Nicola Mining Announces Completion of Flow Through Financing and Grant of Stock Options
TSX.V: N
NICO
VANCO
announc
described
the clos i
“Share”)
on a “flow
The Co m
subscript
Insiders
which co
61-101 P
to each
exemptio
market a
exemptio
considera
market c
The sec u
April 23,
The aggr
on the fo
C
P
So
R
su
NIM
OLA MININ
OUVER, B. C
e that it has
d in its new
ng of the F
) at a price o
w-through”
mpany paid
tions in the F
of the Co m
onstituted a
rotection of M
insider is e
on containe d
and from the
on containe
ation of the
apitalization
urities issue d
2019.
regate gross
ollowing key
Continued ex
o South
Promontory H
outh Embay
Reverse cir c
urrounding
G ANNOUN
AN
C. December
completed i
s releases o f
Financing, t h
of $0.20 per S
basis pursu
cash finde r
Financing.
mpany were
“related par
Minority Secu
exempt fro m
d in sectio n
e minority sh
d in sectio n
shares issue
n.
d under th e
proceeds fro
y targets:
xtension of th
hern extensio
Hill
yment Zone
cular drilli n
the historic
NCES COM
ND GRANT
27, 2017 –
its non-brok
f December
he Compa n
Share for gr
uant to the In
’ s f e e s o f $1
issued an
rty transacti
urity Holders
m the valu a
n 5.5(b) as t h
hareholder a
n 5.7(a) of
ed to the re
e Financin g
om the sale
he Embaym
on of the Em
ng on the
pit, which h
MPLETION O
OF STOCK
Nicola Mi n
kered private
8, 2017 and
ny sold an a
ross proceed
ncome Tax Ac
135,800 to s e
aggregate o
ion” within
s in S pecial T
ation requi r
he Compan y
approval req
MI 61-101
lated parties
are sub ject
of the Finan
ment Zone ska
mbayment Zo
approxima
had a cut off
OF FLOW T
K OPTIONS
ning Inc. (th e
e placement
December 1
aggregate o
ds of $2,052, 5
ct (Canada).
even finder s
of 187,500 S
the meanin
Transactions
rement of M
ny’s shares a
quirements o
in that th e
s did not e x
to a statut o
ncing will be
arn minerali
one
ate 80-90 m
grade of 0.7
THROUGH
e “ Compan
t (the “Finan
15, 2017. I n
of 10,262,50 0
500. The S h
s in connec t
Shares und e
ng of Multil a
(“MI 61-10 1
MI 61-101 b
are not list e
of MI 61-101
e fair mar k
xceed 25% o
ory hold pe
e used for fu
ization:
million to n
7% Cu.
FINANCIN
y”) is pleas
ncing”) as fu
n connection
0 shares (e a
hares were is
tion with c e
er the Fina n
ateral Instru
1”). The iss u
by virtue o
ed on a spe c
1 by virtue o
ket value o
of the Comp
riod expiri n
rther explor
nne waste
NG
ed to
urther
with
ach, a
ssued
ertain
ncing,
ument
uance
of the
cified
of the
of the
any’s
ng on
ration
piles
The Company’s wholly-owned New Craigmont Property, which covers an area of 10,084
hectares along the southern end of the Guichon Ba tholith, is adjacent to Teck Resources Ltd.’s
Highland Valley Copper, Canada’s largest copper mine.
The Company also announces that it has grante d an aggregate of 2,650,000 stock options to
directors, officers and consultants of the Company for the purchase of up to 2,650,000 common
shares of the company pursuant to its Stock Option Plan. Each option is exercisable for a period
of 5 years at a price of $0.165 per common share.
On behalf of the Board of Directors
“Peter Espig”
Peter Espig
CEO & Director
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.