Tranche One - $693,750 Drill funds raised
New Nadina Explorations Limited TSX-V-NNA
Box 130, 1215 Greenwood Street, Greenwood BC V0H 1J0
Phone (250) 445-2260, Fax (250) 445-2259
News Release
Tranche One - $693,750 Drill funds raised
December 4, 2017 GREENWOOD, BRITISH COLU MBIA – New Nadina Expl orations Limited (TSX
VENTURE: NNA) announces $693,750 received from Tran che one of the Non Brokered Private Placement
first announced on Nov 13, 2017. All secur ities issued are subject to a hol d period of four months and one
day and become free trading on April 2, 2018. The o ffering and any payment of finders' fees are both
subject to TSX-V approval – details as follows:
Flow Through comprise 150,000 shares at $3.80 for pr oceeds of $570,000. Pertai ning to Flow Through
shares only, there were 9,001 (6%) broker warrants issued (exercisable for two year at $3.80) and 6% finder's
fee of $34,200 paid in cash.
Non-Flow through Units issued co mprise 33,000 shares at $3.75 and half warrants to purchase 16,500
common shares at $4.25 per share exer cisable for a period of two year s. Exercise of warrants may be
accelerated in the event the shares trade at or above a price of $6.00 for a period of ten (10) consecutive
trading days. In such case, the issuer shall give notice by way of a news release and to the subscribers that
the warrants will expire thirty (30) days from the da te of providing such notice. Proceeds of $123,750 have
been received and no Finders’ Fee was paid.
All proceeds will be spent on expl oration and drilling at its 100% owne d Silver Queen property at Owen
Lake south of Houston BC. Subject to ground moisture, approximate ly 6,000 meters of drilling will
commence in early April 2018 to test and further defi ne the high conductive Blue Zone anomaly intersected
in 2017 drilling.
The Company confirms that reporting of drill hole 17S -01 assay results is expe cted by December 15, 2017.
In that report, visuals and information on drill holes 17S-02 and 17S-03 will also be reported. Subsequent to
this, additional core photos will be published on the company website: nadina.com.
The balance of the private placement (NR Nov 13, 2017) will be closed prior to the release of assay results
and if any remaining unsubscribed portion will be cance lled. At that time, the Company will provide an
update of proceeds from exercised options and warrants to date.
ON BEHALF OF THE BOARD
“Signed”
Ellen Clements, President and Chief Executive Officer
Visit www.nadina.com Contact Ellen Clements: 1 (250) 444-1005, or email [email protected]
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION
This news release contains cert ain "forward-looking information" within the meaning of Canadian securities laws. Actual results may differ
materially from those indica ted by such forward-looking information. All inform ation 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.
“Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of the TSX Vent ure Exchange)
accepts responsibility for the adequacy or accuracy of this release.”