Vancouver, BC - Astral Mining Corporation (TSX-V AA, AA.WT) ("Astral" or "the Company") Vancouver, BC - Astral Mining Corporation (TSX-V AA, AA.WT) ("Astral" or "the Company") is pleased to announce the closing of its private placement announced on September 22, 2011 by issuing a final total of 1,600,000 units of the Company, at a price of $0.23 per unit, for gross proceeds of $368,000. Each unit comprised one common share and one-half of one transferable share purchase warrant. Each full Warrant entitles the holder to purchase one additional common share of the Company for 12 months from the closing date at a price of $0.40 per common share. All of the foregoing securities are subject to a hold period expiring February 26, 2012. The Company paid finder’s fees totaling $34,500 cash on a portion of the private placement.

The Company intends to use the proceeds from the private placement to fund exploration on its properties and for general working capital. Astral Mining Corporation is a Canadian company engaged in the exploration and development of precious metal properties in North America. By focusing on exploration in mining-friendly districts, the Company minimizes the political and social risks encountered in many other parts of the world. With a new gold discovery at the Company's Jumping Josephine Gold Project in Southern British Columbia and an experienced technical team and seasoned management, Astral is poised to leverage this expertise into early exploration success. Further details on Astral Mining Corporation and its high-quality portfolio of exploration projects can be found at www.astralmining.com.

ON BEHALF OF THE BOARD 

“Manfred Kurschner" Mr. Manfred Kurschner, 

 President & CEO Astral Mining Corporation

For further information on Astral please contact Manfred Kurschner, President & CEO, at (604) 569-0800, or by email This e-mail address is being protected from spambots. You need JavaScript enabled to view it This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or visit the Company's web site at http://www.astralmining.com 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

 
2011 Number 17