TANGO MINING ANNOUNCES PRIVATE PLACEMENT

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VANCOUVER, BRITISH COLUMBIA — 4 August 2017 – Tango Mining Limited (“Tango” or the “Company”) (TSXV:TGV) announces that, subject to TSX Venture Exchange approval, it has closed a private placement of 5,004,840 units at $0.05 per Unit for a total of $250,242.  Each Unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable into one common share of the Company at an exercise price of $0.05 per share, exercisable for a period of 12 months from the date of issuance.

The funds raised are for general working capital and corporate purposes.

On behalf of the Board of Directors of Tango Mining Limited

Mr. Samer Khalaf

CEO

Tango Mining Limited

info@tangomining.com

Neither 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 release.