Nadina
Subject: New Nadina news release
PLAIN TEXT:
New Nadina Continues with Private Placement Financing
August 10, 2017 GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations
Limited (TSX VENTURE: NNA) announces it is continuing with the Private
Placement announced June 20, 2017. The terms which are .6,000,000 units at
a price of $0.08 cents per unit for gross proceeds of $480,000. The units of
the financing will comprise of one common share and a full share purchase
warrant, exercisable for a period of five years at a price of $0.12 per
share subject to terms. See NR June 20, 2017 for full details.
The drill program, explained in the June 20, 2017 NR, is expected to
commence September 1 and expected to take 8-10 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 towards exploration drilling of the Silver Queen
property. While the Company currently anticipates that it will use the net
proceeds as described, it may re-allocate 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 of 7% value may be paid in cash 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.
ON BEHALF OF THE BOARD
"Signed"
Ellen Clements,
President and Chief Executive Officer
Please contact Coal Harbor Communications Inc. (Dale Paruk) for Investor
Relation services
604 510-4505 or toll-free 1 (877) 642-6200 or dale@coal-harbor.com.
Or Ellen Clements: 1 (250) 444-1005, or email <mailto:nadina2005@shaw.ca>
nadina2005@shaw.ca
Visit <http://www.nadina.com/> www.nadina.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION
This news release contains certain "forward-looking information" within the
meaning of Canadian securities laws. Actual results may differ materially
from those indicated by such forward-looking information. All information
included herein, other than statements of historical fact, including,
without limitation, information regarding future production, is considered
forward-looking information and involves various risks and uncertainties.
There can be no assurance that the forward-looking information will prove to
be accurate, as actual results and future events could differ materially
from those anticipated in such information. 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.
"Neither the 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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--->p class="MsoNormal" align="center" style="text-align:center"><b><u><span lang="EN-US">New Nadina Continues with Privat
--->e Placement Financing <o:p></o:p></span></u></b></p><p class="MsoNormal"><span lang="EN-US" style="font-size:9.0pt"><o
--->:p> </o:p></span></p><p class="MsoNormal" style="text-align:justify"><b><span lang="EN-US">August 10, 2017</span>
---></b><span lang="EN-US"> GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations Limited (TSX VENTURE: NNA) announces it
--->is continuing with the Private Placement announced June 20, 2017. The terms which are ...6,000,000 units at a pr
--->ice of $0.08 cents per unit for gross proceeds of $480,000. The units of the financing will comprise of one common sha
--->re and a full share purchase warrant, exercisable for a period of five years at a price of $0.12 per share subject to
--->terms. See NR June 20, 2017 for full details.<o:p></o:p></span></p><p class="MsoNormal"><span lang="EN-US" style
--->="font-size:9.0pt"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US">The
--->drill program, explained in the June 20, 2017 NR, is expected to commence September 1 and expected to take 8-10 weeks.
---> The property site has good year round access with full core sampling facilities. <o:p></o:p></span></p><p class="MsoN
--->ormal"><span lang="EN-US" style="font-size:9.0pt"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:j
--->ustify"><span lang="EN-US">Assuming the entire Offering is fully subscribed, the Company intends to allocate the net p
--->roceeds towards exploration drilling of the Silver Queen property. While the Company currently anticipates that it wil
--->l use the net proceeds as described, it may re-allocate the gross proceeds from time to time depending upon the Compan
--->y's growth strategy relative to market and other conditions in effect at that time.<o:p></o:p></span></p><p class="Mso
--->Normal"><span lang="EN-US" style="font-size:9.0pt"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:
--->justify"><span lang="EN-US">A finder's fee of 7% value may be paid in cash to eligible finders in accordance to the TS
