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Placing Completion Update

01 June 2011

Placing Completion Update

Churchill Mining (AIM: CHL) announces that, further to the private placement announced on 3 May 2011, the Company has today received an initial payment of US$8.0million (approximately £4.85million)with the balance of the subscription funds, being approximately US$4.8 million, expected to be received next week.

Read the full announcement here:

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