New Destiny Mining Proceeds with Second Tranche of Financing

NEW DESTINY MINING CORP

PO Box 28012 W Pender Street VANCOUVER, BC V6C 3T7 Telephone: (604) 783-0499

NEWS RELEASE

NEW DESTINY MINING PROCEEDS WITH SECOND TRANCHE OF FINANCING

Vancouver, British Columbia – November 24, 2016 –New Destiny Mining Corp. (TSX.V: NED) (the “Company”) announces that, further to its news releases dated September 22 and October 6, 2016, the Company will be proceeding with a second tranche to the non-brokered private placement financing for up to an additional 900,000 units (the “Units”) at a price of $0.13 per Unit for gross proceeds of up to $117,000 (the “Financing”).

Each Unit consists of one common share of the Company and one transferable common share purchase warrant (each a “Warrant”). Each Warrant shall be exercisable to acquire one additional common share for a period of up to 5 years at an exercise price of $0.17, subject to an acceleration clause. This clause states that if four months and one day after the Warrants are issued, the closing price of the common shares of the Company, on the principal market on which such shares trade, is equal to, or exceeds, $0.25 for 20 consecutive trading days, the Warrant expiry date shall accelerate to a date 20 calendar days after issuance of a press release by the Company announcing that reduced warrant term.

The Company may also pay a finder’s fee in accordance with the policies of the TSX Venture Exchange and applicable securities legislation. This financing is subject to TSX Venture Approval.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert Birmingham”

Robert 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.