Nicola Mining Announces Closing of the Second Tranche of Unit Financing

TSX.V: NI

NEWS RE

NICOLA

VANCOU

its News

placemen

“Unit”), a

proceeds

intends on

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

A MINING A

UVER, B.C., S

Release of J u

nt financing (t

at a price o f

of $525,000 fr

n completing

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

ANNOUNCES

September 6, 2

une 28, 2019 a

the “Financin

$0.10 per U

rom the closin

additional tr

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

S CLOSING

2019 – Nicola

and August 1

ng”) pursuan

Unit, for gros

ng of the first

anches of the

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:

OF THE SEC

a Mining Inc.

19, 2019, it h a

nt to which i t

ss proceeds o

and the seco

e Financing.

h, a “Share”)

rant is exerc i

issuance.

onnection with

neral working

nd the share s

expiring on Ja

COND TRAN

(the “Compa

as completed

t so ld an agg

of $75,000. T

ond tranches o

and one-half

isable into o n

h the Financin

g capital.

s that ma y b

anuary 4, 2020

NCHE OF UN

any”) announ

a second tr a

gregate of 75 0

The Compa n

of the Financi

f of one shar e

ne Share at a

ng.

be issuable o

0.

NIT FINANC

nces that, furth

anche of its p

0,000 units (e a

ny has raise d

ing. The Com

e purchase wa

price of $0. 1

on exercise o

CING

her to

rivate

ach, a

d total

mpany

arrant

15 per

of the