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 September 21, 2012
Treasury Metals Completes $6.0 Million Financing

 /NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES/

TORONTO, Sept. 21, 2012 /CNW/ - Treasury Metals Inc. ("Treasury Metals" or the "Company") is pleased to announce that it has completed its previously announced equity financing, including the full amount of the over-allotment option, for aggregate gross proceeds of $6.0 million (the "Offering"). In total, 2,000,000 Units were sold at $0.75 per Unit and 5,625,000 Flow-Through Shares were sold at $0.80 per Flow-Through Share. The Offering was completed through a syndicate of underwriters led by Canaccord Genuity Corp. and including Casimir Capital Ltd. and Jennings Capital Inc. (collectively, the "Underwriters").

The net proceeds raised through the Offering will be for the advancement of the Company's assets and for general working capital purposes.

Forward Looking Statements

This press release contains forward-looking statements such as the expected use of the net proceeds from the private placement, our future financial condition, business plans and objectives, results of operations and business. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance or events and involve risks and uncertainties that are difficult to predict and may be beyond Treasury Metals' control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth herein and in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Treasury Metals disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

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File: http://www.treasurymetals.com/i/pdf/news/2012-09-21_NR.pdf
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