Nicola Mining Announces Closing of Non-Brokered Private Placement
TSX.V: N
NICO
VANCOU
has comp
news rele
units (eac
of one com
whole wa
Share for
Proceeds
$656,977.2
The Comp
The Co m
“Finder’s
Finder’s W
Peter Esp
Units un d
Multilater
The issu a
exemption
from the m
in section
related pa
The secu r
Warrants
2018.
On behalf
“Peter Es
Peter Esp
CEO & D
For additi
Peter Espi
Telephone
Email: pet
Neither th
policies of
NIM
OLA MINING
UVER, B.C., J
leted its non-
ase of June 25
ch, a “Unit”),
mmon share o
arrant, a “War
a period of tw
from the Fi n
27, approxima
pany has cont
mpany paid c
Warrants”)
Warrants have
pig, the Presi d
der the Fin a
ral Instrumen
ance to the i n
n contained i
minority shar
n 5.7(a) of MI
arty did not ex
rities issued
and the Fin d
f of the Board
pig”
pig
Director
ional informa
ig
e: (778) 385-12
ter@nicolamin
he TSX Ventu
f the TSX Ven
G ANNOUN
uly 23, 2018
-brokered pri
5, 2018. In con
at a price of
of the Compa
rrant”). Each
wo years from
nancing will
ately 50% of
tacted the sen
ash finders f
to two find
e the same ter
dent, Chief E x
ancing, whic h
nt 61-101 Prot
nsider is exe
in section 5.5
reholder appr
61-101 in tha
xceed 25% of
under the F
der’s Warran
d of Directors
ation contact:
213
ning.com
re Exchange n
nture Exchang
NCES CLOSIN
– Nicola Mi n
ivate placeme
nnection with
$0.15 per Un
any (each, a “S
Warrant is ex
m the date of i
be used to r e
the outstandi
nior lender to
fees of $71,7 4
ers in conn e
rms as the Wa
xecutive Offi
h constitute d
tection of Mino
mpt from t h
(b) as the C o
roval requirem
at the fair ma r
the Company
Financing, a n
nts, are sub jec
nor its Regula
ge) accepts re
NG OF NON
ning Inc. (the
ent financing
h the closing,
nit, for gross p
Share”) and o
xercisable into
issuance.
epay outsta n
ing senior sec
discuss repay
49.95 and is s
ection with c
arrants.
cer and a di r
d a “related
ority Security H
he valuation r
mpany’s shar
ments of MI
rket value of
y’s market ca
nd the Share s
ct to a statut
ation Services
sponsibility f
N-BROKERED
“Company”)
(the “Financi
the Company
proceeds of $
one-half of on
o one additio
nding senior
cured debt, a
yment of the
sued 478,333
certain subsc r
rector of the
party trans a
Holders in Spe
requirement
res are not l i
61-101 by vir
the considera
apitalization.
s that ma y b
tory hold pe r
s Provider (as
for the adequ
D PRIVATE P
) is pleased t
ing”) as furth
y sold an agg
$1,399,999.35.
ne share purch
onal Share at a
secured deb t
and for genera
remaining po
share purc h
riptions in t h
Company wa
action” withi n
ecial Transacti
of MI 61-10 1
isted on a sp e
rtue of the exe
ation of the s h
be issuable o
riod expirin g
s that term is
uacy or accura
PLACEMENT
to announce t
her described
gregate of 9,33
Each Unit co
hase warrant
a price of $0.1
t of approxi m
al working ca
ortion.
hase warrant s
he Financin g
as issued 1,2 3
n the mean i
ions (“MI 61-
1 b y virtue o
ecified marke
emption cont
hares issued
on exercise o
on Novem b
s defined in th
acy of this rel
T
that it
d in its
33,329
onsists
(each
18 per
mately
apital.
s (the
g. The
36,633
ing of
-101”).
of the
et and
tained
to the
of the
ber 24,
he
lease.