Tawsho Announces Issuance of Shares for Debt

Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Corporation") announces
the issuance of common shares for debt pursuant to a mining interest option
agreement. The payment terms under an Option Agreement with Rhino Exploration
Ltd. ("Rhino") dated February 8, 2010, as amended (the "Option Agreement")
pursuant to which Tawsho may acquire a 100% ownership interest of Rhino's
Whisker Valley claims, located on Baie Verte Peninsula, Newfoundland, require
Tawsho to make a third anniversary cash payment of $100,000 in order to preserve
its right to acquire the interest. Rhino and Tawsho have agreed to the issuance
of common shares of the Corporation in lieu of this payment and, as a result,
Tawsho has issued a total of 1,010,100 common shares at a deemed price of $0.099
per share. The Whisker Valley claims continue to be a focus of Tawsho's current
exploration program and the Corporation looks forward to continuing its work in
this area.


ABOUT TAWSHO MINING INC:

Tawsho is a mining exploration company focused on the acquisition, exploration
and development of gold resources and advanced stage gold exploration projects.
The Corporation is presently developing its Whisker Valley Property (comprised
of 764 claims, covering an area of 19,100 hectares, or 191 sq. km) and its Cabot
Property (comprised of 102 claims covering and area of 2,550Ha or25.5sq. km)
both located in Baie Verte Peninsula, Newfoundland and its Chevrier Property(
comprised of 557 claims, covering an area of 9542 hectares, or 95.4 sq. km)
located in the Chibougamau region of Quebec. Tawsho currently has approximately
26.7 Million shares outstanding.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tawsho Mining Inc.
Mr. Joseph Feldman
President and CEO
416 464-4793
[e-mail]