Kola Appoints New Director

KOLA MINING CORP. 

1305 – 1090 West Georgia Street, Vancouver, BC, V6E 3V7 Phone: +1.604.685.9316 / Fax: +1.604.683.1585

NEWS RELEASE July 17, 2013

KOLA APPOINTS NEW DIRECTOR

Vancouver, Canada – Kola Mining Corp. (“Kola” or the “Company”) (TSXV: KM) Mr. Nick DeMare is pleased to report that Mr. Michael Iannacone has been appointed a director of the Company. Mr. Iannacone received his Bachelor of Commerce degree (Accounting Major) from the University of British Columbia in 1978. Upon graduation he joined Coopers and Lybrand, Chartered Accountants (since merged into PricewaterhouseCoopers) where he completed his articles and obtained his Chartered Accountant designation in 1980. Mr. Iannacone completed five years with Coopers and Lybrand, working in audit related functions, with primary focus on natural resources and precious metals sector. Since leaving public practice Mr. Iannacone has worked in various operational and finance related positions for companies (both public and private) in such industries as software development, mineral resource development, mineral resource/precious metals production, industrial valve application and marine transportation.

In addition to this director appointment, we are pleased to report that Mr. Harvey Lim has been appointed Chief Financial Officer of the Company. Mr. Lim is currently a director of the Company.

On behalf of the Board, Company Information

“Nick DeMare” 1305 – 1090 West Georgia St., Vancouver, BC, V6E 3V7 Nick DeMare, President & CEO Company Contact: Nick DeMare +1 (604) 685 9316

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