PROCEEDING WITH NON-BROKERED FLOW-THROUGH and Non-Flow Through PRIVATE PLACEMENT

New Nadina Explorations Limited

TSX-V-NNA Box 130, 298 Greenwood Street Greenwood BC V0H 1J0 Phone (250) 445 2260, Toll Free 1 800 856 3966 Fax (250) 445 2259 Email [email protected]

NEWS RELEASE

PROCEEDING WITH NON-BROKERED FLOW-THROUGH and Non-Flow Through PRIVATE PLACEMENT

September 24, 2010 - New Nadina Exploration Limited (the “Company”) announces that it is proceeding with Private Placement first announced on August 12, 2010.

Up to $1,000,000 Flow Through dollars will be raised through the issuance of 10,000,000 shares at a price of $0.10 per unit and up to $200,000 non-Flow Through units at a price of $0.10.

The Flow-Through units consists of one common share and a one half of one warrant where one warrant can purchase one non flow-through share for up to two years at $0.15. The non Flow- Through unit consists of one common share and one warrant that entitles the holder to purchase one common share at $0.10 in year one and at $0.15 per share in the second year.

The Company will pay a Finders Fee of 8% in units, where the units consist of one common share and one warrant, where the warrants are exercisable at $0.10 in year one and at $0.15 per share in year two.

Proceeds from the placement will be used for 2010 exploration program on the Company’s 100% owned Silver Queen Property and for general corporate funds.

The placement is subject to all necessary regulatory approvals.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements, President and Chief Executive Officer

“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.”

.