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NED New Destiny Mining Corp

0.06
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
New Destiny Mining Corp TSXV:NED TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.06 0.05 0.065 0 01:00:00

New Destiny Mining Corp. Announces Financing

17/10/2013 10:12pm

Marketwired Canada


New Destiny Mining Corp. (TSX VENTURE:NED) ("New Destiny") announces that it is
arranging a non-brokered private placement of up to 15 million units (the
"Units") at a price of $0.05 per Unit to raise gross proceeds of $750,000. Each
Unit will consist of one common share of New Destiny, and one transferable share
purchase warrant (a "Warrant"). Each Warrant shall be exercisable to acquire one
additional common share for a period of one year at a price of $0.15 per share.
New Destiny will also pay a finder's fee in accordance with the policies of the
TSX Venture Exchange and applicable securities legislation. The financing is
subject to regulatory approval.


New Destiny would also like to announce that it has granted stock options under
its stock option plan to directors, officers and consultants of the Company for
the purchase of up to 1,500,000 common shares at a price of $0.05 per share for
a period of 5 years. The stock option plan and options granted thereunder are
subject to the acceptance of the TSX Venture Exchange.


About New Destiny Mining Corp.

New Destiny Mining Corp. is a mineral exploration company engaged in the
business of acquiring, exploring and evaluating natural resource properties.
Information regarding the Company and its projects is available on the Company's
website at www.newdestinymining.com and under the Company's profile at SEDAR
(www.sedar.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.
Simon Venhuizen
Manager, Investor Relations
778-331-2023
simon@newdestinymining.com
www.newdestinymining.com

1 Year New Destiny Mining Chart

1 Year New Destiny Mining Chart

1 Month New Destiny Mining Chart

1 Month New Destiny Mining Chart