Mr. Greg Olesen reports
NEW DESTINY MINING CLOSES FINANCING
New Destiny Mining Corp. has closed a non-brokered private placement
financing for gross proceeds of $258,400.
The company has allotted and issued 5,168,000 units at a price of five cents per unit. Each
unit consists of one common share in the capital of the company and one share purchase warrant. Each warrant is exercisable by the holder to acquire one additional common share of the
company for a period of two years from issuance at an exercise price of eight cents per share.
All securities issued under the financing are subject to a four-month-and-one-day hold period that expires
on March 1, 2015. In addition, the company paid a finder's fee of $500 to a registered dealer.
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