VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/02/11 -- Playfair Mining Ltd. (TSX VENTURE: PLY) has closed its recently announced, non-brokered, $1.1-million financing through the issuance of 1,091,667 non-flow-through shares and 3,500,000 flow-through shares, all at $0.24 per share under the placement.