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Pacific Rim Mining Closes Private Placement Financing

May 03, 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 3, 2011) - Pacific Rim Mining Corp. (TSX:PMU)(OTCQX:PFRMF) ("Pacific Rim" or "the Company") has closed its previously announced private placement financing. Gross proceeds of CDN $3,696,000 were raised through the issuance of 17,600,000 units ("Units") of the Company, each Unit consisting of one share (a "Share") and one-half of one share purchase warrant (each whole warrant, a "Warrant"). Details of the terms of the financing are available in the Company's news releases # 11-04 and #11-05.

http://www.marketwire.com/mw/release.do?id=1509100&sourceType=3
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