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News

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

“Signed”

Ellen Clements,

President and Chief Executive Officer

For further information please visit the website at www.nadina.com

or contact Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.

Company reports that the stated hold period should read March 15, 2013

November 15, 2012:  GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations Limited (TSX VENTURE: NNA) announces that further to the Company's November 14, 2012 news release of the closing of Tranche Two, consisting of 5,000,000 Flow-through common shares, the Company reports that the hold period date of March 13, 2012 was an error and should read March 15, 2013.

ON BEHALF OF THE BOARD

"Signed"

Arlene Ashton
Secretary and Chief Financial Officer
Contact Ellen Clements:  1 800 856 3966


"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."

New Nadina CLOSES $1,550,000 FUNDING

November 14, 2012: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) has closed the non brokered Flow Through private placement financing (ref NR October 11, 2012) of 15,500,000 million shares for proceeds of $1,550,000. 

The issue of 10,000,000 non Flow-through units to Intrepid Mines Limited at a price of 10 cents per unit.  Each unit consists of one common share and one half of one non-transferable warrant, where each one whole warrant shall entitle the holder to purchase one common share at the price of 15 cents per common share for up to 24 months. Associated warrants issued can purchase up to five million common shares at 15 cents for 24 months expiring November 6, 2014.  The shares issued cannot be traded before March 7, 2013

The Flow Through issue is 5,500,000 common shares at a price of 10 cents per share.  Tranche One was the issue of 500,000 common shares which cannot be traded before March 7, 2013.  Tranche Two was the issue of 5,000,000 common shares which cannot be traded before March 13, 2012. There are no warrants attached to these shares. There are no Finders’ Fees associated with the private placements.

The $1,000,000 received from Intrepid Mines Limited supports the 2012 drill and exploration program allowing us to mobilize and commit to testing the anomalies produced in March 2012 from the Quantec Geoscience Titan24 DCIP & MT survey.  The permit allows for up to 25 drill sites and drilling has commenced. A minimum of 5,000 meters is planned initially with more depending on results.

Don MacIntyre, Ph.D., P.Eng. is the Qualified Person (“QP”) for the Silver Queen project.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Contact Ellen Clements: 1 800 856 3966

“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.”

NEW NADINA SEEKS $1.6 MILLION PRIVATE PLACEMENT

October 11, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA ”) subject to the approval of the TSX Venture Exchange, plans a non-brokered private placement of up to $1,600,000 comprised of $600,000 Flow-through proceeds and $1,000,000 non Flow-through proceeds. The Flow-through offering consists of up to 6,000,000 common shares at the price of 10 cents per common share. The non Flow-through offering consists up to 10,000,000 units wherein each unit at the price of
10 cents per unit consists of one common share and one half of one non-transferable warrant, where each one whole warrant shall entitle the holder to purchase one common share at the price of 15 cents per common share for up to 24 months.  All shares issued or issuable are subject to a four month hold period from date of issue.

Proceeds are to be used for ongoing exploration at its 100% owned Silver Queen property where a 5,000 meter drill program is planned for 2012 and for general corporate purposes. Drilling in 2011 discovered the Itsit porphyry (Target B) with significant mineralized intersections carrying values in gold, copper and molybdenum. The Titan 24 geophysical program completed in March 2012 suggests that the Itsit porphyry is a body of considerable size that may include higher grade zones, the identification of which will be a major objective in the upcoming drill program.  Targets A and C are both near surface targets being west and north of the Itsit porphyry. Assay results of the recent Itsit Copper-Molybdenum-Gold porphyry discovery are noted in the December 21, 2011 news release. This content has been reviewed and approved by Don MacIntyre, Ph.D., P.Eng., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101.

New Nadina announces that Larry Widmer has resigned from the Board of Directors. The Company thanks Larry for his years of contribution and wishes him all the best in his future endeavors.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

For further information please visit the website at www.nadina.com

or contact Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

Shares for Debt Issued

October 11, 2012 GREENWOOD, BRITISH COLUMBIA – As per requirements stipulated by the TSX, New Nadina Explorations Limited (the “Company”) (TSX VENTURE: NNA) announces completion of the shares for debt transaction as announced in September 7, 2012 news release.  The Company has issued 1,526,740 common shares to Quantec Geoscience Ltd. for debt settlement of $152,673.58.  Warrants may be exercised where an additional 1,526,740 shares cans be purchased at the exercise price of $0.10 per share for the first year and $0.15 in the second year.   The Shares and any warrants exercised are subject to a four-month hold period under the policies of the Exchange.   These shares cannot be traded before January 22, 2013.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

For further information please visit the website at www.nadina.com

or contact Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

QUALIFIED PERSON HIRED FOR SILVER QUEEN PROJECT

September 19, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) is pleased to announce that Don MacIntyre, Ph.D., P.Eng. has agreed to act as the Company Qualified Person (“QP”) for the Silver Queen project. Don will take over from Jim Hutter, P.Geo. The Company wishes to thank Jim for his many years of assistance and support on the Silver Queen project.

Don MacIntyre has extensive experience with porphyry copper deposits in west central B.C. He did his M.Sc. thesis on the Coles Creek porphyry copper deposit in 1974 and did a regional mapping and metallogenic study of the Tahtsa Lake porphyry copper district as part of his Ph.D. thesis in1976. From 1976 until 1979 he worked for Asarco Exploration and was responsible for a number of porphyry related exploration projects in the Smithers area. In 1979, Don joined the B.C. Geological Survey as a project geologist and over a 25 year career with the BCGS Don worked on a number of regional mapping and mineral deposit studies in northern B.C., including the important Babine Lake porphyry copper district. Through these projects he has acquired extensive knowledge of the geology and mineral deposits in the area. In 2003 Don retired from the BCGS and started his own consulting company specializing in property evaluations and GIS data integration in support of grassroots and advanced exploration projects. Most recently he has been involved in the Lucky Ship porphyry molybdenum project at Morice Lake, southeast of Silver Queen and the Lennac Lake porphyry copper project in the Babine Lake district.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

 

For further information please visit the website at www.nadina.com

or contact Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

SILVER QUEEN WORK PERMIT RECEIVED

September 11, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) is pleased to announce that an exploration work permit has been granted for the Silver Queen property located near Owen Lake south of Houston BC. 

The Company wishes to thank Jim Hutter, P.Geo., for his many years of assistance and support on the Silver Queen project. The Company is currently seeking a qualified person for the upcoming programs.

Peter Kowalczyk continues as the company geophysical consultant providing drill target guidance and support working with Nasreddine Bournas, PhD, PGeo, of Quantec Geoscience who summarized the 2011 and 2012 geophysical program. Nasreddine commented to the report “The 3D DCIP inversion results supported by the MT inversions of the Titan 24 data acquired at Silver Queen show spectacular zones of chargeability high occurring in coincidence with zones of resistivity low and consistent with the evidence of the possible existence of a unique porphyry system of high tonnage of mineralization”. 

During the next 10 months we plan to drill test three targets within the anomaly produced from the spring 2012 geophysical program. (refer NR Mar 28,2012 and plan map on company website.) If warranted, trenching has also been permitted.  Drilling in 2011 discovered the Itsit porphyry (Target B) with significant mineralized intersections carrying values in gold, copper and molybdenum. The geophysical program completed in March 2012 suggests that the Itsit porphyry is a body of considerable size that may include higher grade zones, the identification of which will be a major objective in the upcoming drill program.  Targets A and C are adjacent (west and east) to the Itsit with both appearing to be near surface.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

For further information please visit the website at www.nadina.com

or contact Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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

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