VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/15/12 — Kola Mining Corp. ("Kola Mining" or "the Company") (TSX VENTURE: KM)(FRANKFURT: C8M) – Mr. Sergei Dubovik, President & CEO of the Company, announces a debt settlement with Petesteri Enterprises Limited ("Petesteri"). The Company owed to Petesteri US$1,800,000 (one million and eight hundred thousand US dollars) as the principal debt and the interest accrued thereon (the "Debt"). The Company ha
