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News

New Nadina plans Silver Queen Program

GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX Venture: NNA) is pleased to provide progress on the 100% owned Silver Queen Project.  The following updates content in NR of January 28, 2010 and MD&A filed on SEDAR April 21, 2010.

The Silver Queen property is all season accessible via the forest service road to the Huckleberry Mine south of Houston, BC.  The SQ (Silver Queen) property consists of 17 Crown Granted mineral claims and four staked claims covering approximately 3,187 hectares. Recent staking of 12 DQ (Dancing Queen) claims of an additional 4,423 hectares increased the project land tenure to 7,610 hectares.

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New Nadina $250,000 Non-brokered Private Placement

GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) has arranged a non-brokered private placement, subject to the approval of the TSX Venture Exchange. The private placement consists of up to 2,500,000 non-flow-through units at a price of $0.10 per unit for gross proceeds of $250,000. Each unit consists of one common share of the Company and one common share purchase warrant, each warrant entitling the holder to purchase one additional common share of the Company for a period of two years, at a price of $0.10 per share in the first year and at a price of $0.15 per share in the second year. The securities issued pursuant to the placees are subject to a hold period expiring four months from date of issue.

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New Nadina closes $155,700 Non-brokered Private Placement

GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) advises that the non-brokered private placement announced May 4, 2010 has closed. Each unit is comprised of one common share and one share purchase warrant entitling the holder to purchase one additional share of the Company for up to 24 months expiring June 21, 2012. The exercise price is 10 cents during the first 12 months and 15 cents thereafter.

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Corporate Data

New Nadina Explorations Limited (“the Company”) was incorporated on April 7, 1964 under the Company Act of British Columbia.  On December 20, 1977 the name changed from Nadina Explorations Limited NPL to New Nadina Explorations Limited NPL. On April 9, 1985 the company converted from a specially limited company to a limited company under the name of New Nadina Explorations Limited.

The Company is principally engaged in the acquisition, exploration and development of mineral properties in British Columbia, Saskatchewan, Northwest Territories and Nunavut. The Company trades on the TSX Venture Exchange under the trading symbol “NNA” and is extra-provincially registered in the Province of Saskatchewan and extra-territorial registered in the Northwest Territories.

The Company is currently exploring for diamonds on the Monument Property at Lac de Gras in the Northwest Territories and for gold/silver at the Silver Queen Mine Property near Houston in central British Columbia.

Trust Company:

Computershare Trust Company
510 Burrard St., 3rd Floor
Vancouver, BC V6C 3B9
Ph: 604 661-9400
Mariano Banting, Client Services

CUSIP #647567304

Auditor:

Davidson & Company LLP
Chartered Accountants
Suite 1200  609 Granville Street
PO Box 10372, Pacific Centre
Vancouver, BC   V7Y 1G6

 

Lawyer:

Fang and Associates
Suite 1780 
400 Burrard Street
Vancouver, BC   V6C 3A6

 

Management and directors

John W. Jewitt, Director, President and Chief Executive Officer – Mr. Jewitt is a registered professional mining engineer (British Columbia) who obtained an Advanced Management Diploma from Harvard Business School.    He was employed at several underground mines owned by Teck Resources prior to becoming President of the Granby Mining Company (NYSE) and Granisle Copper Ltd (TSX); both substantial copper producers in British Columbia.   Subsequently Jewitt worked as Manager of Engineering and Development for Chevron Resources Inc., opening mines in B.C., Australia, Chile and Ireland.  He then worked as Manager of International Project Development for Pegasus Gold, prior to managing final feasibility studies towards re-opening the Tulsequah Chief VMS Mine in BC and EuroZinc's copper-zinc mines at Aljustrel, Portugal.

Jewitt received an award from  Engineers and Geoscientists of BC as follows:  R.A. McLaughlin Award:  This award is made to an engineer who, through activity in professional affairs, and participation in community activities, has exhibited to a notable degree that concern with public welfare which should characterize the engineering profession at its best.

As a former Director of New Nadina Explorations Limited, Jewitt is well-positioned to advance the Silver Queen Metals project in British Columbia and the Monument Diamond project in the Northwest Territories of Canada.

Courtney Shearer, B.Sc (Eng.), MBA, CPA, CMA,  Director – Mr. Shearer has been an entrepreneur all his working career. After working in the BC timber industry and in a junior silver producer in the Canadian Arctic, he co-founded and ran a private oilfield service company in Alberta for a decade and successfully sold it to a large, multi-national corporation.  

He was involved in several junior Canadian exploration and production companies for 15-years as a board member and in the C-suite, including being CFO for Merit Mining Corp. when they opened the Greenwood Gold Project in 2008.  

He was also a director and consultant for San Gold Corporation when they opened the Rice Lake, Manitoba gold mine and grew from a market capitalization of $18 million to over $1.1 billion in 6 years. He worked on the business development team that raised over $120 million to finance that growth and conversion from the TSX Venture Exchange to the TSX.  

