Cline Mining Corporation

Cline Mining Corporation

February 20, 2014 08:28 ET

Cline Receives Extension of Forbearance Agreements

TORONTO, ONTARIO--(Marketwired - Feb. 20, 2014) - Cline Mining Corporation ("Cline" or the "Company") announced today that it has received extensions of the forbearance agreements ("Forbearance Extensions") relating to the trust indentures entered into between the Company and Marret Asset Management. The Forbearance Extensions shall remain in effect until the earlier of (i) March 17, 2014 and (ii) the occurrence of a Forbearance Termination Event as such term is defined in the trust indentures.

Copies of the forbearance agreements are available on the Company's reference page at the System for Electronic Document Access and Retrieval (www.sedar.com).

About Cline

Cline is a Canadian mining company focused on the maintenance and development of its 100% owned New Elk coking coal mine located in Colorado, U.S.A. With a head office in Toronto and site offices at the mine, Cline is led by a management and operations team with significant exploration and mining experience.

For further details on Cline, please refer to Cline's web site (www.clinemining.com) and Cline's Canadian regulatory filings on SEDAR at www.sedar.com.

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