Ximen Corporate Update

Sourcing and mining precious metal assets in British Columbia

November 14, 2014

TSX.V: XIM Frankfurt: 1XM USA: XXMMF

Ximen Corporate Update

Vancouver, B.C. - (TSX-V: XIM) Ximen Mining Corp. (the "Company" or “Ximen”) is pleased to announce that it has set its Annual General Meeting date at December 31, 2014. Matters to be voted on will include the appointment of auditors, election of the board of directors and officers and approval of the stock option incentive plan.

The Company further announces that it has closed its non-brokered private placement financing announced September 22, 2014 and revised on October 3, 2014. The Company has closed a total of 2,472,000 units from three tranches. Each unit consists of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder thereof to purchase one additional share of the Company at a price of $0.40 per share for a period of two years from the closing date of the private placements. The shares are subject to a four month hold period expiring four months after the closing dates.

The Company also announces that is has granted options to purchase 570,000 shares to certain officers, consultants and directors of the Company. The options shall be exercisable at a price of $00.30 cents per share and shall have a term of two years.

About Ximen Mining Corp.

Ximen Mining Corp. owns 100 percent interest in its two projects, Gold Drop Project and Brett Gold Project located in southern British Columbia. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, and is listed on the Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XM and WKN number is A1W2EG as well in the USA on the OTCQX under the symbol XXMMF.

On behalf of the Board of Directors,

“Ximen Mining Corp.”

Ximen Mining Corp.

Ximen Mining Corp. News Release

604 488-3900

This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither 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.

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