NEW NADINA INTENDS TO VIGOROUSLY DEFEND FRIVOLOUS PETITION
November 16, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces that it has been named as a respondent, along with the individual holding the title of Senior Inspector of Mines with the provincial Minister of Energy and Mines, in a petition filed in the Kamloops Registry of the Supreme Court of B.C. The petitioners, C. Donald Christmann and 0712249 B.C. Ltd. seek a judicial review of the current authorization permit granted to the Company by the Ministry of Energy and Mines and also seek to enjoin the Company from mining activities related to that permit for which it is currently authorized. Ellen Clements, President and CEO, comments “This is a frivolous lawsuit completely without merit and we intend to vigorously defend against any action which would negatively affect the permits we have been granted or the interests of our shareholders. The petitioners have been involved in various attempts to intimidate and deter the Company from its legitimate activities on the property which we are using according to our permit and this litigation is just the latest step taken to try to slow down the Company’s plans. The Company is confident in its position and doesn’t plan on allowing this stall tactic to affect its planned course of action.” The permit and the subject of the petition relate to the Company’s Silver Queen property, located near Owen Lake south of Houston, British Columbia. New Nadina wishes to reassure shareholders that the Company intends to continue drilling and proceeding with its work program as planned (see March 28, 2012 news release, and plan map on our website.)
ON BEHALF OF THE BOARD
President and Chief Executive Officer
For further information please visit the website at 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.