New Destiny Mining Corp. Updates Status of Financing, Announces Changes in Management

Suite 1330 – 1075 West Georgia St.

Vancouver, BC V6E 3C9 Telephone: (778) 331-2025 Facsimile: (604) 683-5309

Trading Symbol: NED

NEW DESTINY MINING CORP. UPDATES STATUS OF FINANCING, ANNOUNCES CHANGES IN MANAGEMENT

Vancouver, Canada, August 20, 2015 – New Destiny Mining Corp. (“New Destiny” or the “Company”) (TSX-V Symbol: NED) announces that it is continuing its private placement announced on July 1, 2015. The TSX Venture Exchange has granted the Company a 30 day extension in which to file final documents on placement. The Company expects that the placement to close shortly.

The Company also announces that Mr. Greg Olesen has resigned as President and CEO of the Company but will remain on the board. The Company wishes to thank Mr. Olesen for his time and commitment to the Company over the past year.

Mr. Robert Birmingham has been appointed President and CEO in place of Mr. Olesen.

For further information on New Destiny, please visit our website at www.newdestinymining.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert Birmingham”

Robert L. Birmingham, President & CEO

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.