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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. |
