New Nadina closes $315,000 Non-brokered Private Placement
There were 3,166,000 shares issued for proceeds of $315,000. Two finders’ fees of 8% were awarded, one for 16,000 units and the other a cash payment of $2,000. The shares issued cannot be traded before May 28, 2010. Insider participation totaled 250,000 units.
The private placement is subject to the approval of the TSX Venture Exchange.
ON BEHALF OF THE BOARD
President and Chief Executive Officer