Vega Mining Inc. (Vega) (TSX VENTURE:VMI) is pleased to announce that it has
closed the non-brokered private placement previously announced November 25th
2013.


A total of 3,140,000 units will be issued as non flow-through units at a price
of $0.05 per unit for total proceeds of $157,000. Each unit will consist of one
common share and one share purchase warrant. Each warrant will entitle the
holder to purchase one additional common share of the Company at a price of
$0.10 per share for 18 months from the date of closing. 


Shares, warrants and any shares issued upon exercise of the warrants are subject
to a hold period of four months expiring June 14th 2014. The proceeds of the
private placement will be used for general working capital.


The following insiders participated in the private placement: Archie Boyce
400,000 units. Finders' fees: Haywood Securities Inc. - $5,000 cash and 100,000
Broker warrants and EMD Financial Inc. - $1,500 cash and 30,000 Broker Warrants.
Each Broker Warrant is convertible into units of the Company at an exercise
price of $0.05 until expiration on August 14th 2015. Each unit comprises one
share and one warrant exercisable at $0.10 per share for 18 months from the date
of closing.


Vega Mining Inc. Inc. (TSX VENTURE:VMI) is a Canadian junior exploration company
focused on discovering gold and graphite deposits in politically safe
jurisdictions. 


On behalf of the board of VEGA MINING INC.

Archie Boyce, President

"Neither the 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."


Cautionary note:

This report contains forward looking statements. Resource estimates, unless
specifically noted, are considered speculative. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. The
production rate and mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations will be
economically viable. By their nature, forward looking statements involve risk
and uncertainties because they relate to events and depend on factors that will
or may occur in the future. Actual results may vary depending upon exploration
activities, industry production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors. Cautionary Note to US
investors: The U.S. Securities and Exchange Commission specifically prohibits
the use of certain terms, such as "reserves" unless such figures are based upon
actual production or formation tests and can be shown to be economically and
legally producible.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Vega Mining Inc.
Archie Boyce
(604) 683 5445
info@vegamininginc.com
www.vegamininginc.com