Odin Announces Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 4, 2015) - Odin Mining and Exploration Ltd. (TSX VENTURE:ODN) (the "Company") announces that it has granted incentive stock options under the Company's stock option plan to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 1,447,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.315 per share, will expire on December 4, 2020, and will vest in three equal parts over the first two years after grant.

Odin Mining & Exploration Ltd.

Lyle Braaten, Director, VP Legal Counsel

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