SMC Smc Grp

                                                                 23 August 2013

                   Shefa Mining Corporation (the "Company")

                 Issue of Equity and Request for Trading Halt

On 15 August 2013, Shefa Mining Corporation announced that it had issued
15,000,000 ordinary shares to Joseph Segelman, a director of Shefa Mining
Corporation. The Company wishes to clarify that these shares were issued at a
price of 0.01 cents per share and that the issue of equity was in consideration
for the transfer of rough and faceted sapphire inventory by Joseph Segelman to
the Company.

The issue of equity constitutes a fundamental change of business, under the
First Quote Rules for Issuing Companies, and in the case of the Company, it
represents a material departure from its investment policy and is therefore
deemed to be a reverse takeover. Consequently, the directors of Shefa Mining
Corporation have requested an immediate trading halt over the Company's
securities until the Company is in a position to release a detailed
announcement relating to the reverse takeover.

Following the issue of equity Joseph Segelman holds 16,000,250 ordinary shares
in Shefa Mining Corporation.


For the purposes of the Disclosure and Transparency Rules, the Company's total
issued share capital at the date of this notice is 16,000,250 ordinary shares.
The total number of voting rights in the Company is therefore 16,000,250. This
figure may be used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their interest in, or
a change to their interest in, the Company, under the FCA's Disclosure and
Transparency Rules.


The Directors take responsibility for this announcement.

For further information:

Shefa Mining Corporation

Joseph Segelman, Director

Tel: +1213 457 3772