: Aldridge Minerals Inc.
ST: Ontario
-0- Feb/14/2013 16:20 GMT
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