Shares for Debt Issued
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 protected]
News 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 [email protected]
“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.”
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION
This news release contains certain "forward-looking information" within the meaning of Canadian securities laws. Actual results may differ materially from those indicated by such forward-looking information. All information included herein, other than statements of historical fact, including, without limitation, information regarding future production, is considered forward-looking information and involves various risks and uncertainties. There can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Neither 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.