VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 26, 2014) - New Destiny Mining Corp. ("New Destiny") (TSX VENTURE:NED) wishes to announce that, subject to regulatory approval, it has arranged a private placement of up to 6,000,000 units at a price of $0.05 per unit for gross proceeds of $300,000. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant shall be exercisable into one common share for a period of one year at a price of $0.10 per share. Proceeds of the financing will be used for general working capital. New Destiny will also pay a finder's fee in accordance with the policies of the TSX Venture Exchange.
For further information on New Destiny Mining please visit our website at www.newdestinymining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Robert L. Birmingham, President
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
FOR FURTHER INFORMATION PLEASE CONTACT:
New Destiny Mining Corp.Robert L. Birmingham
(604) 683-5309 (FAX)
Source: New Destiny Mining Corp.