Marifil Mines : Announces Financing Units and Gross Proceeds Correction

VANCOUVER, B.C.---MARIFIL MINES LTD. (TSX-V: MFM) ("Marifil" or "the Company") wishes to correct its press release dated September 15, 2015 in which the Company stated it would be completing a private placement of up to 6,000,000 units at $0.01 per unit for gross proceeds of up to $60,000.

The correct units and gross proceeds should be as follows: 10,000,000 units, at $0.01 per unit for gross proceeds of up to $100,000. The remaining terms of the placement are unchanged.

Each unit will consist of one common share and one warrant. Each warrant will entitle the holder to acquire an additional common share at a price of $0.05 per share for the first 24 months from the date of issuance and $0.10 for the next 36 months, subject to accelerated expiry in the event the Company's shares trade at $0.20 per share for a period of twenty (20) consecutive trading days after expiry of the 4-month hold period. Closing of the private placement is anticipated to be on September 30, 2015.

All units issued pursuant to this placement will be subject to a four month hold period from the date of issuance.

Proceeds from the placement will be used for audit, legal, property maintenance, general working capital and due diligence costs related to the potential limestone asset sale. The private placement is subject to the approval of the TSX Venture Exchange.

For further information please contact:

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (http://www.sedar.com) or at Marifil's Website (http://www.marifilmines.com.)

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