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News

Private Placement closed Tranche Two - $418,125

December 13, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces $418,125 received in Tranche two and the final closing of the Non Brokered Private Placement as of Dec. 8, 2017 first announced on Nov 13, 2017 and NR Dec.4, 2017 tranche one. All securities issued are subject to a hold period of four months and one day and become free trading on
April 10, 2018.  The offering and any payment of finders' fees are both subject to TSX-V approval – details as follows:

Non-Flow through Units issued comprise 111,500 shares at $3.75 and half warrants to purchase 55,750 common shares at $4.25 per share exercisable for a period of two years. Exercise of warrants may be accelerated in the event the shares trade at or above a price of $6.00 for a period of ten (10) consecutive trading days. In such case, the issuer shall give notice by way of a news release and to the subscribers that the warrants will expire thirty (30) days from the date of providing such notice.  Proceeds have been received and Finders’ Fees paid $15,413 in cash.

Proceeds of tranche two will be used for both exploration at its 100% owned Silver Queen property at Owen Lake south of Houston BC and corporate development and 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.

In summary, total private placement proceeds received are $1,111,875 (Flow Through $570,000 and $541,875 non-Flow Through) for issuance of 294,500 shares (150,000 Flow Through and 144,500 Non Flow Through share units) with a total of $49,613 paid in Finders’ Fees and 9,001 broker warrants issued (exercisable at $3.80 for two years).

Dr. Mathias Westphal, P.Geo., a qualified person as defined under National Instrument 43-101, will report assay results from all three drill holes of the 2017 drill program as soon as possible as analyses results are expected on December 15, 2017. 

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements, President and Chief Executive Officer

Visit www.nadina.com    Contact Ellen Clements: 1 (250) 444-1005, or email  This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

Tranche One - $693,750 Drill funds raised

December 4, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces $693,750 received from Tranche one of the Non Brokered Private Placement first announced on Nov 13, 2017.  All securities issued are subject to a hold period of four months and one day and become free trading on April 2, 2018.  The offering and any payment of finders' fees are both subject to TSX-V approval – details as follows:

Flow Through comprise 150,000 shares at $3.80 for proceeds of $570,000.  Pertaining to Flow Through shares only, there were 9,001 (6%) broker warrants issued (exercisable for two year at $3.80) and 6% finder's fee of $34,200 paid in cash. 

Non-Flow through Units issued comprise 33,000 shares at $3.75 and half warrants to purchase 16,500 common shares at $4.25 per share exercisable for a period of two years. Exercise of warrants may be accelerated in the event the shares trade at or above a price of $6.00 for a period of ten (10) consecutive trading days. In such case, the issuer shall give notice by way of a news release and to the subscribers that the warrants will expire thirty (30) days from the date of providing such notice.  Proceeds of $123,750 have been received and no Finders’ Fee was paid.

All proceeds will be spent on exploration and drilling at its 100% owned Silver Queen property at Owen Lake south of Houston BC. Subject to ground moisture, approximately 6,000 meters of drilling will commence in early April 2018 to test and further define the high conductive Blue Zone anomaly intersected in 2017 drilling.  

The Company confirms that reporting of drill hole 17S-01 assay results is expected by December 15, 2017.  In that report, visuals and information on drill holes 17S-02 and 17S-03 will also be reported.  Subsequent to this, additional core photos will be published on the company website: nadina.com.

The balance of the private placement (NR Nov 13, 2017) will be closed prior to the release of assay results and if any remaining unsubscribed portion will be cancelled.  At that time, the Company will provide an update of proceeds from exercised options and warrants to date.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements, President and Chief Executive Officer

Visit www.nadina.com    Contact Ellen Clements: 1 (250) 444-1005, or email  This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

FINANCING ANNOUNCED - 2018 DRILLING

November 13, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announce non-brokered private placements consisting of 150,000 Flow Through shares (no warrants) at a price of $3.80 per share and up to 400,000 Non-Flow Through units at a price of $3.75 per unit for gross proceeds of $2,070,000.

The Non-Flow Through units of the financing will comprise of one common share and one-half non-transferable warrant, where each full warrant shall entitle the holder to purchase one common share at the price of $4.25 per share exercisable for a period of two years. The term of the warrants may be accelerated in the event that the issuer's shares trade at or above a price of $6.00 per share for a period of ten (10) consecutive trading days. In such case of accelerated warrants, the issuer shall give notice by way of a news release and to the subscribers that the warrants will expire thirty (30) days from the date of providing such notice.

