Nicola Mining Announces Closing of the First Tranche of Unit Financing

TSX.V: NI

NEWS RE

NICOL

VANCOU

News Rel

“Financin

per Unit,

Financing

Each Unit

(each wh o

Share for

The Comp

Proceeds

The secu r

Warrants,

On behalf

“Peter Es

Peter Esp

CEO & D

For addit

Peter Esp

Telephon

Email: pe

IM

ELEASE

LA MINING

UVER, B.C., A

lease of June

ng”) pursuant

for gross pro

g.

t consisted of

ole warrant,

a period of tw

pany did not

from the Fina

rities issued

, are subject to

f of the Board

pig”

pig

Director

tional inform

pig

ne: (604) 647

eter@nicolam

ANNOUNC

August 19, 201

28, 2019, it h

t to which it s

oceeds of $450

f one commo n

a “Warrant”)

wo years from

pay any finde

ancing will be

under the F

o a statutory

d of Directors

mation conta

7-0142

mining.com

CES CLOSING

19 – Nicola M

has completed

sold an aggre

0,000. The Co

n share (eac h

). Each War r

m the date of i

er’s fees in co

e used for gen

Financing, a n

hold period e

act:

G OF THE FI

Mining Inc. (th

d the first tra

egate of 4,500,

ompany inten

h, a “Share”)

rant is exerc i

issuance.

onnection with

neral working

nd the share s

expiring on D

IRST TRANC

he “Company

anche of its p r

,000 units (ea

nds on compl

and one-half

isable into o n

h the Financin

g capital.

s that ma y b

December 20, 2

CHE OF UNI

y”) announces

rivate placem

ach, a “Unit”)

leting additio

f of one shar e

ne Share at a

ng.

be issuable o

2019.

T FINANCIN

s that, further

ment financin

, at a price of

onal tranches

e purchase wa

price of $0. 1

on exercise o

NG

r to its

g (the

f $0.10

of the

arrant

15 per

of the