• linecuttersweb12X3
  • NewNadinamtn1400px
  • drillrigpanorama
  • silverqueensite1400px
  • SQrig&cat12X3webpic
  • silverqueenschem1200px

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.”

Newswire

2018 Full Drilling results from Silver Queen

27-09-2018 Hits:147 2018 News Releases Nadina

September 27, 2018:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to provide an update and to provide complete results for the three hole drill program at its 100% owned Silver Queen property near Owen Lake, BC. Access to Private Property:  John Jewitt, President, and Tony Jewitt, CFO, are currently onsite at the Silver Queen Property.  In order to facilitate the reinstatement of the...

Read more

NEW NADINA’s FMC SUSPENDED FOR FOUR MONTHS

14-09-2018 Hits:293 2018 News Releases Nadina

September 14, 2018 :  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) announces that it has received notice, dated September 13, 2018 from the Ministry of Energy and Mines British, the Chief Gold Commissioner, stating: “I have reviewed submissions provided to me by email from Ms. Ellen Clements on behalf of New Nadina on September 8 and 9th, 2018 as well as the June 6 and...

Read more

NEW NADINA CHANGES DIRECTORS

11-09-2018 Hits:258 2018 News Releases Nadina

September 11, 2018 :  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to announce that John W. Jewitt, P.Eng. and Anthony (Tony) Jewitt are replacing directors David R. Huck and Ellen Clements who are both resigning due to personal reasons effective immediately.   Arlene Ashton has resigned as CFO and Secretary and Ellen as CEO and President.  The Company wishes to acknowledge and thank...

Read more