Nicola Mining Announces Closing of Private Placement

TSX

VAN

“Nic

comp

(each

Each

purc

addi

Offe

No f

All s

2021

Non

Act o

or an

to se

whic

Abo

Nico

main

four

gold

Crai

oper

On b

“Pete

Peter

CEO

For a

Cont

Phon

Ema

Neit

polic

X.V: NIM

NCOUVER,

cola”) anno u

pleted its p

h, a “Unit”)

h Unit is co m

chase warran

itional Shar e

ring.

finders’ fees

securities iss

1. The aggre

ne of the secu

of 1933, as a

n applicable

ell or the so l

ch such offer

out Nicola M

ola Minin g

ntains a 100%

mill profit

d and silver

gmont Proje

rations.

behalf of the

er Espig”

r Espig

O & Director

additional in

tact: Peter Es

ne: (778) 385

ail: info@nico

ther the TS X

cies of the T

NICOLA M

BC, Septe m

unces that,

private plac e

at a price of

mprised of

nt (each who

e of the Co m

were paid in

sued in con n

egate gross p

urities sold in

amended, an

e exemption

licitation of

r, solicitation

Mining

Inc. is a jun

% owned mi

share agreem

mill feed v

ect, a high-gr

Board of Di

nformation

spig

5-1213

olamining.co

X Venture

TSX Venture

MINING AN

mber 2, 2020

further to i

ement fina n

f $0.13 per U

one comm o

ole warrant,

mpany at a

n connection

nection with

proceeds from

n connection

nd no such s

from the r e

an offer to

n or sale wou

nior minin g

ill and tailin

ments with

via gravity

rade copper

irectors

om

Exchange n

e Exchange)

NNOUNCE

– Nicola M

its news re l

ncing (the “ O

Unit for aggre

on share of t

a “Warrant

price of $0. 2

n with the O

h the Offerin

m the sale of

n with the O

ecurities ma

gistration re

buy nor sh a

uld be unlaw

g compan y l

ngs facility, lo

high grade

and flotati o

r property, a

nor its Re gu

accepts resp

S CLOSING

Mining Inc. (

lease dated

Offering”),

egate procee

the Compa n

t”). One War

20 per Shar e

Offering.

ng are subjec

f the Offerin

Offering will

ay be offered

equirements

all there be

wful.

listed on t h

ocated near

gold produ

on processe s

and an active

ulation Ser v

ponsibility f

G OF PRIVA

(TSX.V: NI M

August 24 ,

whereby t h

eds of $749,9

ny (each, a “

rrant entitles

e for a peri o

ct to a statu t

ng will be us

be registere

d or sold in t

s. This news

any sale of

he TSX Ven t

Merritt, Brit

ucers. The f u

s. The Co m

e gravel pit t

vices Provi d

for the adeq

ATE PLACE

M) (FSE: H

, 2020 and

he Compan y

999.90.

“Share”) a n

s the holder

od of two y

tory hold p e

sed for gener

ed under the

the United S

release sha

the securit i

ture and F r

tish Columb

ully-permitte

mpany also o

that is locate

der (as that

quacy or accu

EMENT

LI), (the “ C

August 31,

y issued 5, 7

nd one-half

r thereof to p

ears from c l

eriod expirin

ral working

e United Stat

States absent

ll not const i

ies in an y ju

rankfurt Ex c

bia. It has alr

ed mill can p

owns 100%

ed adjacent t

term is de f

uracy of this

Company” o

2020, it ha

769,230 unit

of one shar e

purchase one

losing of th e

ng January 3

capital.

tes Securitie

t registration

itute an offe

urisdiction i n

changes th a

ready signed

process both

of the Ne w

to its milling

fined in th e

s release.

r

s

s

e

e

e

3,

s

n

r

n

at

d

h

w

g

e