New Destiny Mining Corp. announced a non-brokered private placement of up to 3,000,000 units at a price of CAD 0.03 per unit for gross proceeds of CAD 90,000 on September 30, 2022. The transaction will include participation from directors, officers or other insiders. Each flow-through unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable at a price of CAD 0.05 per share for period of five years. The company may pay finders' fee to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both subject to approval by the TSX-V.

On November 8, 2022, the company announced that it expects to close the transaction shortly.