Nicola Mining Announces Successful Accelerated Warrant Exercise
Nicola Mining Announces Successful
Accelerated Warrant Exercise
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2025) - Nicola Mining Inc.
(TSXV: NIM)
(FSE: HLIA) (OTCQB: HUSIF)
(the "
Company
" or "
Nicola
") is pleased to announce that all
shareholders holding share purchase warrants (collectively, the "
Warrants
") issued pursuant to
financings completed on February 25, 2025 (the "
Financings
") have exercised all the outstanding
Warrants. A total of 2,019,0477 Warrants were exercised at C$0.40 per common share for gross
proceeds of approximately $807,791.
The Company gave notice to the holders of the Warrants by press release on July 21, 2025 that an
acceleration event had occurred during the term of the Warrants and the expiry date of the Warrants was
thereby accelerated to thirty (30) days after the date of the notice, resulting in a new expiry date of
August 20, 2025.
None of the securities sold in connection with the Offering will be registered under the United
States Securities Act of 1933, as amended, and no such securities may be offered or sold in
the United States absent registration or an applicable exemption from the registration
requirements. This news release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful.
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that
maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed
Mining and Milling Profit Share Agreements with high grade gold projects. Nicola's fully-permitted mill
can process both gold and silver mill feed via gravity and flotation processes.
The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an
area of 10,800 hectares along the southern end of the Guichon Batholith and is adjacent to Highland
Valley Copper, Canada's largest copper mine. The Company also owns 100% of the Treasure Mountain
Property, which include 30 mineral claims and a mineral lease, spanning an area exceeding 2,200
hectares.
On behalf of the Board of Directors
"
Peter Espig
"
Peter Espig
CEO & Director
For additional information
Contact: Peter Espig
Phone: (778) 385-1213
Email:
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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