Nadina
Subject: New Nadina Explorations Limited - News Release - Addition to the Board of Directors
PLAIN TEXT:
New Nadina Explorations Limited
TSX-V-NNA
Box 130, 1215 Greenwood Street, Greenwood BC V0H 1J0
Phone (250) 445-2260, Fax (250) 445-2259
Email <mailto:nadina@nadina.com> nadina@nadina.com
News Release: Addition of Mr. Killian Ruby as Director, and Stock Options
Granted
July 25, 2019: GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations Limited
(the "Company", TSX VENTURE: NNA) wishes to announce that the Company has
strengthened its management to better serve its shareholders and to
facilitate an expanded exploration plan for the Silver Queen Project in
Central British Columbia, and to assist in the management of our Monument
Diamond Project in Lac de Gras, NWT.
* Addition of Killian Ruby, CPA, CA, to the Board of Directors
The Company is pleased to announce the appointment of Mr. Killian Ruby, CPA,
CA, as a Director of the Company. Mr. Ruby has served as the Company's CFO
& Secretary since May 2, 2019. He is the President & CEO of Malaspina
Consultants Inc. in Vancouver and focuses on clients in the resource and
junior public sector. Mr. Ruby advises clients on matters related to
financial management and public company reporting and is particularly adept
at handling complex issues and multiple stakeholders with a collaborative,
team-based approach.
Prior to joining Malaspina, Mr. Ruby was an Assurance Partner at Wolrige
Mahon LLP (now Baker Tilly Canada) working predominantly with resource and
other junior public companies, and formerly was a Senior Manager with KPMG
LLP working on a range of public companies and reporting issuers. He holds a
BSc. (Accounting) from University College Cork, Ireland, a Post-Graduate
Diploma in Corporate Treasury from Dublin City University, Ireland, and
received his Chartered Accountant designations from Canada and Ireland in
2010 and 2002, respectively.
* John Jewitt, B.A.Sc., will continue as a Director, Chief Executive
Officer (CEO) and President. He has over 50 years' experience in the mining
industry. He served as President of the Granby Mining Company Limited (NYSE)
with copper mines in British Columbia and Vice President of Mines for Zapata
Corporation (NYSE) with coal mines in West Virginia and Pennsylvania. He
served successively as President of Chevron Exploration in Australia and
Ireland, and as Manager of Chevron's Collohausi Copper JV in Chile. He then
served as Manager of International Project Development for Pegasus Gold,
followed by VP Engineering for EuroZinc Mining on its Aljustrel copper and
zinc projects in Portugal.
* Courtney Shearer, B. Sc. (Eng.), MBA, CPA, CMA, will continue as a
Director: He is currently a Partner in Larkspur Group, with extensive
experience in the formation of start-up companies in Canada and financing
projects through to successful production. He is Chairman of the Audit
Committee.
* Peter Cooper will continue as a Director: He has over 40 years'
experience in the mineral exploration and mining business, working primarily
for major producers in Canada and the USA; including Noranda (Hemlo and
Holloway Mines in Ontario) and Echo Bay-Kinross in Washington. He serves on
the Audit Committee.
* Fred Sveinson, P.Eng., will continue as Corporate Advisor to the
Company. He is currently the principal of International Mine Builders, Inc.
He is a professional engineer with more than 45 years' experience in Canada
and internationally on exploration, development, construction, operation and
financing of mineral projects. His experience includes the development and
operation of underground mines from 100 TPD to 2,000 TPD in Zambia.
Venezuela,, the USA and Canada.
The accounting and financial planning for the Company will be performed by
Malaspina Consultants, Inc. of Vancouver, B.C.
Davidson and Company will continue as Auditors for the Company.
Fang and Associates will continue to provide Legal Counsel.
The Company is also pleased to announce that it has granted 100,000 shares
of stock options to certain directors and advisors of the company under its
incentive stock option plan. The options are exercisable at $0.08 per share
for a period of five years, expiring on July 25, 2024.
ON BEHALF OF THE BOARD.
John W. Jewitt, CEO & President
For further information please visit the website at
<http://www.nadina.com/> www.nadina.com
"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."
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.
