New Destiny Arranges Financing _____________________________________________________________________________________
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NEW DESTINY MINING CORP.
888 Dunsmuir Street, Suite 888
Vancouver, BC V6C 3K4
TSX-V : NED
New Destiny Arranges
Financing
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Vancouver, British Columbia – December 21, 2021 – New Destiny Mining Corp. (TSXV: NED), (the
“Company” or “ NED”) is pleased to announce that it has arranged a non- brokered private
placement of up to 1 million flow through units at a price of Cdn$0.08 per unit for gross proceeds
of $ 80,000. Each Flow -Through Unit consists of one common share that qualifies as a “flow-
through share” as defined in subsection 66(15) of the Income Tax Act and one transferable
common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a
period of 24 months from the date of issue, one additional non- flow-through common share of
the Issuer at an exercise price of Cdn$0.10 per share.
The proceeds of the private placement will be used for continued exploration work at the
Company’s Treasure Mountain property in British Columbia.
A finder's fee may be paid to eligible finders in accordance with the TSX-V policies. All securities
issued pursuant to the offering will be subject to a hold period of four months and one day from
the date of closing. The offerings and payment of finders' fees are both subject to approval by the
TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
“Al Beaton”
Director
604-488-3900
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Forward Looking Information
This press release contains certain "forward-looking statements" within the meaning of Canadian securities
This press release contains certain "forward-looking statements" within the meaning of Canadian securities
legislation, including statements regarding the receipt of TSX Venture Exchange approval and the exercise
of the Option by the Company. Although the Company believes that such statements are reasonable, it can
give no assurance that such expectations will prove to be correct. Forward-looking statements are statements
that are not historical facts; they are generally, but not always, iden tified by the words "expects," "plans,"
"anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective,"
"prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could"
or "should" occur, or are those statements, which, by their nature, refer to future events. The Company
cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made and they involve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements. Except to t he extent
required by applicable securities laws and the policies of the TSX Venture Exchange, the Company
undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or
opinions, or other factors, should change. Factors that could cause future results to differ materially from
those anticipated in these forward-looking statements include the possibility that the TSX Venture Exchange
may not accept the proposed transaction in a timely manner, if at all. The reader is urged to refer to the
Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic
Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk
factors and their potential effects.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor
shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale
would be unlawful.
Neither 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.