Red Cloud Klondike Strike Mining Equity Crowdfunding Platform Off to Strong Start; IDM Mining Ltd. Recently Posted

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Red Cloud Klondike Strike Mining Equity Crowdfunding Platform Off to Strong Start; IDM Mining Ltd. Recently Posted

TORONTO, ON--(Marketwired - April 11, 2016) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Red Cloud Klondike Strike Inc. ("RedCloudKS") is pleased to announce the posting of a new investment opportunity to its equity crowdfunding/online financing platform: IDM Mining Ltd (TSX VENTURE: IDM). This is the largest deal in terms of the amount sought by an issuer on the platform to date.

There are now four live mining investment opportunities on www.redcloudks.com, a mere few weeks from the date of the launch of the platform.

RedCloudKS is committed to continually seeking additional opportunities to showcase to investors via the platform. Prior to the launch of www.redcloudks.com, these types of opportunities were reserved for only a small group of select investors.

Visit www.RedCloudKS.com now and register. There is absolutely no obligation to invest and it's free! Note that registration is necessary in order to view additional data about the investment opportunities on the platform.

IDM Mining Ltd. ("IDM")

The IDM financing consists of an offering of units ("Common Units") and flow-through units ("Flow Through Units") of the company. The $3.5M Common Unit financing will sell at a price of $0.09 per Common Unit, where each Common Unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of $0.15 per common share for a period of 24 months following the closing of this financing. Up to $4.0 million worth of Flow-Through Units at a price of $0.11 per Flow-Through Unit may be sold, where each Flow-Through Unit will consist of one common share and one-half of a non-transferable share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of $0.15 per common share for a period of 24 months following the closing of this financing.

The three investment opportunities previously posted on the platform are shown below in order of listing:

Banyan Gold Corp. ("Banyan") -- 18 days remaining until closing

For this offering each unit comprises of one common share at a price of $0.09.

Radisson Mining Resources Inc. ("Radisson") -- 21 days remaining until closing

For this offering, each unit comprises of one common share at a price of $0.15 plus a 1/2 warrant at a price of $0.20 for a period of 18 months.

Sudbury Platinum Corp. ("Sudbury Platinum") -- 18 days remaining until closing

This is a secondary offering of shares acquired by Red Cloud Klondike Strike Inc. and Oberon Capital Corporation in the Company's most recent "bought deal" financing. For this offering, each unit consists of single common share and is priced at $0.30 per unit.

About Red Cloud Klondike Strike Inc.:

Red Cloud Klondike Strike Inc. is an exempt market dealer focused on providing unique and innovative financing and growth solutions to mining companies.

Working as an extension of management, RedCloudKS uses its global network of capital markets specialists and extensive experience in the many facets of the business to help companies identify alternative sources of capital and quality actionable growth opportunities, and to generate and maintain important relationships with key investors.

The RedCloudKS signature online investment platform offers a unique alternative method of accessing capital as it enables investors to directly participate in security offerings of select companies, and provides issuers the access to a fresh pool of investors in a streamlined, secure, online process. This platform reduces current investment barriers in the industry and addresses the need for change and innovation in mining finance.

For further information, please contact:

Katherine Fedorowicz
VP, Marketing & Investor Relations
Red Cloud Klondike Strike Inc.
[email protected]
www.RedCloudKS.com

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