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--->lang="EN-US" style="font-size:26.0pt;font-family:SansSerif;color:purple"> </span><span lang="EN-US" style="font-size:2
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--->ter"><span lang="EN-US" style="font-family:"Times New Roman",serif">Box 130, 1215 Greenwood Street, Greenwoo
--->d BC V0H 1J0<o:p></o:p></span></p><p class="MsoNormal" align="center" style="margin-right:9.0pt;text-align
--->:center"><span lang="EN-US" style="font-family:"Times New Roman",serif">Phone (250) 445-2260, Fax (250) 445-
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--->mily:"Times New Roman",serif">Email <a href="mailto:nadina@nadina.com"><span style="color:#0563C1">nad
--->ina@nadina.com</span></a><o:p></o:p></span></p><p class="MsoNormal" align="center" style="text-align:center"><b><span
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--->one"><b><i><span style="font-size:16.0pt;font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA">News R
--->elease: Addition of Mr. Killian Ruby as Director, and Stock Options Granted<o:p></o:p></span></i></b></p><p class="Mso
--->Normal" align="center" style="margin-left:1.95pt;text-align:center;line-height:19.25pt;mso-line-height-rule:exactly;pu
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--->:simple;text-autospace:none"><b><span style="font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA">Ju
--->ly 25, 2019: </span></b><span style="font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA">GREENWOOD,
---> BRITISH COLUMBIA - New Nadina Explorations Limited (the "Company", TSX VENTURE: NNA) wishes to announce tha
--->t the Company has strengthened its management to better serve its shareholders and to facilitate an expanded explorati
--->on plan for the Silver Queen Project in Central British Columbia, and to assist in the management of our Monument Diam
--->ond Project in Lac de Gras, NWT.<o:p></o:p></span></p><p class="MsoNormal" style="margin-top:.25pt;punctuation-wrap:si
--->mple;text-autospace:none"><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-fareast-languag
--->e:EN-CA"><o:p> </o:p></span></p><ul style="margin-top:0cm" type="disc"><li class="MsoNormal" style="color:black;m
--->argin-left:-3.75pt;mso-list:l0 level1 lfo1;punctuation-wrap:simple;text-autospace:none"><b><span style="font-family:&q
--->uot;Book Antiqua",serif;color:windowtext;mso-fareast-language:EN-CA">Addition of Killian Ruby, CPA, CA, to the Bo
--->ard of Directors</span></b><b><span style="font-family:Symbol;mso-fareast-language:EN-CA"><o:p></o:p></span></b></li><
--->/ul><p class="MsoNormal" style="mso-margin-top-alt:.8pt;margin-right:0cm;margin-bottom:0cm;margin-left:37.35pt;margin-
--->bottom:.0001pt;line-height:105%;punctuation-wrap:simple;text-autospace:none"><span style="font-family:"Book Antiq
--->ua",serif;mso-fareast-language:EN-CA">The Company is pleased to announce the appointment of <b>Mr. Killian Ruby,
--->CPA, CA</b>, as a Director of the Company. Mr. Ruby has served as the Company's CFO & Secretary since May 2,
---> 2019. He is the President & CEO of Malaspina Consultants Inc. in Vancouver and focuses on clients in the re
--->source and junior public sector. Mr. Ruby advises clients on matters related to financial management and public compan
--->y reporting and is particularly adept at handling complex issues and multiple stakeholders with a collaborative, team-
--->based approach.<o:p></o:p></span></p><p class="MsoNormal" style="margin-top:.55pt;punctuation-wrap:simple;text-autospa
--->ce:none"><span style="font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA"><o:p> </o:p></span><
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--->bottom:.0001pt;text-align:justify;punctuation-wrap:simple;text-autospace:none"><span style="font-family:"Book Ant
--->iqua",serif;mso-fareast-language:EN-CA">Prior to joining Malaspina, Mr. Ruby was an Assurance Partner at Wolrige
--->Mahon LLP (now Baker Tilly Canada) working predominantly with resource and other junior public companies, and formerly
