Vancouver, BC, January 30, 2012 St. Elias Mines Ltd. ("St. Elias" or "the Company"), announces that further to its news release dated October 22, 2012, announcing a non-brokered private placement of a minimum of 50 million units to a maximum of 100 million units at a price of $0.10 per unit, the private placement has now been withdrawn.
For additional information on St. Elias and its projects, please visit us at www.steliasmines.com or call Danny Aaron at 1-888-895-5522 (toll free US and Canada).
ST. ELIAS MINES LTD.
(signed "Lori McClenahan")
Lori McClenahan, President
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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, 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 statement
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