There is no material fact or material change of the Company that has not been generally disclosed. The securities issued pursuant to the Offering will be subject to statutory hold periods.

Up to 6% broker warrants and up to 6% commission finder's fee paid on Flow Through shares and up to 6%  finder’s fees on Non-Flow Though share purchase 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.

The Company intends to allocate 100% of the Flow-Through to drilling the Blue Zone deposit in early 2018 at its 100% owned Silver Queen property at Owen Lake south of Houston BC.  The Non-Flow Through will be used for corporate development and/or exploration and 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.

Three holes have now been completed at the Silver Queen property with samples for analyzes being submitted within a week.  It is anticipated results from 17S-01 (NR Oct 27, 2017) will be available mid December at which time basic information will be reported on holes two and three. 

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Visit www.nadina.com

Contact Ellen Clements: 1 (250) 444-1005,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

Silver Queen "Blue Zone" discovery photos posted and Monument JV project - Land Use Permit Extension Approved

November 10, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces that the Company has made available photographs and images related to drilling of 17S-01 and core specimen samples. (NR Oct 27, 2017)

Silver Queen Property – Owen Lake BC

Viewers can access both power point presentations to view core specimen samples from the recent “Blue Zone” discovery.

 #1  2017 Drill Core photos 17S-01  http://www.nadina.com/images/2017-1-Nov-17S-01-Core-drillPhotos_.pdf

 #2  2017 Drill Core Photos 17S-01 Microscope magnified  http://www.nadina.com/images/2017-2--Nov-17S-01-Core-drillPhotos_-002.pdf  

Ellen Clements President and CEO states “Mission accomplished! After a 10 year dedicated search, the use of modern tools and software, great team effort and a lot of ‘guts’ on my part, I believe we’ve found the Silver Queen’s “Treasure Box”.

The “Blue Zone” samples have been received by the lab – assays pending.

Monument Diamonds – Lac de Gras,  NWT

The Monument JV project – a Land Use Permit extension request has recently been approved by the Wek’èezhii Land and Water Board (WLWB) extending the permit to September 4, 2019.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements, President and Chief Executive Officer

Visit www.nadina.com    Contact Ellen Clements: 1 (250) 444-1005, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

Silver Queen Drill Hole 17S-01 completed

October 27, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports completion of drilling the first target at it 100% owned Silver Queen property NEAR Owen lake, BC. Download News Release:  2017_Oct_27_-_2_NR_subsequent_IIROC_.pdf

Drill hole 17S-1 at Silver Queen has confirmed the high conductive geophysical anomaly (Jun 30, 2017 NR) contains sulfides.  Drill hole 17S-01, drilled to a length of 816M, successfully intersected the conductive geophysical anomaly (blue) to the northwest of the Itsit Copper-Molybdenum-Gold porphyry. The single drill hole, as indicated in the figure below, has shown that the target consists of sulfides visually identified as bornite, sphalerite, galena, pyrargyrite. 108 Samples are expected to be completed and shipped for assaying within a week.

17s 01

Based on visual observations the Company believes an 261M interval from 555 to 816M (open to depth), including 132M where the above mentioned minerals have been recognized is of interest.

The structure of the core mineralization is an intense stockwork veining grid with sub-vertical sulfide (low silica) veins up to 1.5cm and down to 10 cm spacing.  Pictures of the core will be posted on the Company website nadina.com when available.

Historically, this deep seated target has not been drilled, with one exception: a vertical hole drilled by Northgate in 1970, which tested the NG3 vein from approximately 115 to 136m and the area below. At 437m a 5 foot 7 inch un-named intercept with 24.6 oz/ton Ag, 0.08 % Cu, 12.2 % Pb, and 27.2% Zn has been reported (Process Report New Nadina Ltd. Feb 17/81). According to the report of the geophysical anomaly mentioned above, this intercept most likely represents a thin southern sliver of the target (blue), which is located approximately 400m SSW of the intercept reported above, which truncates the target on the northeastern side.

Additional drilling of this deposit can be expedited from closer sites, on Crown Land, located to the immediate North-Northeast, West, and Southwest of the target.   The Company’s work permit allows up to 50 drill sites. The Company is requesting a four year (2013-2017) permit extension to compensate when no work was conducted due to the landowner opposition/obstruction hiatus. 