---> was a Senior Manager with KPMG LLP working on a range of public companies and reporting issuers. He holds a BSc. (Acc
--->ounting) from University College Cork, Ireland, a Post-Graduate Diploma in Corporate Treasury from Dublin City Univers
--->ity, Ireland, and received his Chartered Accountant designations from Canada and Ireland in 2010 and 2002, respectivel
--->y.<o:p></o:p></span></p><p class="MsoNormal" style="margin-top:.15pt;punctuation-wrap:simple;text-autospace:none"><spa
--->n style="font-size:10.5pt;font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA"><o:p> </o:p></sp
--->an></p><ul style="margin-top:0cm" type="disc"><li class="MsoNormal" style="color:#1C1C1C;margin-top:10.3pt;margin-righ
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--->b><span style="font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA">John<span style="letter-spacing:
--->.25pt"> </span>Jewitt,<span style="letter-spacing:.25pt"> </span>B.A.Sc.,<span style="letter-spacing:.15pt"> </span>wi
--->ll<span style="letter-spacing:.3pt"> </span>continue<span style="letter-spacing:.25pt"> </span>as<span style="letter-s
--->pacing:.15pt"> </span>a<span style="letter-spacing:.25pt"> </span>Director,<span style="letter-spacing:.15pt"> </span>
--->Chief<span style="letter-spacing:.3pt"> </span>Executive<span style="letter-spacing:.25pt"> </span>Officer<span style=
--->"letter-spacing:.15pt"> </span>(CEO)<span style="letter-spacing:.15pt"> </span>and<span style="letter-spacing:.25pt">
---></span>President.<span style="letter-spacing:.5pt"> </span></span></b><span style="font-family:"Book Antiqua"
--->;,serif;mso-fareast-language:EN-CA">He has<span style="letter-spacing:.5pt"> </span>over<span style="letter-spacing:.5
--->pt"> </span>50<span style="letter-spacing:.5pt"> </span>years'<span style="letter-spacing:.55pt"> </span>experience<sp
--->an style="letter-spacing:.5pt"> </span>in<span style="letter-spacing:.55pt"> </span>the<span style="letter-spacing:.5p
--->t"> </span>mining<span style="letter-spacing:.5pt"> </span>industry.<span style="letter-spacing:1.1pt"> </span>He<span
---> style="letter-spacing:.5pt"> </span>served<span style="letter-spacing:.5pt"> </span>as<span style="letter-spacing:.5p
--->t"> </span>President<span style="letter-spacing:.5pt"> </span>of<span style="letter-spacing:.5pt"> </span>the<span sty
--->le="letter-spacing:.5pt"> </span>Granby<span style="letter-spacing:.5pt"> </span>Mining Company<span style="letter-spa
--->cing:1.05pt"> </span>Limited<span style="letter-spacing:1.0pt"> </span>(NYSE)<span style="letter-spacing:1.15pt"> </sp
--->an>with<span style="letter-spacing:1.15pt"> </span>copper<span style="letter-spacing:1.05pt"> </span>mines<span style=
--->"letter-spacing:1.1pt"> </span>in<span style="letter-spacing:1.0pt"> </span>British<span style="letter-spacing:1.15pt"
--->> </span>Columbia<span style="letter-spacing:1.1pt"> </span>and<span style="letter-spacing:1.05pt"> </span>Vice<span s
--->tyle="letter-spacing:1.1pt"> </span>President<span style="letter-spacing:1.1pt"> </span>of<span style="letter-spacing:
--->1.15pt"> </span>Mines<span style="letter-spacing:1.1pt"> </span>for Zapata<span style="letter-spacing:.85pt"> </span>C
--->orporation<span style="letter-spacing:.9pt"> </span>(NYSE)<span style="letter-spacing:.9pt"> </span>with<span style="l
--->etter-spacing:.9pt"> </span>coal<span style="letter-spacing:.9pt"> </span>mines<span style="letter-spacing:.75pt"> </s
--->pan>in<span style="letter-spacing:.9pt"> </span>West<span style="letter-spacing:.85pt"> </span>Virginia<span style="le
--->tter-spacing:.85pt"> </span>and<span style="letter-spacing:.75pt"> </span>Pennsylvania.<span style="letter-spacing:1.7
--->5pt"> </span>He<span style="letter-spacing:.85pt"> </span>served<span style="letter-spacing:-.05pt"> </span>successive
--->ly<span style="letter-spacing:.1pt"> </span>as President<span style="letter-spacing:.15pt"> </span>of<span style="lett
