New Destiny Mining Increases Previously Announced Financing
NEW DESTINY MINING CORP
SUITE 59 – 701 West Georgia St., 15th Floor
Vancouver, BC V7Y 1C6
Telephone: (604) 783-0499
NEWS RELEASE
NEW DESTINY MINING INCREASES PREVIOUSLY ANNOUNCED FINANCING
Vancouver, British Columbia – March 31, 2017 –New Destiny Mining Corp. (TSX.V: NED) (the
“Company”) announces that it has increased the non flow-through units (the “NFT Units”) portion of the
Company’s current private placement (see February 16th news release) from the original 1,400,000 NFT
Units at a price of $0.18 per NFT Unit to 7,000,000 NFT Units at a price of $0.18 per NFT Unit for gross
proceeds of up to $1,260,000, subject to TSX Venture Exchange acceptance.
The Company is also amending the terms the non flow-through and flow-through warrants, repricing
them both to $0.35 per share with each warrant exercisable into one additional common share for a period
of two years from the date of issue, rather than the previously announced five years from the date of issue.
The warrants are subject to a 20-day forced exercise provision if the closing price of the Company’s
shares is $0.40 or higher for ten consecutive days.
All other details of the private placement can be found within the Company’s February 16th news release.
Proceeds will be used for exploration expenditures on the Company’s Treasure Mountain silver property
in British Columbia, fulfilling its obligations pursuant to the Option Agreement with Ximen Mining Corp.
announced on December 1, 2016 and general working capital. Finders’ fees may be payable in whole or
in part on the private placement pursuant to the policies of the TSX Venture Exchange.
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.