New Nadina $250,000 Non-brokered 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

News Release

New Nadina $250,000 Non-brokered Private Placement

May 4, 2010 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.

Any finders' fees in connection with this private placement will be paid in accordance with the policies of the Exchange.

Proceeds are to be used for general corporate purposes including expenses related to the upcoming exploration of its 100% owned Silver Queen property and as necessary for the 57.49% owned Monument project.

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, 1 250 444 1005 Larry Widmer: (250) 878-5099

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this Release.