Ms. Ellen Clements reports

FINANCING ANNOUNCED TO DRILL SILVER QUEEN

New Nadina Explorations Ltd. has made progress on its 100-per-cent-owned Silver Queen property south of Houston, B.C., near Owen Lake. A 5,000- to 8,000-metre drill program in the northwest section of the Itsit copper molybdenum gold porphyry will extend strike and depth of previous intercepts of high-grade silver in the NG3 vein, and test two additional targets (see news release dated May 24, 2017).

One target located just beyond the high-grade silver veins is of coincident high chargeability and low resistivity. Certain drill holes testing the epithermal high-grade silver veins will be extended (deepened) to test this target. The second target (blue) is a deep, large, very conductive geophysical anomaly to the northwest of the NG3 vein system, could indicate massive sulphides and will be tested by a single drill hole.

The No. 3 vein system west of the porphyry striking northwest carries gold, silver, lead and zinc, and is not epithermal appearing as seen within the porphyry to the east.

Intercepts of drill hole 12S-05 will be tested by 10 to 12 drill holes extending a 250 m area in the upcoming drill program. Drilling would be directed toward proving a resource estimate.

                               HOLE 12S-05
                           (hole depth: 777 m)


Depth (m)      True width (m) Silver (g/t) Gold (g/t) Copper (%) Lead (%) Zinc (%)

332.5 to 338.0           2.2      1,580.8       3.15       1.25     0.90     0.48
410.5 to 419.75         3.70        166.6        2.3       0.26     0.22     0.90

The drill program will commence Sept. 1 and is expected to take eight to 10 weeks. Previous porphyry drilling resulted in excellent per-day footages. The program will terminate to allow reclamation prior to snowfall. The site has good year-round access with full core logging and sampling facilities.

James Hutter, PGeo, a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical content of this release.

Private placement

New Nadina is also pleased to announce a non-brokered private placement of six million units at a price of eight cents per unit for gross proceeds of $480,000. The units of the financing will comprise one common share and a full share purchase warrant, exercisable for a period of five years at a price of 12 cents per share. The term of the warrants may be accelerated in the event that the issuer's shares trade at or above a price of 15 cents per share for a period of 10 consecutive trading days. In such case of accelerated warrants, the issuer shall give notice by way of a news release to the subscribers that the warrants will expire 30 days from the date of providing such notice.

Directors, officers or other insiders of the company may participate in the foregoing offerings, and such parties may sell securities of the company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offerings. The company will make available a portion of the offering to existing shareholders using provisions of the Canadian existing securityholder exemption pursuant to Multilateral CSA Notice 45-313 -- prospectus exemption for distributions to existing securityholders (CSA 45-313), and the corresponding blanket orders and rules implementing CSA 45-313 in the participating jurisdictions in respect thereof.

The offering shall include two parts, a private placement to existing shareholders and a non-brokered private placement to all other eligible investors, in accordance with applicable TSX Venture Exchange rules and securities laws.

Certain subscribers under the foregoing offerings may be participating through an exemption contained in Multilateral CSA Notice 45-313, and the various corresponding blanket orders and rules of participating jurisdictions, or Multilateral CSA Notice 45-318, and various blanket orders and rules of participating jurisdictions.

For subscribers utilizing the existing shareholder exemption, the offering is available to all shareholders of the company as at June 19, 2017 (and still are shareholders), who are eligible to participate under the existing shareholder exemption. Any person who becomes a shareholder of the company after the record date is not permitted to participate in the offerings using the existing shareholder exemption but other exemptions may still be available to them. Shareholders who became shareholders after the record date should consult their professional advisers when completing their subscription form to ensure that they use the correct exemption.

There are conditions and restrictions when relying upon the existing shareholder exemption, namely, the subscriber must: (a) be a shareholder of the company on the record date (and still is a shareholder), (b) be purchasing the units as a principal, that is, for their own account and not for any other party and (c) may not purchase more than $15,000 value of securities from the company in any 12-month period. There is one exception to the $15,000 subscription limit. In the event that a subscriber wants to purchase more than $15,000 value of securities then they may do so provided they have first received suitability advice from a registered investment dealer, and, in this case, subscribers will be asked to confirm the registered investment dealer's identity and employer.

If an offering is oversubscribed, it is possible that a shareholder's subscription may not be accepted by the company even though it is received. Additionally, in the event of an imbalance of large subscriptions compared with smaller subscriptions, management of the company reserves the right in its discretion to reduce large subscriptions in favour of smaller shareholder subscriptions.

If an offering is not fully subscribed or the overallotment option is not fully exercised, then management of the company will determine the allocation of net proceeds amongst the above purposes in the best interests of the company. There may be circumstances, however, where, for sound business reasons, a reallocation of funds may be necessary.

Subscribers utilizing the existing shareholder exemption must reside in one of the following jurisdictions: Alberta, British Columbia, Manitoba, New Brunswick, Ontario, Nova Scotia, Northwest Territories, Prince Edward Island, Quebec, Saskatchewan and Yukon. Shareholders resident in Newfoundland and Labrador are not permitted to participate in the offering under the existing shareholder exemption. Existing shareholders resident in countries other than Canada will need to meet local jurisdiction requirements to participate.

Subscribers implementing the investor dealer exemption must reside in one of the following jurisdictions: Alberta, British Columbia, Manitoba, New Brunswick and Saskatchewan. Subscribers resident in Ontario, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Prince Edward Island, Quebec, and Yukon are not permitted to participate in the offering under the existing shareholder exemption. Subscribers resident in countries other than Canada will need to meet local jurisdiction requirements to participate.

There is no material fact or material change of the company that has not been generally disclosed. The securities issued pursuant to the offering will be subject to statutory hold periods.

Assuming the entire offering is fully subscribed, the company intends to allocate the net proceeds toward exploration drilling of the Silver Queen property. While the company currently anticipates that it will use the net proceeds as described, it may reallocate the gross proceeds from time to time depending upon the company's growth strategy relative to market and other conditions in effect at that time.

A finder's fee may be paid in cash, share purchase warrants or a combination of both to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offering and payment of finders' fees are both subject to approval by the TSX-V.

We seek Safe Harbor.