New Destiny Mining Corp. announced 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 announced that Mr. Greg Olesen has resigned as President and CEO of the Company but will remain on the board. Mr. Robert Birmingham has been appointed President and CEO in place of Mr. Olesen.