WOF Woulfe Mining Corp.

Woulfe Mining Corp. ("Woulfe" or the "Company")  (TSX VENTURE:WOF) (OTCQX:WFEMF)
(FRANKFURT:OZ4) is pleased to announce that it has completed the its
non-brokered private placement as announced on August 23, 2013, placing an
aggregate of 10,000,000 units (the "Units") of the Company at a price of $0.10
per Unit for aggregate gross proceeds of $1,000,000 ("the " Offering"). The
Units were comprised of one common share of the Company and one common share
purchase warrant (a "Warrant"). Each Warrant is exercisable into one common
share of the Company at a price of $0.12 per share until September 13, 2016.


The sole subscriber in the Offering was Dundee Corporation, an insider of the
Company.


All securities issued in connection with the Offering will be subject to a four
month hold period expiring on January 14, 2014. 


The gross proceeds of the Offerings will be used for general working capital
purposes. 


The Company expects to provide an update concerning the exercise of Korea Zinc
Co Ltd.'s right to exercise a participation right in relation to the Offering,
as announced on September 9, 2013, mid-late next week. 


On Behalf of the Board of Directors 

Woulfe Mining Corp. 

Hubert Marleau, Interim Chief Executive Officer and Director 

About Woulfe Mining Corp "Unearthing Global Assets"

Woulfe Mining Corp is focused on 'Unearthing Global Assets' through the
recognition and development of undervalued natural resource projects. Woulfe
differentiates itself by boasting significant technical expertise in the design,
development and operation of mining projects.


Our flag ship project is the Sangdong tungsten mine in South Korea. Woulfe has
entered into strategic agreements with International Metalworking Companies B.V.
('IMC'), part of the Berkshire Hathaway group of companies. This partnership
brings strategic advantage given Woulfe's mining and processing technical
abilities and IMC's downstream manufacturing skills, high level of innovation
and quality of products sold into the global tungsten market. Woulfe Mining
Corp. is a Canadian TSX-V listed company.  


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.  


Forward-looking statements and forward-looking information by their nature are
based on assumptions and involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements or
information. We have made certain assumptions about the forward-looking
statements and information and even though our management believes that the
assumptions made and the expectations represented by such statements or
information are reasonable, there can be no assurance that the forward-looking
statement or information will prove to be accurate. Furthermore, should one or
more of the risks, uncertainties or other factors materialize, or should
underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements or information. These risks,
uncertainties and other factors include, among others, the following: commodity
price volatility; discrepancies between actual and estimated production, mineral
reserves and resources and metallurgical recoveries; mining operational and
development risk; litigation risks; regulatory restrictions, including
environmental regulatory restrictions and liability; failure to complete the
strategic arrangement described in this release, including because of the
failure to satisfy the conditions to closing of the transaction, risks of
sovereign investment; currency fluctuations; speculative nature of mineral
exploration; global economic climate; dilution; share price volatility;
competition; loss of key employees; additional funding requirements. 


There can be no assurance that forward-looking statements or information will
prove to be accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly, you should
not place undue reliance on the forward-looking statements or information
contained herein. Except as required by law, we do not expect to update
forward-looking statements and information continually as conditions change and
you are referred to the full discussion of the Company's business contained in
the Company's reports filed with the appropriate regulatory authorities.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Woulfe Mining Corp
Hubert Marleau
Interim Chief Executive Officer and Director
343 370 1943


Woulfe Mining Corp
Administration Office
+1 604 684 6264
+1 604 684 6242 (FAX)
info@woulfe.com.au
www.woulfemining.com

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