He is currently a partner in a private company that provides implementation of land development, funding and financial strategies to private, public and not-for-profit organizations.

Peter Cooper,  Director - Mr. Cooper has over 42 years in the mineral exploration and mining business, working primarily for major producers in Canada and the U.S; Better part of the past 20 years working in Washington State and southern BC, since 2007 as Chief Geologist and subsequently Manager of Operations Strategy for Kinross Gold's Kettle River Operations; and Participated in three successful new gold mine startups, including Kinross' Buckhorn mine, having played a significant role in the pre-production exploration and development of each.

Killian Ruby, CPA, CA, Chief Financial Officer and Corporate Secretary - Mr. Ruby is the President & CEO of Malaspina Consultants Inc. in Vancouver and focuses on clients in the resource and junior public sector. Mr. Ruby advises clients on matters related to financial management and public company reporting and is particularly adept at handling complex issues and multiple stakeholders with a collaborative, team-based approach.
Prior to joining Malaspina, Mr. Ruby was an Assurance Partner at Wolrige Mahon LLP (now Baker Tilly Canada) working predominantly with resource and other junior public companies, and formerly was a Senior Manager with KPMG LLP working on a range of public companies and reporting issuers. He holds a BSc. (Accounting) from University College Cork, Ireland, a Post-Graduate Diploma in Corporate Treasury from Dublin City University, Ireland, and received his Chartered Accountant designations from Canada and Ireland in 2010 and 2002, respectively.

Frederick James Sveinson, B.A., B. Sc., P. Eng. - Mr. Sveinson is a professional mining engineer with more than 45 years’ experience in Canada and internationally in the exploration, development, construction, operation and financing of mineral projects. His experience includes the development and operation of underground mines from 100tpd to 2000tpd in Zambia, USA, Venezuela and Canada including the Arctic. He has been involved in projects with major logistics challenges including construction and operation in remote areas requiring fly-in, fly-out camps with access via long winter roads and by air. Mr. Sveinson has been involved with negotiating Impacts and Benefits agreements with First Nations and training of aboriginals. He has held senior positions with major consulting firms and contractors such as SNC Lavalin Inc. and Dynatec Corp. Fred has been an entrepreneur and founder of several junior companies which have re-started Brownfield’s sites or developed new mining operations. Mr. Sveinson is currently working as a Senior Mining Advisor / Consultant via his wholly owned company, International Mine Builders Inc. where he is currently leading the resurrection of the historic Bralorne underground gold mine owned by Avino Silver & Gold Mines Ltd. in British Columbia. He is also a Founder and Director of First Vanadium Corp. which is developing a major Vanadium project in Nevada. He also is a Director and Advisor to European Electric Metals which recently acquired the Skroska Brownfields underground Nickel-Cobalt mine in Albania which the company aims to return to production. Mr. Sveinson is a graduate of the University of Saskatchewan in 1970 with a Bachelor of Science in Mining Engineering. He is also a graduate of the University of Waterloo with a Bachelor of Arts in General Economics in 1985.

Helen Jewitt, Office Manager: Extensive secretarial experience with major corporations in the USA and Canada (Hughes Tool Co., Zapata Corporation, Highlands Insurance Co., Coors Bottling Co.  Jimmy Pattison Leasing Company).  Office Manager, Paralegal, and Marketing Co-ordinator TERA Corporation, Berkley, CA, and Director of Business Development, Best Western Plus City Centre, Spokane, WA.

Contact Information

New Nadina Explorations Limited

Box 130,  1215 Greenwood Street
Greenwood, BC  V0H 1J0
Phone: 250-445-2260
Fax: 250-445-2259
Email:
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Investor Relations:

250-445-2260

Newswire

News Release – July 15, 2019: 43-101 Resource Estimate

16-07-2019 Hits:96 2019 News releases Super User

News Release – July 15, 2019: 43-101 Resource Estimate

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News Release - June 28, 2019 - Changes to Board of Directors

03-07-2019 Hits:160 2019 News releases Nadina

New Nadina Explorations LimitedTSX-V-NNABox 130, 1215 Greenwood StreetGreenwood BC V0H 1J0Phone (250) 445 2260Fax (250) 445 2259NEWS RELEASECORPORATE UPDATEJune 28, 2019: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces that Anthony Jewitt and William Meyer have resigned from the Board of Directors in order to pursue their individual endeavours. The Company thanks them for their past services and wishes them well for the future.ON...

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New Nadina Strengthens Management

05-05-2019 Hits:494 2019 News releases Nadina

May 2, 2019: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE: NNA) wishes to announce that the Company has strengthened its management to better serve its shareholders and to facilitate an expanded exploration plan for the Silver Queen Project in Central British Columbia, and to assist in the management of our Monument Diamond Project in Lac de Gras, NWT. • Change in Chief Financial Officer and Corporate...

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