Nicola Mining Closes Flow-Through Financing
NOT
TSX.V: N
VANCOU
announce
private p
common
Offering
to the Inc
The Com
All secur
April 19,
An inside
transactio
Transactio
MI 61-101
listed on
by virtue
25% of th
The aggr
the Com p
along the
Valley Co
None of
Securities
States abs
release sh
sale of the
T FOR DIST
NIM
NICO
UVER, BC ,
e that, furthe
placement fi n
shares (each
was oversub
come Tax Act
mpany paid ca
ities issued i
2020.
er of the Com
on under M u
ons (“MI 61-1
1 by the virtu
a specified m
e of the exe m
he Company’
egate gross p
pany’s whol
e southern e n
opper, Canad
the securitie
s Act of 193 3
sent registrat
hall not const
e securities in
TRIBUTION
DISSEM
OLA MININ
December
er to its Ne w
nancing (the
h, a “Share”)
bscribed by $
(Canada).
ash finder’s f
in connection
mpany acquir
ultilateral I n
101”). The i s
ue of the exem
market and f
mption contai
s market cap
proceeds fro
ly-owned N
nd of the G u
da’s largest c
es sold in co n
3, as amen d
tion or an a p
titute an offe
n any jurisdi
N TO UNIT
MINATION
NG CLOSES
19, 2019 – N
ws Release of
“Offering”)
, at a price o
$2,000. Each
fees of $24,29
n with the O
red 50,000 Sh
nstrument 61
ssuance to th
mption conta
from the min
ined in Sect i
pitalization.
om the sale o
ew Crai gmo
uichon Bathol
opper mine.
nnection wit
ed, and no
pplicable exe
er to sell or t h
iction in whic
ED STATES
IN THE UN
S FLOW-TH
Nicola Min i
December 13
) pursuant t o
of $0.10 per S
Share was is
90.
Offering are s
hares in the O
-101 - Protec
he insider is e
ained in secti
nority shareh
ion 5.7(1)(a)
of the Offeri n
ont Propert y,
lith and is a d
th the Offeri n
such securit i
emption from
he solicitatio
ch such offer
S NEWSWIR
NITED STA
HROUGH F
ing Inc. (th e
3, 2019, that
o which it s o
Share, for gro
ssued on a “
subject to a s
Offering whi
ction of Min o
exempt from
ion 5.5(b) as
holder approv
as the valu e
ng will be u s
, which cov e
djacent to T e
ng are re gist
ies ma y be o
m the registra
on of an offer
r, solicitation
RE SERVIC
ATES
FINANCING
e “ Company
it has closed
old an a ggre
oss proceeds
“flow-throug
statutory hol
ich constitut
ority Security
m the valuatio
the Compan
val requirem
e of the Shar e
sed for furt h
ers an area o
eck Resource
tered under
offered or s o
ation require
r to buy nor
n or sale woul
CES OR FOR
G
y”) is pleas e
d its flow-thr
egate of 3,5 2
s of $352,000 .
h” basis pur
d period ex p
ed a related
Holders in S
on requireme
ny’s shares ar
ments of MI 6
es did not e x
her exploratio
of 10,084 he c
es Ltd.’s High
the United S
old in the U
ements. This
shall there b
ld be unlawf
R
ed to
rough
20,000
. The
rsuant
piring
party
Special
ent of
re not
61-101
xceed
on on
ctares
hland
States
United
news
be any
ful.
The Company has received a 30-day extension from the TSX Venture Exchange to close its
convertible debenture financing announced on November 13, 2019.
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.