--->X-V policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one d
--->ay from the date of closing. The offering and payment of finders' fees are both subject to approval by the TSX-V. <o:p
--->></o:p></span></p><p class="MsoNormal"><span lang="EN-US" style="font-size:9.0pt"><o:p> </o:p></span></p><p class
--->="MsoNormal" style="margin-right:1.8pt;text-align:justify"><span lang="EN-US">ON BEHALF OF THE BOARD<o:p></o:p></span>
---></p><p class="MsoNormal" style="mso-margin-top-alt:3.0pt;margin-right:38.15pt;margin-bottom:3.0pt;margin-left:0cm;text
--->-align:justify"><i><span lang="EN-US">"Signed"<o:p></o:p></span></i></p><p class="MsoNormal" style="margin-right:37.8p
--->t;text-align:justify"><span lang="EN-US">Ellen Clements, <o:p></o:p></span></p><p class="MsoNormal" style="margi
--->n-right:37.8pt;text-align:justify"><span lang="EN-US">President and Chief Executive Officer<o:p></o:p></span></p><p cl
--->ass="MsoNormal" style="margin-right:37.8pt;text-align:justify"><span lang="EN-US"><o:p> </o:p></span></p><p class
--->="MsoNormal" style="text-align:justify"><span lang="EN-US">Please contact Coal Harbor Communications Inc. (Dale Paruk)
---> for Investor Relation services <o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-U
--->S">604 510-4505 or toll-free 1 (877) 642-6200 or dale@coal-harbor.com.<o:p></o:p></span></p><p class="MsoNormal" style
--->="margin-right:1.8pt;text-align:justify"><span style="font-size:11.0pt"><o:p> </o:p></span></p><p class="MsoNorma
--->l" style="margin-right:1.8pt;text-align:justify"><span style="font-size:11.0pt">Or</span><span lang="EN-US" style="fon
--->t-size:11.0pt"> Ellen Clements: 1 (250) 444-1005, or email </span><span lang="EN-US"><a href="mailto:nadina2005@shaw.c
--->a"><span style="font-size:11.0pt">nadina2005@shaw.ca</span></a></span><span style="font-size:11.0pt"><o:p></o:p></span
--->></p><p class="MsoNormal" style="margin-right:1.8pt;text-align:justify"><span lang="EN-US" style="font-size:11.0pt"><o
--->:p> </o:p></span></p><p class="MsoNormal" style="margin-right:1.8pt;text-align:justify"><span lang="EN-US" style=
--->"font-size:11.0pt">Visit </span><span lang="EN-US"><a href="http://www.nadina.com/"><span style="font-size:11.0pt">www
--->.nadina.com</span></a></span><span lang="EN-US" style="font-size:11.0pt"><o:p></o:p></span></p><p class="MsoNormal" st
--->yle="margin-right:37.8pt;text-align:justify"><span lang="EN-US" style="font-size:8.0pt"><o:p> </o:p></span></p><p
---> class="MsoNormal" style="margin-right:19.8pt"><b><span lang="EN" style="font-size:10.0pt">CAUTIONARY NOTE REGARDING F
--->ORWARD-LOOKING STATEMENTS AND INFORMATION<o:p></o:p></span></b></p><p class="MsoNormal" style="margin-right:1.8pt;text
--->-align:justify"><span lang="EN" style="font-size:9.0pt">This news release contains certain "forward-looking infor
--->mation" within the meaning of Canadian securities laws. Actual results may differ materially from those indicated
---> by such forward-looking information. All information included herein, other than statements of historical fact, inclu
--->ding, without limitation, information regarding future production, is considered forward-looking information and invol
--->ves various risks and uncertainties. There can be no assurance that the forward-looking information will prove to be a
--->ccurate, as actual results and future events could differ materially from those anticipated in such information. Neith
--->er TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ventu
--->re Exchange) accepts responsibility for the adequacy or accuracy of this release.<o:p></o:p></span></p><p class="MsoNo
--->rmal" style="margin-right:1.8pt;text-align:justify"><span lang="EN" style="font-size:9.0pt"><o:p> </o:p></span></
--->p><p class="MsoNormal" style="margin-right:1.8pt;text-align:justify"><span lang="EN-US" style="font-size:9.0pt">"</spa
--->n><span lang="EN" style="font-size:9.0pt">Neither</span><span lang="EN-US" style="font-size:9.0pt"> the TSX Venture Ex
--->change nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) acce
--->pts responsibility for the adequacy or accuracy of this release."</span><span lang="EN-US" style="font-size:11.0pt"><o
--->:p></o:p></span></p><p class="MsoNormal"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif"><o:
--->p> </o:p></span></p></div></body></html>
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