Nicola Mining Announces Increase to Flow-Through Private Placement and Clarifies Finder’S Fees Paid IN Non-Brokered Financing
NOT
TSX.V: N
NI
PLACEM
VANCO
announc
private p
disclosed
Unit for
the nu m
$0.125 pe
Offering
Finders’
the TSX V
All secur
expiring
subject t
constitut
Minority
the forma
The aggr
on the C
hectares
Ltd.’s Hi
None of
States Se
United S
This ne w
shall ther
would be
The Co m
Decembe
of 157,50
T FOR DIST
NIM
ICOLA MIN
MENT AND
OUVER, BC ,
e that, furt h
placement f i
d that it wou
gross procee
ber of Unit s
er Unit for g
will remain
fees may be
Venture Exc
rities issued
four month
o the appr o
te a relate d
Security Hol
al valuation
regate gross
Company’s w
along the s
ighland Vall
the securitie
ecurities Act
tates absent
ws release s h
re be any sal
e unlawful.
mpany also
er 12, 2018, t
00 share pu r
TRIBUTION
DISSEM
NING ANNO
D CLARIFIE
, December
her to its N e
inancing b e
uld issue up
eds of up to
s t o b e i s s ue
gross procee
n the same. In
e payable in
hange (the “
in connecti
hs and one d
oval of the
d part y tra n
lders in Speci
and minorit
proceeds fr
wholly-own
southern en d
ey Copper, C
es sold in c o
of 1933, as
registration
hall not con s
le of the secu
announces
the Company
rchase warra
N TO UNIT
MINATION
OUNCES IN
ES FINDER’
19, 2018 – N
ews Release
ecause of st r
to 6,000,000
$750,000. T
ed, such th a
eds of up to
nsiders may
connection
“Exchange”)
ion with th e
day after cl o
Exchange. A
nsaction un d
al Transactio
ty sharehold
rom the sale
ned New C r
d of the G u
Canada’s lar
onnection wi
amended, a
n or an appli
stitute an o f
urities in any
that, furthe r
y paid total
ants to 2 fin d
ED STATES
IN THE UN
NCREASE T
S FEES PAI
Nicola Min i
of Decembe
rong invest o
0 units (each,
The Compan
at it ma y is s
$1,255,000 (
y participate
with the Of
).
e Offering w
osing of the
Any partici p
der Multila
ons (“MI 61-
der approval
of the Offe r
raigmont Pr o
uichon Bath o
rgest copper
ith the Offe r
and no such
cable exemp
ffer to sell o
y jurisdictio
r to its Ne w
cash finders
ders in con n
S NEWSWIR
NITED STA
TO FLOW-T
ID IN NON-
ing Inc. (th e
er 5, 2018, i
or demand.
, a “Unit”) o
ny today ann
sue up to 1 0
(the “Offeri
in the Offer
ffering in acc
will be sub jec
Offering. C
pation b y i n
ateral Instr u
-101”) but is
l requiremen
ring will be
operty, wh i
olith and is
r mine.
ring will be
securities m
ption from th
or the solici t
n in which s
ws Releases
s fees of $15,
nection with
RE SERVIC
ATES
THROUGH
-BROKERE
e “ Company
t is increasi n
. The Co m
of the Comp
nounces tha
0,040,000 U n
ing”). All o
ring.
cordance wi
ct to a stat u
Completion o
nsiders in t
ument 61-1 0
expected to
nts of MI 61-
used for fu r
ich covers a
adjacent t o
registered u
may be offe r
he registrati
tation of an
such offer, so
of Novem b
,750 and issu
h certain su b
CES OR FOR
PRIVATE
ED FINANC
y”) is pleas
ng the size
mpany previ o
pany at $0.12
at it has incr e
nits at a pr i
ther terms o
ith the polici
utory hold p
of the Offer i
the Offerin g
01 - Protecti
o be exempt
-101.
rther explor
an area of 1
o Teck Reso
under the U
red or sold i
on requirem
offer to bu y
olicitation o
ber 27, 201 8
ued an aggr
bscriptions i
R
CING
ed to
of its
ously
25 per
eased
ice of
of the
ies of
eriod
ing is
g will
ion o f
from
ration
10,084
urces
United
in the
ments.
y nor
r sale
8 and
egate
in the
first and second tranche closings of the non- brokered private placem ent of an aggregate of
$925,000.
On behalf of the Board of Directors
“Peter Espig”
Peter Espig
CEO & Director
For additional information contact:
Peter Espig
Telephone: (604) 647-0142
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 Unit holders; the Company may be unable to satisfy a ll of the conditions to the Closing; 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.