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File: Microsoft Word - 2015_04_01 NX News Release Enters Into Debt Settlement (FINAL).doc.pdf
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510-744
West
Hastings
Street
Vancouver,
British
Columbia,
V6C
1A1
Tel:
(604)
678-5308
www.nokaresources.com
Trading Symbol: NX:TSX-V / 2NK:FSE
Noka Resources Proceeds with Debt Settlement Transaction
Vancouver, BC � April 1, 2015: Noka Resources Inc. (TSX-V: NX, FSE: 2NK) (the
"Company") announces that it has entered into debt settlement agreements with certain arm's
length third parties and an officer of the Company pursuant to which the Company has agreed
to issue an aggregate of 3,166,565 common shares at a deemed price of $0.10 per common
share (the "Transaction"). The amount of indebtedness settled by the Transaction is
$316,656.57 The Company determined to satisfy this outstanding indebtedness with shares in
order to preserve its cash for operations.
The Transaction is subject to TSX Venture Exchange approval. All shares issued pursuant to
the Transaction are subject to four-month and one-day hold period.
For further information, please contact Nav Dhaliwal, President, at nav@nokaresources.com or
visit www.nokaresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Nav Dhaliwal"
Nav Dhaliwal
President and CEO
(604) 678-5308
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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