Vendetta Mining Corp. announced that the company has entered into debt settlement agreements with two arms' length creditors of the company, pursuant to which it will settle aggregate debt of approximately $100,292.16. Under the terms of the first debt settlement agreement, the company has agreed to settle debt in the amount of $44,625.00 through the issuance of 686,538 common shares in the capital of the company at a price of $0.065 per Common Share. Under the terms of the second debt settlement agreement, the Company has agreed to settle debt in the amount of $55,667.16 through the issuance of 927,786 units of the Company at a price of $0.06 per Settlement Unit. Each Settlement Unit will be comprised of one Common Share and one-half of one transferable Common Share purchase warrant, with each whole warrant entitling the holder to purchase one additional Common Share at an exercise price of $0.09 for a period of three years from the date of issue. The Common Shares and Settlement Units will be subject to a four month hold period. The debt settlement is subject To Approve the TSX Venture Exchange.