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News

Monument starting to sparkle for New Nadina and partners

Volume 94 Number 46
The Global Mining Newspaper
Jan 8 - 14, 2009

Vancouver - Drill results from the Monument diamond project in the Northwest Territories have its joint-venture owners excited about the possibility of finding sizeable stones.

Monument, which sits on the shores of Lac du Gras, is truly a joint venture. New Nadina Explorations (NNA-V) owns 57% of the property and acts as the operator. But the junior is more than open to suggestions from its partners, which include two of the men who first found diamonds in Canada's north. Stu Blusson, who found the kimberlite pipes that feed the Ekati mine, is the head of 21%-owner Archon Minerals (ACS-V). The other 22% is held by Chris and Jeanne Jennings; Chris Jennings was a key member of the team that identified the resource behind the nearby Diavik diamond mine.

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$600,000 Non-Brokered Private Placement

New Nadina Explorations Ltd. is undertaking a non-brokered private placement of up to $600,000 issuing four million units. Each unit is priced at 15 cents and comprises one share and one warrant. One warrant, entitling the purchaser to acquire an additional share of the company, is exercisable for two years, at a share purchase price of 25 cents during the first 12 months and 30 cents during the last 12 months. The warrants are non-trading and non-transferable.

An 8-per-cent finder's fee payable in units under the same terms may be payable in compliance with the guidelines of the TSX Venture Exchange policies. Shares of the company last traded at 11 cents.

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$600,000 Non-Brokered Private Placement

New Nadina Explorations Limited (the "Company") announces that it is undertaking a non-brokered private placement of up to $600,000 issuing five million units.  Each unit is priced at 12 cents and is comprised of one share and one warrant. One warrant, entitling the purchaser to acquire an additional share of the Company, is exercisable for two years, at a share purchase price of 20 cents during the first 12 months and 25 cents during the last 12 months. The warrants are non-trading and non-transferable.

This private placement replaces the financing as announced in our prior news release of February 3, 2009.

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Investor Relations Agreement

New Nadina Explorations Limited (the "Company") is pleased to announce that it has entered into an agreement with Raven Capital to provide investor relation services to the Company.  Raven Capital will assist in the development, implementation and maintenance of a market awareness program. The terms of the agreement are CDN $4,500 per month for an initial period of twelve months and the grant of 200,000 share purchase options.

Raven Capital is a Vancouver based company headed by Jack Barnes. Jack has a long association with the junior capital markets, having spent eighteen years as a broker and the last 10 years as principle of Raven Capital, a corporate relations firm.

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Options Granted

New Nadina Explorations Limited (the "Company") announces that it has granted 700,000 stock options to directors, of the company under its incentive stock option plan. The options are exercisable at 12 cents per share for a period of five years. All options granted are subject to a vesting schedule where one third shall vest on dates that are six, twelve and eighteen months following the date of grant in accordance with the Company Stock Option Plan and subject to TSXV approval.

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Work Program Commences At Monument

New Nadina Explorations Limited (the "Company")  is pleased to announce their six week spring work program has commenced at the Monument Diamond Project located 300 km north northeast of Yellowknife. The program will consist of ground magnetometer surveying and both diamond and RC drilling. New Nadina is operator of the project and is working closely in association with JV partners Dr. Chris Jennings and Dr. Stu Blusson.

Ground magnetometer surveying of approximately 750 line kilometers has been contracted to Aurora Geosciences Ltd. of Yellowknife NT. The current geophysical program will provide more precise delineation of the location of known kimberlites on the ground and will assist in identifying new targets.  As the interpreted results are received, targets will be identified and prioritized for drilling. Over the years, a variety of geophysical programs have been conducted, each contributing additional information to the project.  Last year synthesis of this data led to four kimberlite discoveries, increasing the current number of known diamondiferous kimberlites on the project to twelve.

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Drilling Underway at Monument

New Nadina Explorations Limited (the "Company")  is pleased to announce that a two drill drill program is underway on the Monument Diamond Project located adjacent to the Ekati™ and Diavik™ Diamond mines 300km north northeast of Yellowknife. The program will be carried out in two stages. First stage includes further defining of the Trio pipe and drill testing four winter ice targets, including the DD42, in the Northern Zone. The second stage will test new targets within the Southern Zone and a new target in the eastern part of the property by the Genie Pipe.

Link to Monument Map

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Newswire

NNA's Monument Diamond Project Valuation

26-03-2019 Hits:115 2019 News releases Nadina

News Release – March 20, 2019 New Nadina Explorations Limited TSX-V-NNA Box 130, 1215 Greenwood Street, Greenwood BC   V0H 1J0 Phone (250) 445-2260, Fax (250) 445-2259 Email:  nadina2005@shaw.ca Monument Project Valuation As previously announced, New Nadina Explorations Limited is seeking a Partner, either to advance the Monument project going forward or to acquire New Nadina’s interest therein, so that NNA can focus on its wholly-owned Silver Queen polymetallic project in Central British Columbia. Bruce McKnight, P. Eng...

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Stock Options Granted

06-03-2019 Hits:195 2019 News releases Nadina

March 4, 2019:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to announce it has granted 300,000 stock options to certain directors and advisors of the company under its incentive stock option plan.  The options are exercisable at $0.08 per share for a period of five years, expiring on March 3, 2024.  ON BEHALF OF THE BOARD “Signed” John W. Jewitt,   President and Chief Executive Officer For further...

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2019 Overview and Strategy, February 27, 2019

01-03-2019 Hits:457 2019 News releases Nadina

Letter to Shareholder 

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