November 23, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Big Bear Mining Corp (OTCBB: BGBR) said it has raised 500,000.00 in private placements.

The company said it plans to use the funds to facilitate its work in Red Lake and Rattlesnake Hills.

Under the terms of these agreements Big Bear has received $250,000.00 from two different sources, Intosh Services Ltd. and Finter Bank Zurich.

According to Big Bear, both sources have agreed to pay $0.25 per share and will each receive one million shares of restricted stock.

Arizona-based Big Bear Mining is an exploration and development company focused on the acquisition and development of gold and other precious commodity projects.

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