--->er-spacing:.25pt"> </span>Chevron<span style="letter-spacing:.25pt"> </span>Exploration<span style="letter-spacing:.25
--->pt"> </span>in<span style="letter-spacing:.05pt"> </span>Australia and<span style="letter-spacing:.1pt"> </span>Irelan
--->d,<span style="letter-spacing:.15pt"> </span>and<span style="letter-spacing:.1pt"> </span>as Manager of Chevron's<span
---> style="letter-spacing:2.55pt"> </span>Collohausi<span style="letter-spacing:2.55pt"> </span>Copper<span style="letter
--->-spacing:2.5pt"> </span>JV<span style="letter-spacing:2.5pt"> </span>in<span style="letter-spacing:2.55pt"> </span>Chi
--->le.<span style="letter-spacing:2.4pt"> </span>He<span style="letter-spacing:2.4pt"> </span>then<span style="letter-spa
--->cing:2.6pt"> </span>served<span style="letter-spacing:2.55pt"> </span>as<span style="letter-spacing:2.55pt"> </span>Ma
--->nager<span style="letter-spacing:2.55pt"> </span>of<span style="letter-spacing:2.55pt"> </span>International<span styl
--->e="letter-spacing:2.5pt"> </span>Project Development<span style="letter-spacing:1.5pt"> </span>for<span style="letter-
--->spacing:1.4pt"> </span>Pegasus<span style="letter-spacing:1.5pt"> </span>Gold,<span style="letter-spacing:1.5pt"> </sp
--->an>followed<span style="letter-spacing:1.4pt"> </span>by<span style="letter-spacing:1.5pt"> </span>VP<span style="lett
--->er-spacing:1.55pt"> </span>Engineering<span style="letter-spacing:1.35pt"> </span>for<span style="letter-spacing:1.4pt
--->"> </span>EuroZinc<span style="letter-spacing:1.5pt"> </span>Mining<span style="letter-spacing:1.4pt"> </span>on<span
--->style="letter-spacing:1.55pt"> </span>its<span style="letter-spacing:1.5pt"> </span>Aljustrel copper<span style="lette
--->r-spacing:-.05pt"> </span>and<span style="letter-spacing:-.05pt"> </span>zinc<span style="letter-spacing:-.05pt"> </sp
--->an>projects<span style="letter-spacing:-.15pt"> </span>in<span style="letter-spacing:-.1pt"> </span>Portugal.</span><s
--->pan style="font-family:Symbol;mso-fareast-language:EN-CA"><o:p></o:p></span></li></ul><p class="MsoNormal" style="punc
--->tuation-wrap:simple;text-autospace:none"><span style="font-size:13.0pt;font-family:"Book Antiqua",serif;mso-
--->fareast-language:EN-CA"><o:p> </o:p></span></p><ul style="margin-top:0cm" type="disc"><li class="MsoNormal" style
--->="color:#4E4D4D;margin-top:5.35pt;margin-right:6.0pt;margin-left:1.35pt;text-align:justify;mso-list:l1 level1 lfo2;pun
--->ctuation-wrap:simple;text-autospace:none"><b><span style="font-family:"Book Antiqua",serif;mso-fareast-langu
--->age:EN-CA">Courtney<span style="letter-spacing:1.25pt"> </span>Shearer,<span style="letter-spacing:1.25pt"> </span>B.<
--->span style="letter-spacing:1.25pt"> </span>Sc.<span style="letter-spacing:1.25pt"> </span>(Eng.),<span style="letter-s
--->pacing:1.25pt"> </span>MBA,<span style="letter-spacing:1.25pt"> </span>CPA,<span style="letter-spacing:1.25pt"> </span
--->>CMA,<span style="letter-spacing:1.25pt"> </span></span></b><span style="font-family:"Book Antiqua",serif;ms
--->o-fareast-language:EN-CA">will<span style="letter-spacing:1.25pt"> </span>continue<span style="letter-spacing:1.25pt">
---> </span>as<span style="letter-spacing:1.25pt"> </span>a<span style="letter-spacing:1.25pt"> </span>Director:<span styl
--->e="letter-spacing:2.6pt"> </span>He<span style="letter-spacing:1.25pt"> </span>is<span style="letter-spacing:1.25pt">
---></span>currently<span style="letter-spacing:1.25pt"> </span>a Partner<span style="letter-spacing:2.05pt"> </span>in<sp
--->an style="letter-spacing:2.15pt"> </span>Larkspur<span style="letter-spacing:2.05pt"> </span>Group,<span style="letter
--->-spacing:2.1pt"> </span>with<span style="letter-spacing:2.15pt"> </span>extensive<span style="letter-spacing:2.1pt"> <
--->/span>experience<span style="letter-spacing:2.1pt"> </span>in<span style="letter-spacing:2.15pt"> </span>the<span styl
--->e="letter-spacing:2.1pt"> </span>formation<span style="letter-spacing:2.15pt"> </span>of<span style="letter-spacing:2.
