New Destiny Mining Announces Financing
February 04 2013 - 1:06PM
Marketwired Canada
New Destiny Mining Corp. ("New Destiny") (TSX VENTURE:NED) announces that it is
arranging a non-brokered private placement of up to 6 million units (the
"Units") at a price of $0.05 per Unit to raise gross proceeds of $300,000. 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.
For further information on New Destiny please visit our website at
www.newdestinymining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Robert L. Birmingham, President
FOR FURTHER INFORMATION PLEASE CONTACT:
New Destiny Mining Corp.
(604) 998-4727
(604) 678-5309 (FAX)
www.newdestinymining.com
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