| Trade Winds Announces Closing Of Private Placement |
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Toronto, Ontario – December 31, 2009– Trade Winds Ventures (TSX-V: TWD, FSE: TVR) reports that it has closed the final tranche of a non-brokered flow-through unit private placement. This closing consists of a total of 4,090,857 flow-through units ("FT Units") at $0.105 per Unit for gross proceeds of $429,540. Each FT Unit consists of one flow-through common share and one-half of one non-transferable non-flow-through common share purchase warrant, with each warrant entitling the holder to acquire one further common share of the Company for a period of one year from closing at an exercise price of $0.20. All securities issued on the FT Closing have a hold period in Canada until May 1, 2010. The gross proceeds from the issue of both tranches of FT Units totaling $1,452,240 will be used for exploration and development of the Company's Detour Lake Project in Northeast Ontario. These funds facilitate the approved 2010 exploration program on Block A, a Joint Venture with Detour Gold Corporation, operated by Trade Winds Ventures Inc. The flow-through funds will constitute Canadian exploration expenses and will be renounced for the 2009 taxation year. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. FOR FURTHER INFORMATION PLEASE CONTACT:
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