--->15pt"> </span>start-up<span style="letter-spacing:2.05pt"> </span>companies<span style="letter-spacing:2.0pt"> </span>
--->in Canada<span style="letter-spacing:2.35pt"> </span>and<span style="letter-spacing:2.3pt"> </span>financing<span styl
--->e="letter-spacing:2.3pt"> </span>projects<span style="letter-spacing:2.4pt"> </span>through<span style="letter-spacing
--->:2.5pt"> </span>to<span style="letter-spacing:2.3pt"> </span>successful<span style="letter-spacing:2.5pt"> </span>prod
--->uction.<span style="letter-spacing:2.1pt"> </span>He<span style="letter-spacing:2.3pt"> </span>is<span style="letter-s
--->pacing:2.4pt"> </span>Chairman<span style="letter-spacing:2.5pt"> </span>of<span style="letter-spacing:2.4pt"> </span>
--->the<span style="letter-spacing:2.4pt"> </span>Audit Committee.<o:p></o:p></span></li></ul><p class="MsoNormal" style="
--->margin-top:.25pt;punctuation-wrap:simple;text-autospace:none"><span style="font-size:11.5pt;font-family:"Book Ant
--->iqua",serif;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><ul style="margin-top:0cm" type="disc"><li cl
--->ass="MsoNormal" style="color:#4E4D4D;margin-right:6.0pt;margin-left:1.35pt;text-align:justify;mso-list:l1 level1 lfo2;
--->punctuation-wrap:simple;text-autospace:none"><a name="_Hlk14861784"><b><span style="font-family:"Book Antiqua&quo
--->t;,serif;mso-fareast-language:EN-CA">Peter Cooper </span></b></a><span style="mso-bookmark:_Hlk14861784"><span style="
--->font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA">will continue as a Director: He has over 40 yea
--->rs' experience in the mineral exploration and mining business, working primarily for major producers in Canada and the
---> USA; including Noranda (Hemlo and Holloway Mines in Ontario) and Echo Bay-Kinross in Washington. He serves on the Aud
--->it<span style="letter-spacing:.75pt"> </span>Committee.<o:p></o:p></span></span></li></ul><span style="mso-bookmark:_H
--->lk14861784"></span><p class="MsoNormal" style="text-autospace:none"><span style="font-size:10.0pt;font-family:"Ti
--->mes New Roman",serif;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><ul style="margin-top:0cm" type="dis
--->c"><li class="MsoNormal" style="color:#4E4D4D;margin-right:6.0pt;margin-left:1.35pt;text-align:justify;mso-list:l1 lev
--->el1 lfo2;punctuation-wrap:simple;text-autospace:none"><b><span style="font-family:"Book Antiqua",serif;mso-f
--->areast-language:EN-CA">Fred Sveinson, P.Eng., </span></b><span style="font-family:"Book Antiqua",serif;mso-f
--->areast-language:EN-CA">will continue as Corporate Advisor to the Company. He is currently the principal of Inter
--->national Mine Builders, Inc. He is a professional engineer with more than 45 years' experience in Canada and int
--->ernationally on exploration, development, construction, operation and financing of mineral projects. His experie
--->nce includes the development and operation of underground mines from 100 TPD to 2,000 TPD in Zambia. Venezuela,, the U
--->SA and Canada.<o:p></o:p></span></li></ul><p class="MsoNormal" style="mso-margin-top-alt:0cm;margin-right:6.0pt;margin
--->-bottom:0cm;margin-left:37.35pt;margin-bottom:.0001pt;text-align:justify;punctuation-wrap:simple;text-autospace:none">
---><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA"><o:p> </o:p></s
--->pan></p><p class="MsoNormal" style="margin-left:36.0pt"><span style="font-family:"Book Antiqua",serif;color:
--->#4E4D4D;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><p class="MsoNormal" style="mso-margin-top-alt:.05pt;m
--->argin-right:0cm;margin-bottom:0cm;margin-left:5.2pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"
--->><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">The accounting and
