New Nadina Explorations Limited and Kettle River Resources Ltd. Complete Plan of Arrangement
Greenwood, B.C. – November 6, 2015- New Nadina Explorations Limited (“New Nadina”) (TSX-V:NNA) and Kettle River Resources Ltd.(“Kettle River”) (TSX-V:KRR): are pleased to report that the previously announced arrangement (“Arrangement”) [see joint news releases dated July 20, 2015, and August 17, 2015] has been completed. New Nadina has acquired all of the outstanding common shares of Kettle River by way of a plan of arrangement under the Business Corporations Act (British Columbia) in exchange for issuing 27,716,711 common shares of New Nadina to former Kettle River shareholders, resulting in Kettle River becoming a wholly-owned subsidiary of New Nadina. Fractional shares of New Nadina have been rounded down to the nearest lower whole share.
For complete details of the plan of Arrangement, interested persons are directed to the Information Circular filed on SEDAR (www.sedar.com) by Kettle River under its SEDAR profile.
Kettle River’s common shares will be delisted from the TSX Venture Exchange at the close of business today.
On Behalf of New Nadina’s Board On Behalf of Kettle River’s Board
“William Meyer” “Stephen Levano”
William Meyer Stephen Levano
For further information contact Ellen Clements at 1-800-856-3966.
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.