Ms. Marcy Kiesman reports

DURANGO CLOSES FIRST TRANCE OF PLACEMENT

Durango Resources Inc. has closed a first tranche of the private placement that was previously announced on Sept. 18, 2015. This closing included gross proceeds raised of $25,000.

The company has issued 500,000 units at five cents per unit, and each unit consists of one common share and one share purchase warrant, which entitles the shareholder to purchase one common share at a price of 10 cents until Oct. 2, 2016.

All securities are subject to a four-month hold period ending Feb. 3, 2016.

The proceeds received from the units will be used by the company for exploration on the Decouverte property, the B.C. limestone properties and general working capital.

We seek Safe Harbor.