New Destiny Corporate Update
1
NEW DESTINY MINING CORP.
Vancouver, BC
TSX-V: NED
NEW DESTINY CORPORATE UPDATE
Vancouver, British Columbia – April 14, 202 3 – New Destiny Mining Corp. (TSXV: NED) , (the
“Company” or “ NED”) announces that it will not be proceeding with the private placements previously
announced on February 24, 2023 .The Company will also not be proceeding any further with the letter of
intent agreement to acquire the Indigo Graphite Property as previously announced on March 6, 2023.
The Company will remain focused on the further development of its Treasure Mountain silver project, near
Hope, B.C.
ON BEHALF OF THE BOARD OF DIRECTORS
“Barry Brown”
Director
604-488-3900
Forward Looking Information
This news release includes certain statements that constitute “forward -looking information” within the meaning of a pplicable securities law,
including without limitation, the Company’s information and statements regarding or inferring the future business, operations, financial performance,
prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the
completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number
of estimates and assumptions. These statements re late to analyses and other information that are based on forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect t o predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such
as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends ”, or stating that certain
actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar
expressions are not statements of historical fact and may be forward -looking statements. Forward-looking statement are necessarily based upon
several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future
results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions
regarding present and future business strategies and the environment in which the Company will operate in the future, includi ng the price of gold
and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such
estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to signi ficant business,
economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a specula tive business; that
environmental laws and regulations may become more onerous; that the Company may not be able t o raise additional funds when necessary;
fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent w ith the Company’s
expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or dev eloped.
Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ
materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business
conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers
and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward -looking statements are not guarantees of
future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty
of such statements. The forward -looking statements included in this news release are made as of the date hereof and the Company disclaims any
intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except
as expressly required by applicable securities legislation.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the poli cies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release