OT Mining Corp. (OTCPK:OTMN) announced that it will receive $750,000 in funding on February 28, 2014. The company will issue common shares and options, warrants or other right to acquire another security to the investors. The minimum investment accepted from any outside investor is $125,000. IIP Securities LLC will serve as placement agent and will receive sales commission of $126,250. The company will issue securities pursuant to exemption provided under Regulation D.

On March 10, 2014, OT Mining Corp. closed the transaction. The company received $375,000 from three investors and paid sales commission of $15,750 to the agent.