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New Destiny Mining Corp. Receives Final Exchange Approval on Graphite Properties Agreement
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2012) - New Destiny Mining Corp. (the "Company") (TSX VENTURE:NED) is pleased to announce that it has received final TSX Venture Exchange approval of an option agreement announced May 29, 2012 to acquire 100% of three Graphite properties located in southwestern Quebec.
The properties have been designated the North Low, Calumet and St-Aime. North Low covers an area of 8.4km2 and is situated in Low Township approximately 50km NNW of Ottawa. Calumet property covers an area of 4.81km2 and is located 100km east of North Low property while St-Aime property is contiguous to Timcal's producing Lac-des-iles graphite mine.
"The option to acquire these graphite projects situated in mining friendly Quebec is an exciting step for New Destiny," stated Rob Birmingham, President of New Destiny Mining Corp. "We are eager to begin work on these properties with the initiating of a work program to commence immediately."
For additional information please read the Company's news release dated May 29, 2012 available on SEDAR or the Company website at www.newdestinymining.com.
Robert L. Birmingham, PresidentNeither 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.
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