New Destiny Mining Announces Effective Date of Consolidation

NEW DESTINY MINING CORP

SUITE 1330 – 1075 West Georgia St.

VANCOUVER, BC V6E 3C9 Telephone: (604) 783-0499

NEWS RELEASE

NEW DESTINY MINING ANNOUNCES EFFECTIVE DATE OF CONSOLIDATION

Vancouver, British Columbia – August 3, 2016 –New Destiny Mining Corp. (TSX.V: NED) (the “Company”) is pleased to confirm the effective date for the consolidation of one (1) post-consolidation share for every sixteen (16) pre-consolidation shares, as announced on June 23, 2016.

The name and symbol of the Company will remain the same. Effective at the opening on August 5, 2016, the shares of the Company will commence trading on the TSX Venture Exchange on a consolidated basis. The consolidation was approved at a meeting of shareholders on June 27, 2016.

Post-Consolidation Capitalization: Unlimited shares with no par value of which approximately 2,998,602 shares are issued and outstanding.

Transfer Agent: TSX Trust Company

Trading Symbol: NED

CUSIP Number: 64374A200 (new)

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert Birmingham”

Robert Birmingham, President

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.