Drill hole 17S-02 has commenced and will target both the high grade silver veins (intercepted in drill hole 12S-05 NR Jun 30, 2017) and the high chargeability, low resistivity anomaly, respectively.  Within this target area, two holes are planned and, depending on duration and funding available, an additional hole is anticipated.

GEOLOGICAL UPDATE

Re-cognoscente geological work has shown that the Silver Queen vein system and the recently drilled target are located within a caldera, which formed during repetitive explosive eruptions producing pyroclastic volcanic (tuffs). The apparent ring structure of the ancient volcano plays an important role in the development of the Itsit porphyry system adjacent to the South of it by providing heat and metal bearing fluids. Pyroclastic flows of eruptive events, forming layers of tuff and ash, deposit at an angle of about 32-34 degrees on the flank of the volcano. In the case of high temperatures during deposition, it will form a welded tuff. Often, welded tuffs are located above an ash layer of a previous event cycle. Ash tuff layers, due to their high reactive particle surface, tend to turn into clay soon after deposition. In the case of the Itsit Porphyry, located outside of the caldera under the flank of the volcano, multiple welded tuff layers and underlain clay layer, latter formed from a previous ash tuff, capped the top of the porphyry. Therefore, the asymmetric shaped deposit formed by fluids due to the permeability (porphyry) and the lack of it (cap at a 32 degree angle), rather than by shearing it off by a thrust fault.

Dr. Mathias Westphal. P.Geo., a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical content of this release.

PRIVATE PLACEMENT OFFERING UPDATE (Jun 30, 2017 NR, Sept 26, 2017 NR)

The Company announces it will finalize and cancel the unsubscribed remainder of the 8 cent unit offering first announced June 30, 2017. At this date, the Company has 13,934,933 issued shares, 1,025,000 outstanding unexercised share Options and 1,287,500 outstanding unexercised warrants.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Visit www.nadina.com   Contact Ellen Clements: 1 (250) 444-1005,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

Clarification of Oct 25, 2017 news release

October 27, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA)     At the request of IIROC, the Company wishes to clarify the following statements in its October 25, 2017 news release:

  • “The single drill hole, as indicated in the figure below, has confirmed that the target is consisting of high-grade sulphides.”
  • “According to the visible reporting of mineral identification, abundance, and distribution, an intercept of 261 metre total size of the target (blue) ranging from 555 to 816 metres (open to depth), including 132 metres of high-grade core, containing bornite plus/minus pyrargyrite, ranging from 663 to 795 metres depth, has been recognized.”

The Company has not submitted any core samples to an accredited laboratory for assay or analysis.  As a result the Company recognizes it was vague and possibly misleading for the news release to disclose that it “confirms high grade target” or that it “has confirmed that the target is consisting of high grade sulphides”.  In addition the company recognizes the inherent risk of the “visible reporting of mineral identification” over significant intervals.  The Company wishes to retract the above statements and disclosure.

Dr. Mathias Westphal. P.Geo., a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical content of this release.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Visit www.nadina.com   Contact Ellen Clements: 1 (250) 444-1005,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

Newswire

Private Placement closed Tranche Two - $418,125

13-12-2017 Hits:34 2017 News Releases Nadina

December 13, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces $418,125 received in Tranche two and the final closing of the Non Brokered Private Placement as of Dec. 8, 2017 first announced on Nov 13, 2017 and NR Dec.4, 2017 tranche one. All securities issued are subject to a hold period of four months and one day and become free trading on April 10...

Read more

Tranche One - $693,750 Drill funds raised

04-12-2017 Hits:219 2017 News Releases Nadina

December 4, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces $693,750 received from Tranche one of the Non Brokered Private Placement first announced on Nov 13, 2017.  All securities issued are subject to a hold period of four months and one day and become free trading on April 2, 2018.  The offering and any payment of finders' fees are both subject to TSX-V approval –...

Read more

FINANCING ANNOUNCED - 2018 DRILLING

13-11-2017 Hits:683 2017 News Releases Nadina

November 13, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announce non-brokered private placements consisting of 150,000 Flow Through shares (no warrants) at a price of $3.80 per share and up to 400,000 Non-Flow Through units at a price of $3.75 per unit for gross proceeds of $2,070,000. The Non-Flow Through units of the financing will comprise of one common share and one-half non-transferable warrant, where each...

Read more