--->financial planning for the Company will be performed by <b>Malaspina Consultants, Inc. </b>of Vancouver, B.C.<o:p></o:
--->p></span></p><p class="MsoNormal" style="mso-margin-top-alt:.05pt;margin-right:0cm;margin-bottom:0cm;margin-left:5.2pt
--->;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"><span style="font-family:"Book Antiqua",
--->serif;color:#4E4D4D;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><p class="MsoNormal" style="mso-margin-top
--->-alt:2.85pt;margin-right:0cm;margin-bottom:0cm;margin-left:1.95pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-a
--->utospace:none"><b><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">Da
--->vidson and Company </span></b><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-langua
--->ge:EN-CA">will continue as Auditors for the Company.<o:p></o:p></span></p><p class="MsoNormal" style="punctuation-wrap
--->:simple;text-autospace:none"><span style="font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA"><o:p>
---> </o:p></span></p><p class="MsoNormal" style="mso-margin-top-alt:.05pt;margin-right:0cm;margin-bottom:0cm;margin-
--->left:1.95pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"><b><span style="font-family:"Book
--->Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">Fang and Associates </span></b><span style="font-family:
--->"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">will continue to provide Legal Counsel.<o:p><
--->/o:p></span></p><p class="MsoNormal" style="text-autospace:none"><span style="font-size:12.0pt;font-family:"Times
---> New Roman",serif;color:black;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><p class="MsoNormal" style=
--->"mso-margin-top-alt:.05pt;margin-right:0cm;margin-bottom:0cm;margin-left:1.95pt;margin-bottom:.0001pt;punctuation-wrap
--->:simple;text-autospace:none"><b><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-lang
--->uage:EN-CA">The Company</span></b><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-la
--->nguage:EN-CA"> is also pleased to announce that it has granted 100,000 shares of stock options to certain directors an
--->d advisors of the company under its incentive stock option plan. The options are exercisable at $0.08 per share
--->for a period of five years, expiring on July 25, 2024.<o:p></o:p></span></p><p class="MsoNormal" style="mso-margin-top
--->-alt:.05pt;margin-right:0cm;margin-bottom:0cm;margin-left:1.95pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-au
--->tospace:none"><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA"><o:p>&
--->nbsp;</o:p></span></p><p class="MsoNormal" style="mso-margin-top-alt:2.85pt;margin-right:0cm;margin-bottom:0cm;margin-
--->left:1.95pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"><span style="font-family:"Book Ant
--->iqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">ON BEHALF OF THE BOARD.<o:p></o:p></span></p><p class="MsoN
--->ormal" style="margin-top:.1pt;punctuation-wrap:simple;text-autospace:none"><span style="font-size:12.0pt;font-family:&
--->quot;Book Antiqua",serif;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><p class="MsoNormal" style="marg
--->in-left:1.95pt;punctuation-wrap:simple;text-autospace:none"><span style="font-family:"Book Antiqua",serif;co
--->lor:#4E4D4D;mso-fareast-language:EN-CA">John W. Jewitt, CEO & President<o:p></o:p></span></p><p class="MsoNormal"
--->style="mso-margin-top-alt:2.85pt;margin-right:0cm;margin-bottom:0cm;margin-left:2.0pt;margin-bottom:.0001pt;punctuatio
--->n-wrap:simple;text-autospace:none"><span style="font-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-l
--->anguage:EN-CA">For further information please visit the website at </span><span lang="EN-US" style="font-size:12.0pt;f
--->ont-family:"Times New Roman",serif"><a href="http://www.nadina.com/"><span lang="EN-CA" style="font-size:11.
