LONDON, UNITED KINGDOM — (Marketwire) — 09/09/11 — Jim Slater today announced that he has acquired beneficial ownership or control over 1,125,000 common shares (each, a "Common Share") in Spanish Mountain Gold Ltd. ("Spanish Mountain") at a purchase price of C$0.80 per share for total consideration of C$900,000. Following these transactions, Mr. Slater beneficially holds or controls 11,375,000 Common Shares, representing approximately 6.90% of the issued and outstanding
