VANCOUVER, B.C. / TheNewswire / March 22, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that it has completed a third tranche of its previously announced private placement financing (the "Financing") as further described in its news releases of November 19, 2015, November 24, 2015 and December 7, 2016. In connection with the closing of the third tranche, the Company sold an aggregate of 2,250,000 units [...]
VANCOUVER, B.C., / TheNewswire / March 11, 2016 - Nicola Mining Inc. (the "Company") TSX.V: NIM announces that it has extended the time for the closing of the private placement (the "Financing") it previously announced by New Releases dated November 19, 2015, November 24, 2015, December 7, 2015 and January 21, 2016 to on or before April 11, 2016. Closing remains subject to the TSX Venture Exchange approval. The Company [...]
VANCOUVER, B.C. / TheNewswire / March 3, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce the submission of a Notice of Work for the 2016 Thule Property drill program. Drilling will focus on at least 2 known historic zones, the Embayment Block and the WP trenches zones. Nicola plans a 1,000 to 1,500m NQ sized diamond drill program to commence this summer. The Embayment Block was last drill [...]
VANCOUVER, B.C. / TheNewswire / March 1, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it plans to recommence milling operations at its Merritt Mill property in April, 2016. Nicola's mill property is located on the historic Craigmont Mines site, located in south central British Columbia (10 kilometers west of Merritt, BC). Nicola's 200 tonne per day mill will undergo modifications that [...]
VANCOUVER, B.C. / TheNewswire / January 21, 2016 - Nicola Mining Inc. (the "Company") announces that it has extended the time for the closing of the private placement (the "Financing") it previously announced by New Release dated November 19, 2015, November 24, 2015 and December 7, 2015 to on or before February 19, 2016. Closing remains subject to the TSX Venture Exchange approval. On behalf of the Board of Directors [...]
VANCOUVER, B.C / TheNewswire / January 4, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that it has completed its previously announced flow-through financing, whereby the Company issued 3,750,000 flow-through common shares (each, a "Flow-Through Share") at a price of $0.08 per Flow-Through Share for gross proceeds of $300,000 (the "Offering"). In connection with the Offering, the Company paid cash [...]
VANCOUVER, B.C. / TheNewswire / December 22, 2015 - Nicola Mining Inc. (the "Company") is pleased to announce that it will be conducting a flow-through financing pursuant to which the Company will issue up to 3,125,000 flow-through common shares (each, a "Flow-Through Share") at a price of $0.08 per Flow-Through Share for gross proceeds of up to $250,000 (the "Offering"). In connection with the Offering, the Company will [...]
VANCOUVER, B.C. / TheNewswire / December 9, 2015 - Nicola Mining Inc. (the "Company") is pleased to announce that it has successfully fulfilled its obligations pursuant to the creditor protection proceedings under the Companies' Creditors Arrangement Act ("CCAA"). Further to the certificate filed in the Supreme Court of British Columbia by the Court appointed Monitor of the Company under the CCAA, the Company has [...]
VANCOUVER, B.C. / TheNewswire / December 7, 2015 - Nicola Mining Inc. (the "Company") is pleased to announce that it has completed a second tranche of its previously announced private placement financing (the "Financing") as described in its News Releases of November 19, 2015 and November 24, 2015, pursuant to which it sold an aggregate of 4,431,250 units (each, a "Unit"), at a price of $0.08 per Unit, for gross proceeds [...]
VANCOUVER, B.C. / TheNewswire / November 24, 2015 - Nicola Mining Inc. (the "Company") announces that, further to its News Release of November 19, 2015, it has completed the first tranche of its private placement financing (the "Financing") pursuant to which it sold an aggregate of 19,375,005 units (each, a "Unit"), at a price of $0.08 per Unit, for gross proceeds of $1,550,000.40. The Company intends on completing [...]
VANCOUVER, B.C. / TheNewswire / November 19, 2015 - Nicola Mining Inc. (the "Company") today announces that it has entered into an agreement with the former shareholders (collectively, the "CMJV Parties") of the Company's wholly-owned subsidiary, Huldra Properties Inc. ("Huldra Properties"), pursuant to which the CMJV Parties have agreed to transfer an aggregate of 499 common shares (the "Thule Shares") of the Company's [...]
VANCOUVER, B.C., / TheNewswire / November 2, 2015 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has entered into a third Mining and Milling Profit Share Agreement (the "Siwash Agreement") with Siwash Minerals Inc. ("Siwash" or the "Miner"). Under the Siwash Agreement the Miner plans to ship mill feed that that is already stockpiled, or will be extracted as part of its work permit, which [...]