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File: MONTAN final News ReleaseAnnouncing Opening of Convertible Note PP and Closing PP Units (2).DOCX

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PRESS RELEASE
MONTAN MINING CORP. CLOSES UNIT PRIVATE PLACEMENT, ANNOUNCES CONVERTIBLE NOTE PLACEMENT
Vancouver, BC, August 25, 2015 - Montan Mining Corp. (TSXv: MNY) (FSE: S5GM) (the "Company" or "Montan") announces tha
--->t it has closed its unit private placement announced on June 11, 2015.  The Company issued 2,947,778 units (each, a "U
--->nit") at a price of $0.18 per Unit for gross proceeds of $530,600.04 (the "Offering").  Each Unit consists of one comm
--->on share and one-half of one non-transferable share purchase warrant (each whole warrant, a "Warrant"), with each Warr
--->ant entitling the holder thereof to acquire one additional common share of the Company (each, a "Warrant Share") for a
---> period of two years from the date of issuance at an exercise price of $0.25 per Warrant Share. 
Other details of the private placement were announced in the Company's news release of July 6, 2015. 
The Company also announces that it has arranged for a convertible note private placement of up to $1,000,000 in conver
--->tible notes. Each note accrues simple interest at 14% per annum which has been prepaid until Maturity, being one year 
--->from issuance. The principal amount of each note is convertible at any time at a price of $0.125 into units of the Com
--->pany comprising one common share and one common share purchase warrant. Each whole warrant may be exercised at an exer
--->cise price of $0.175 into one additional common share of the Company for a period of 2 years from closing of the note 
--->financing. The securities issued will be subject to a four month and one day hold period. 
Finder's fees may be payable in connection with the convertible note financing, and the financing is subject to TSX Ve
--->nture Exchange approval. 
The proceeds of the Offering will be used to advance the Company's operations at the Mollehuaca Gold Processing Plant 
--->in anticipation of its acquisition, as announced by the Company on June 11, 2015, and for working capital.

MONTAN MINING CORP. 
  
Ian Graham     
CEO and Director   
Ph: 1.604.671.1353     
Email: igraham@montanmining.ca  
About Montan Mining Corp.
Montan Mining Corp. (TSXv: MNY) (FSE: S5GM)  is positioned for growth in Peru through the acquisition and development 
--->of advanced and/or cash flow mining opportunities. Montan is backed by an experienced and high-energy management team 
--->with diverse technical, market and finance strengths and expertise and is supported by committed and sophisticated inv
--->estors focused on building value for the long term.
For more information, please visit the corporate website at http://www.montanmining.ca or contact:
Investor Contacts:

Ward Kondas
Corporate Development
Ph: +1 778 918 8384
Email: wkondas@montanmining.ca

Peru / South America:

Luis Zapata
Executive Chairman
Peru: + 51 980 782 111
Canada: 1.604.358.1382
Email: lzapata@montanmining.ca
 
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 news release.