Black Panther Reprices Previously Granted Stock Options

News Release No: 14-01

Trading symbols: TSX-V: BPC Frankfurt: BP4

Black Panther Reprices Previously Granted Stock Options

West Vancouver, British Columbia – January 9, 2014 – Black Panther Mining Corp. (the “Company” or “Black Panther”) announces that, in accordance with TSX Venture Exchange stock option repricing amendments announced on August 14, 2013, the Company has repriced 440,000 previously granted stock options to certain directors, officers, employees and consultants, which stock options are now exerciseable at a price of $0.05 per share for a term of 5 years from the original grant date of July 2, 2013.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, or visit the Company’s website at www.blackpanthermining.com.

Black Panther Mining Corp.

“Douglas L. Mason”

_____________________________________ Douglas L. Mason, Chief Executive Officer

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.