Mr. Rad Rajaram reports

RIDGESTONE MINING ANNOUNCES $800,000 PRIVATE PLACEMENT

Ridgestone Mining Inc. intends to complete a non-brokered private placement financing of 10 million units at eight cents per unit, raising gross proceeds of $800,000.

Each unit is composed of one common share and one share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company at an exercise price of 10 cents per share for a period of five years from closing, subject to final TSX Venture Exchange approval.

The proceeds from the private placement will be used for mining exploration and development and for general working capital. All securities issued pursuant to the private placement will be subject to a hold period of four months and one day as required under applicable securities legislation.

Directors and officers of Ridgestone may acquire securities under the private placement, which will be considered a related-party transaction as defined under Multilateral Instrument 61-101. Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

About Ridgestone Mining Inc.

Ridgestone has assembled a highly experienced and dynamic team to explore and advance its projects in Mexico. Ridgestone's 100-per-cent-owned Rebeico copper-gold project has high-grade copper and gold pervasive throughout the property with highlights including 1.56 per cent copper plus 1.80 grams per tonne gold intersected over 19.3 metres from surface at the New Year zone and 2.78 per cent copper plus 8.69 grams per tonne gold over 2.0 metres from the Alaska vein.

We seek Safe Harbor.