Nicola Mining Announces Closing of Second and Final Tranche of Convertible Debenture Offering
TSX.V: N
NICO
VANCO
announc
has co m
(the “Off
debentur
closing o
key term
th
p
op
th
an
in
th
M
th
se
The Com
Proceeds
existing d
The De b
statutory
the Offer
On behal
“Peter Es
Peter Es
CEO & D
NIM
LA MINING
OUVER, B. C
e that, furt h
mpleted a
fering”) pu r
res (the “De
of the first a
ms:
he Debentu r
ayable annu
ption of the
he Debentur
nd the pri n
nterest shall
he principa l
Maturity Dat
he repa yme
ecured again
mpany did no
s from the O
debentures.
bentures an d
y hold perio d
ring.
lf of the Boa
spig”
spig
Director
G ANNOUN
CONV
C., January 9
her to its N e
second a n
rsuant to w
bentures”).
nd second t
res shall be a
ually, in cash
Company;
res will matu
ncipal amou n
be payable o
l amount o f
e, at the opti
nt of the o
nst the assets
ot pay any fi
Offering will
d an y Shar e
d expiring o
rd of Directo
NCES CLOS
VERTIBLE D
9, 2020 – N
ews Release s
nd final t r
hich it issu e
The Compa
tranches of t
ar interest a
h or in comm
ure three yea
nt of the D
on the Matu
f the Debe n
ion of the ho
outstanding
s of the Com
inder’s fees i
be used fo r
es issued u p
on the date t
ors
SING OF SE
DEBENTUR
Nicola Mini n
s of Nove m
ranche of
ed an a ggre
any has rais
the Offering
t a rate of 1
mon shares (
ars after the
Debentures, t
urity Date;
ntures shall
older, at a co
principal a
mpany.
in connectio
r general wo
pon conver s
that is four m
ECOND AN
RE OFFERIN
ng Inc. (the
mber 13, 201 9
its non-b r
egate of $35
sed total pro
g. The Debe n
10% per an n
(each, a “Sh
e date of iss u
together wi
be converti b
onversion pr
and interest
on with the O
orking capita
sion of the
months and
ND FINAL T
NG
“ Company
9 and Nove
rokered pr i
0,000 of se c
oceeds of $7,
ntures inclu
num, which
hare”) of the
uance (the “M
th an y acc r
ble into Sh a
rice of $0.10
of the De b
Offering.
al and ma y
Debentures
d one da y af
TRANCHE O
y”) is pleas e
mber 21, 2 0
ivate plac e
cured conve
,350,882 from
ude the foll o
interest sh a
Company, a
Maturity Da
rued and u n
ares prior t o
per Share; a
bentures w i
be used to r
are sub ject
ter the closi
OF
ed to
019, it
ement
rtible
m the
owing
all be
at the
ate”),
npaid
o the
and
ill be
repay
t to a
ng of
For additional information contact:
Peter Espig
Telephone: 778. 385.1213
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.