--->0pt;font-family:"Book Antiqua",serif;color:#0E6C9F;mso-fareast-language:EN-CA">www.nadina.com</span></a></sp
--->an><u><span style="font-family:"Book Antiqua",serif;color:#0E6C9F;mso-fareast-language:EN-CA"><o:p></o:p></s
--->pan></u></p><p class="MsoNormal" style="mso-margin-top-alt:2.85pt;margin-right:0cm;margin-bottom:0cm;margin-left:2.0pt
--->;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"><span style="font-family:"Book Antiqua",
--->serif;color:#0E6C9F;mso-fareast-language:EN-CA"><o:p> </o:p></span></p><p class="MsoNormal" style="mso-margin-top
--->-alt:5.95pt;margin-right:0cm;margin-bottom:0cm;margin-left:2.0pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-au
--->tospace:none"><i><span style="font-family:"Book Antiqua",serif;mso-fareast-language:EN-CA">"Neither the TSX
--->Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exch
--->ange) accepts responsibility for the adequacy or accuracy of this release."<o:p></o:p></span></i></p><p class="MsoNorm
--->al" style="mso-margin-top-alt:5.95pt;margin-right:0cm;margin-bottom:0cm;margin-left:2.0pt;margin-bottom:.0001pt;punctu
--->ation-wrap:simple;text-autospace:none"><i><span style="font-family:"Book Antiqua",serif;mso-fareast-language
--->:EN-CA"><o:p> </o:p></span></i></p><p class="MsoNormal" style="mso-margin-top-alt:6.2pt;margin-right:0cm;margin-b
--->ottom:0cm;margin-left:2.0pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"><b><span style="font-fa
--->mily:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">CAUTIONARY NOTE REGARDING FORWARD-LOOKIN
--->G STATEMENTS AND INFORMATION<o:p></o:p></span></b></p><p class="MsoNormal" style="margin-top:.35pt;punctuation-wrap:si
--->mple;text-autospace:none"><b><span style="font-size:12.0pt;font-family:"Book Antiqua",serif;mso-fareast-lang
--->uage:EN-CA"><o:p> </o:p></span></b></p><p class="MsoNormal" style="mso-margin-top-alt:.05pt;margin-right:8.9pt;ma
--->rgin-bottom:0cm;margin-left:2.0pt;margin-bottom:.0001pt;punctuation-wrap:simple;text-autospace:none"><i><span style="f
--->ont-family:"Book Antiqua",serif;color:#4E4D4D;mso-fareast-language:EN-CA">This news release contains certain
---> "forward-looking information" within the meaning of Canadian securities laws. Actual results may differ mat
--->erially from those indicated by such forward-looking information. All information included herein, other than statemen
--->ts of historical fact, including, without limitation, information regarding future production, is considered forward-l
--->ooking information and involves various risks and uncertainties. There can be no assurance that the forward-looking in
--->formation will prove to be accurate, as actual results and future events could differ materially from those anticipate
--->d in such information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in t
--->he policies of the TSX Venture Exchange) accepts responsibility for the<o:p></o:p></span></i></p><p class="MsoNormal"
--->style="margin-left:1.95pt;punctuation-wrap:simple;text-autospace:none"><i><span style="font-family:"Book Antiqua&
--->quot;,serif;color:#4E4D4D;mso-fareast-language:EN-CA">adequacy or accuracy of this release.<o:p></o:p></span></i></p><
--->p class="MsoNormal" style="margin-right:37.8pt;text-align:justify"><span lang="EN-US" style="font-size:12.0pt;font-fam
--->ily:"Times New Roman",serif"><o:p> </o:p></span></p><p class="MsoNormal"><o:p> </o:p></p></div></b
--->ody></html>
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