NED New Destiny Mining Corp

New Destiny Mining Corporation (the "Company") (TSX VENTURE:NED) is pleased to
announce that it has obtained an option 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.




Terms                                                                     
                                                                          
  (i)    $10,000 cash immediately (paid);                                 
                                                                          
  (ii)   $50,000 cash and 500,000 Shares upon receipt of regulatory       
         approval of this Agreement (the "Approval Date"),                
                                                                          
  (iii)  $25,000 cash and 500,000 Shares 6 months after the execution     
         date,                                                            
                                                                          
  (iv)   200,000 Shares 12 months after the execution date.               



During the period which is 12 months from the date of TSX Venture Exchange
acceptance, New Destiny will complete a minimum of C$100,000 of exploration on
the properties. The vendors will retain a 2-per-cent royalty on each property,
of which 1 per cent can be purchased for $1-million. A finder's fee will be
payable in the maximum amount allowable in accordance with the TSX Venture
Exchange rules and policies.


Graphite Market 

Global consumption of natural graphite has increased from approximately 600,000
tonnes in 2000 to roughly 1.2 million tonnes in 2011. Demand for graphite has
been increasing by approximately 5 per cent per year since 2000 due in part to
strong demand resulting from the continuing modernization of China, India and
other emerging economies. In addition to traditional consumption in the steel
and automotive industries, graphite also has many important new applications in
lithium-ion batteries, fuel cells, and nuclear and solar power that have the
potential to create significant incremental demand growth. A lithium-ion battery
contains 10 to 20 times more graphite than lithium. Demand for graphite is
expected to increase sharply as electric vehicles and lithium battery
technologies are adopted.


Natural graphite comes in several forms: flake, amorphous and lump. Of the 1.2
million tonnes of graphite produced annually, approximately 40 per cent is of
the most desirable flake type. China, which produces about 70 per cent of the
world's graphite, is seeing production and export growth leveling, and export
taxes and a licensing system have been instituted. A recent European Commission
study regarding the criticality to the European economy of 41 different
materials included graphite among the 14 materials high in both economic
importance and supply risk (Critical Raw Materials for the EU, July 2010).


Graphite commodity prices have been increasing in recent months and, in the last
few years, prices for large flake, high purity graphite (+80 mesh, 94-97%C) have
more than doubled. High-growth, high-value graphite applications require
large-flake and high-purity graphite which is the prime exploration and
development target on the Company's Quebec properties.


The agreement remains subject to acceptance by the TSX Venture Exchange.

Mr. Luc Lamarche, P.Geol, a Qualified Person as defined by National Instrument
43-101, has read and approved the contents of this release.

New Destiny Mining (TSXV:NED)
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