War Eagle Announces Debt Settlement

Vancouver, British Columbia – November 10, 2014 - War Eagle Mining Company Inc. (TSXV

• WAR) (“War Eagle” or the “Company”) announces it has agreed to settle creditor debt in the

aggregate of $227,000, by issuing 4,540,000 common shares at a deemed price of $0.05 per share to insider and non-insider creditors of the Company. The transactions contemplated by the debt settlements are subject to certain conditions and approvals, including but not limited to the approval of the TSX Venture Exchange.

For additional information please contact:

War Eagle Mining Company Inc.

Thomas R. Atkins President and CEO 416-509-4326 [email protected]

This news release was prepared by management of War Eagle, which takes full responsibility for its contents. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

TSXV:WAR CUSIP. No. 933901209