GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA), subject to the approval of the TSX Venture Exchange, has arranged a non-brokered private placement, consisting of up to 10,000,000 Flow-Through units at a price of $0.10 and 2,000,000 non-Flow Through units at a price of $0.10.
The Flow-Through units consists of one common share and a half warrant where one warrant can purchase one non flow-through share for up to two years at $0.15. The non Flow-Through unit consists of one common share and one warrant that entitles the holder to purchase one common share at $0.10 in year one and at $0.15 per share in the second year.
Proceeds from the placement will be used for 2010 exploration program on the Company’s 100% owned Silver Queen Property and for general corporate funds. Allowable Finders’ Fees may be payable in compliance with the guidelines of the TSX Venture Exchange policies.
ON BEHALF OF THE BOARD
“Signed”
Ellen Clements,
President and Chief Executive Officer
For further information please visit the website at www.nadina.com or contact
Ellen Clements: 1 (800) 856-3966, 1 250 444 1005
“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.”
ITSIT PORPHYRYITSIT PORPHYRY 248m of 0.435% and 258m of 0.384% Copper Equivalent including 11m of 0.678% December 21, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports discovery drill hole assays on the copper-molybdenum-gold porphyry Itsit deposit (Titan Target B) at the 100% owned Silver Queen property, south ... READMORE |
PARTIAL ASSAYS – SILVER QUEENDecember 16, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports partial results from the 2011 drilling. Results from Target A and selected high grade sample from hole 11S-13 are provided. There has been a delay in the compilation of the 2011 recent drill core assay ... READMORE |
DRILLING CONFIRMS PORPHYRY AT SILVER QUEENDecember 8, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) expects to release the 2011 recent discovery drill core assay results during the week of Dec 12, 2011. The half century search has revealed the potential for a significant size copper, molybdenum, gold porphyry deposit (Target Titan ... READMORE |
Visible Moly in New Discovery at Silver QueenOctober 19, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) announces the 2011 drilling at the Silver Queen property south of Houston BC has been completed. Drilling has encountered significant intersections of porphyry-style mineralization with visible chalcopyrite and molybdenite. Core logging and geotechnical processing, along with core sa... READMORE |
New Nadina drilling update at Silver QueenSeptember 21, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) announces two drills are testing Titan A and B targets at the Silver Queen property. Significant stockwork and porphyry-style mineralization of unknown grade was encountered in two holes (11S-01, 11S-03) on the first setup testing the eastern side ... READMORE |
New Nadina Finds Porphyry Target at Silver QueenJuly 21, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces they have completed an aeromagnetic and ZTEM airborne geophysical survey and a follow up Titan 24 ground survey over its mineral claim group at the Silver Queen project, south of Houston BC. A preliminary interpretation ... READMORE |