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New Destiny Announces Financing

Sep 30, 2022about 3 years ago
British Columbia

Description

VANCOUVER, BC / September 30, 2022 / New Destiny Mining Corp. (TSXV:NED), (the "Company" or "NED") is pleased to announce that it has arranged a 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

Company Information

Company

New Destiny Mining

Location

British Columbia, Canada

About

Directors, officers or other insiders of the Company may participate in the foregoing offerings, and such parties may sell securities of the Company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offerings. The proceeds from the Private Placement will be used for general working capital purposes.

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