Mr. James Rogers reports

TURMALINA ARRANGES $1.5 MILLION FINANCING

Turmalina Metals Corp. has arranged a non-brokered private placement of up to 15 million units of the company at a price of 10 cents per unit for aggregate gross proceeds of up to $1.5-million.

Each unit will comprise one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of 15 cents for a period of 24 months from the closing date of the offering.

The securities under the offering will be subject to restrictions on resale expiring four months and one day after issue. The company may pay registered finders a fee in cash and/or share purchase warrants. The company intends to use the net proceeds to satisfy continuing costs associated with its properties as well as for general working capital purposes.

About Turmalina Metals Corp.

Turmalina Metals is an exploration company focused on developing its portfolio of high-grade gold-copper-silver projects in South America. The company's focus is on tourmaline breccias, a deposit style overlooked by many explorers. Turmalina Metals is led by a team responsible for multiple gold-copper-silver discoveries that is highly experienced in this deposit style. The company's projects are characterized by open, high-grade mineralization on established mining licences that present compelling drill targets. The flagship project held by Turmalina is the San Francisco project in San Juan, Argentina.

We seek Safe Harbor.