New Destiny Updates Previously Announced Financing

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Nov 09, 2022

VANCOUVER, BC / ACCESSWIRE / November 8, 2022 / New Destiny Mining Corp. (TSXV:NED, Financial), (the "Company" or "NED") would like to update, that its previously announced financing of September 30, 2022 is expected to close shortly. The non-brokered private placement of three million units at a price of $0.03 per unit for gross proceeds of $90,000. The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of five years at a price of $0.05 per share. The term of the warrants may be accelerated in the event that the issuer's shares trade at or above a price of $0.10 per share for a period of 10 consecutive days. In such case of accelerated warrants, the issuer may give notice, in writing or by way of news release, to the subscribers that the warrants will expire 30 days from the date of providing such notice.