Tumi Resources Limited (TSXV:TM) announced a non-brokered private placement of 12,500,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 625,000 on January 9, 2013. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holders to purchase one common share of the company at an exercise price of CAD 0.10 per share for a period of up to three years from the closing. Directors and officers of the company will participate in the financing.

On January 17, 2013, the company announced that the round includes participation from 16 investors including, Henstridge Family Super Fund, David Henstridge, N.Demare through 888 Capital Corp., Mariana Bermudez, S. Emerson through Roxbury Capital Group, and Scott Emerson for 1,300,000 units, 1,300,000 units, 500,000 units, 200,000 units, 630,000 units, and 370,000 units respectively.