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Vancouver, BC / TNW - ACCESSWIRE / V ancouver, B . C ., October 29, 2014 - F I N O R E M INI N G IN C . ( CSE : F I N; OTCQX: FNREF ) (t he " C o m pa n y" or "Finor e ") - Finore, a Canadian public company listed on the Canadian Securities Exchange ("CSE") announces that is in the process of arranging a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per unit (the "Units") for gross proceeds of up to $500,000 (the "Offering"). Each Unit consisting of one common share and one common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to purchase one additional common share at an exercise price $0.10 per common share for the first year from the date of issue, and at $0.15 per common share for the second year from the date of issue. The Units will be distributed to shareholders in accordance with the rules and regulations of the Securities Act and the CSE. The proceeds of the Private Placement is for fulfilling the immediate requirements for the Tomboko Gold Project, Northeast Guinea and the Lantinen Koillismaa PGE-Gold-Copper-Nickel Project, North-Central Finland , and for working capital.

In the event that the common shares of the Company trade at a closing price in excess of $0.20 per share during the first year and $0.30 per share during the second year for a period of 10 consecutive trading days at any time after four months past the closing date, the Company will accelerate the expiry date of the Warrants by giving notice to the holders thereof and in such case, the Warrants will expire on the 30 th day after the date on which such notice is given by the Company.

All shares issued will be subject to a 4 month hold period from the date of issuance in accordance with applicable securities laws. Finder's fees may be payable in connection with the placement.

Completion of this private placement may be subject to regulatory approvals.

Mohan R. Vulimiri, M.Sc., P.Geo, Director of Finore and CEO of Nortec Minerals Corp., is a Qualified Person as defined by NI 43-101. Mr. Vulimiri has approved the corporate and technical content contained in this press release.

A bo u t F i n o re M i n i ng Inc.

Fino r e is a mineral exploration and development company based in Vancouver, British Columbia. The Company controls a 100% interest in the Lantinen Koillismaa PGE+Au-Cu-Ni Project located in North-Central Finland. Finore recently signed a Memorandum of Understanding to have the right to earn an undivided 100% of The Golden Rule Llc's ("TGR") interest in the Tomboko Gold Project, Republic of Guinea, West Africa. More information on the Company's activities can be found on www.finoremining.com.

O n beh a l f o f t h e b o a r d o f d i r e c t o r s of F i n o r e M i n i ng I n c.,

" Peter Tegart "

Peter Tegart

President & CEO

T h e CSE d o e s n o t acce p t r e s p o n si b i l i ty f o r t h e a d eq u ac y o r acc u r a c y o f t h is rele a s e .

T h e f o r w a r d -l oo k i n g i n f o r m a t io n c on ta i n e d i n t h is p r e ss r e le a se is ma d e a s o f t h e d a te o f t h is p r e ss r e le a se a nd , exce p t a s r e qu ired b y a pp l i ca b le la w , t h e C o m p a n y do e s n o t u n d e rta k e a n y o b l i ga t io n to u pd a te p u b l icly o r to r ev ise a n y o f t h e i n c l ud e d f o r w a r d -l oo k i n g i n f o r m a t ion , w h e t h e r a s a r e s u lt o f ne w i n f o r ma t io n , f u t u re eve n ts o r o t h e r w i s e , exce p t a s m a y b e r e qu ired b y la w . B y i t s ve r y n a t u r e , s u c h f o r w a r d -l oo k i n g i n f o r m a t io n r eq u ires t h e C o m p a n y to mak e a s s u m p t ion s t h a t m a y no t ma ter i a l i z e o r t h a t m a y no t b e acc u r a t e . T h is f o rw a r d -l oo k i n g i n f o r m a t i o n is s u b je c t to k no w n an d un k no w n ris k s a n d u n ce rtai n t i e s a n d o t h e r f ac t o rs, w h ich m a y c a u se ac t u a l r e s u l t s, le v e ls o f ac t i v i t y a n d ac h ie v e me n ts to d i f f e r ma teri a l l y f r o m t ho se ex p r e s se d o r i m p l i e d b y s u c h i n f o r m a t ion .

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