Vancouver, BC - Astral Mining Corporation (TSX-V AA, AA.WT) ("Astral" or "the Company") is pleased to announce that is has completed its private placement announced on February 3, 2011 by issuing 2,500,000 units of the Company, at a price of $0.20 per unit, for gross proceeds of $500,000. Each unit comprised one common share and one transferable share purchase warrant. Each warrant entitles the holder to purchase one additional common share for two years from closing at a price of $0.25, if exercised during the first year, and at a price of $0.35, if exercised during the second year. The Company paid finders' fees totaling $30,000 cash on a portion of the private placement. All of the foregoing securities are subject to hold periods expiring four months from date of issuance.

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 the Americas. 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 atwww.astralmining.com.

For further information on Astral please contact Manfred Kurschner, President & CEO, at 604-961-8881, or by email This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or visit Astral's web site at http://www.astralmining.com.
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.

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.