Ms. Ellen Clements reports

NEW NADINA CONTINUES WITH PRIVATE PLACEMENT FINANCING

New Nadina Explorations Ltd. is continuing with the private placement announced June 20, 2017. The terms are 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 subject to terms. See the company's June 20, 2017, news release for full details.

The drill program, explained in the June 20, 2017, news release, is expected to commence Sept. 1 and expected to take eight to 10 weeks. The property site has good year-round access with full core sampling facilities.

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.

Finders' fees of 7 per cent may be paid in cash to eligible finders in accordance to the TSX Venture Exchange 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.