Nadina
Subject: New Nadina news release
PLAIN TEXT:
News Release
New Nadina Closes $103,000 Tranche One
September 27, 2017 GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations
Limited (TSX VENTURE: NNA) announces the closing of Tranche One of the
Private Placement (NR June 20, 2017) of 6,000,000 units at a price of $0.08
cents per unit for gross proceeds of $480,000. The units of the financing
comprise of one common share and a full share purchase warrant, exercisable
for a period of five years (subject to accelerated terms) at a price of
$0.12 per share.
Tranche One proceeds of $103,000 in addition to funds received from the sale
of Kettle River Resources Ltd. are adequate to initiate the Silver Queen
drilling program on its 100% owned property near Owen Lake south of Houston
BC.
The drill program is designed to test two new geophysical targets and a
previously intercepted high silver grade vein. (NR May 24, 2017)
A cylindrical type feature of approximately 250m wide is of coincident high
chargeability and low resistivity. The other untested target is a deep,
large, very conductive geophysical anomaly to the northwest of the NG3 vein
system. The No3 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.
Drilling is expected to commence October 4, 2017.
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.
Visit <http://www.nadina.com/> www.nadina.com Contact Ellen Clements: 1
(250) 444-1005, or email <mailto:nadina2005@shaw.ca> nadina2005@shaw.ca
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" style="margin-right:37.8pt;text-align:justify"><span lang="EN-US">News Release<o:p></o:p></span></
--->p><p class="MsoNormal" align="center" style="text-align:center"><b><u><span lang="EN-US">New Nadina Closes $103,000&nb
--->sp; Tranche One <o:p></o:p></span></u></b></p><p class="MsoNormal" style="text-align:justify"><b><span lang="EN-US"><o
--->:p> </o:p></span></b></p><p class="MsoNormal" style="text-align:justify"><b><span lang="EN-US">September 27, 2017
---></span></b><span lang="EN-US"> GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations Limited (TSX VENTURE: NNA) announ
--->ces the closing of Tranche One of the Private Placement (NR June 20, 2017) of 6,000,000 units at a price of $0.08 cent
--->s per unit for gross proceeds of $480,000. The units of the financing comprise of one common share and a full share pu
--->rchase warrant, exercisable for a period of five years (subject to accelerated terms) at a price of $0.12 per share. <
--->o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US" style="font-size:9.0pt"><o:p>&
--->nbsp;</o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US">Tranche One proceeds of $103,
--->000 in addition to funds received from the sale of Kettle River Resources Ltd. are adequate to initiate the Silver Que
--->en drilling program on its 100% owned property near Owen Lake south of Houston BC. <o:p></o:p></span></p><
--->p class="MsoNormal" style="text-align:justify"><span lang="EN-US"><o:p> </o:p></span></p><p class="MsoNormal" sty
--->le="text-align:justify"><span lang="EN-US">The drill program is designed to test two new geophysical targets and a pre
--->viously intercepted high silver grade vein. (NR May 24, 2017)<o:p></o:p></span></p><p class="MsoNormal" st
--->yle="text-align:justify"><span lang="EN-US"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:justify
--->"><span lang="EN-US">A cylindrical type feature of approximately 250m wide is of coincident high chargeability and low
---> resistivity. The other untested target is </span><span lang="EN-US" style="font-size:11.5pt;color:black">a deep, larg
--->e, very conductive geophysical anomaly to the northwest of the NG3 vein system. The No3 Vein system west of the porphy
--->ry striking northwest carries gold, silver, lead and zinc and is not epithermal appearing as seen within the porphyry
--->to the east.<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US" style="font-size:
--->11.5pt;color:black"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US" sty
--->le="font-size:11.5pt;color:black">Drilling is expected to commence October 4, 2017.</span><span lang="EN-US" style="fo
--->nt-size:9.0pt"><o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US" style="font-si
--->ze:9.0pt"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:justify"><span lang="EN-US" style="font-s
--->ize:9.0pt"><o:p> </o:p></span></p><p class="MsoNormal" style="text-align:justify"><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:37.8pt;text-align:justify"><span lang="EN-US">Ellen Clements, President and
---> Chief Executive Officer<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify"><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">Plea
--->se 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-US">604 510-4505 or toll-free 1 (877) 642-6200 or dale@coal-harb
--->or.com.<o:p></o:p></span></p><p class="MsoNormal" style="text-align:justify"><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" st
--->yle="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">Contact Ellen Clements
--->: 1 (250) 444-1005, or email </span><span lang="EN-US"><a href="mailto:nadina2005@shaw.ca"><span style="font-size:11.0
--->pt">nadina2005@shaw.ca</span></a></span><span lang="EN-US" style="font-size:11.0pt"><o:p></o:p></span></p><p class="Ms
--->oNormal" style="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 FORWARD-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-lo
--->oking information" within the meaning of Canadian securities laws. Actual results may differ materially from thos
--->e 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 informatio
--->n and involves various risks and uncertainties. There can be no assurance that the forward-looking information will pr
--->ove to be accurate, as actual results and future events could differ materially from those anticipated in such informa
--->tion. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of th
--->e TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.<o:p></o:p></span></p><p c
--->lass="MsoNormal" 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">"</span><span lang="EN" style="font-size:9.0pt">Neither</span><span lang="EN-US" style="font-size:9.0pt"> the TSX
---> Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exc
--->hange) accepts 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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