Nicola Mining Announces Flow-Through Unit Private Placement
NOT
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14, 2020 – N
te placemen
f $0.13 per
cipate in the
mmon share
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warrant, a “W
arrant Share
of two years
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ion with th e
day after cl o
Exchange. A
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ty sharehold
rom the sal e
wholly-own
outhern end
y Copper, C
onnection wi
amended, a
n or an appli
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ED STATES
IN THE UN
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Nicola Min i
nt consisting
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e Offering.
e of the Co m
ach, a “ Shar
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e”) (on a n o
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with the Of
).
e Offering w
osing of the
Any partici p
der Multila
ons (“MI 61-
der approval
e of the Off e
ed New Cr a
of the Gui c
Canada’s larg
ith the Offe r
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cable exemp
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y jurisdictio
S NEWSWIR
NITED STA
UGH UNIT P
ing Inc. (th e
g of the issu a
gross proce e
mpany issue
re”) and o n
with each W
on-flow-throu
he closing of
ffering in acc
will be sub jec
Offering. C
pation b y i n
ateral Instr u
-101”) but is
l requiremen
ering are ex p
aigmont Pro
chon Batho l
gest copper m
ring will be
securities m
ption from th
or the solici t
n in which s
RE SERVIC
ATES
PRIVATE P
e “ Company
ance of up t
eds of up
ed on a “flo w
ne-half of o n
arrant entitl
ugh basis) a
f the Offerin
cordance wi
ct to a stat u
Completion o
nsiders in t
ument 61-1 0
expected to
nts of MI 61-
pected to b e
operty, whic
lith and is
mine.
registered u
may be offe r
he registrati
tation of an
such offer, so
CES OR FOR
PLACEMEN
y”) is pleas
to 4,615,384
to $600,00 0
w-through”
ne common s
ling the hold
at a price of
ng.
ith the polici
utory hold p
of the Offer i
the Offerin g
01 - Protecti
o be exempt
-101.
e used for f u
ch covers a n
adjacent to
under the U
red or sold i
on requirem
offer to bu y
olicitation o
R
NT
ed to
units
0 (the
basis
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der to
$0.17
ies of
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ing is
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ion o f
from
urther
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United
in the
ments.
y nor
r sale
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.
Cautionary Statement Regarding Forward-Looking Statements
This news release includes certain “forward-looking stat ements” under applicable Canadian securities legislation
that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could
cause actual results, performance, prospects, and opport unities to differ materially from those expressed or implied
by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to,
statements with respect to the expectations of manageme nt regarding the proposed Offering, the expectations of
management regarding the use of proceeds of the Offering, closing conditions for the Offering, the expiry of hold
periods for securities distributed pursuant to the Offe ring, and Exchange approval of the proposed Offering.
Although the Company believes that the expectations reflected in the fo rward-looking information are reasonable,
there can be no assurance that such expectations will prove to be correct. Such forwar d-looking statements are
subject to risks and uncertainties that may cause actual r esults, performance or developments to differ materially
from those contained in the statemen ts including that: the Company may no t complete the Offering on terms
favorable to the Company or at all; the Exchange may not approve the Offering; the proceeds of the Offering may not
be used as stated in this news release; the funds raised fr om the sale of the Units may not be renounced in favour of
the Shareholders; the Company may be unable to satisfy all of the conditions to the Cl osing; and those additional
risks set out in the Company’s public documents file d on SEDAR at www.sedar. com. Although the Company
believes that the assumptions and factors used in prepar ing the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as of the date of this news release, and no
assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by
law, the Company disclaims any intention or obligation to update or revise an y forward-looking statement, whether
as a result of new information, future events, or otherwise.