VANCOUVER, B.C., / TheNewswire / April 28, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has recently added an additional mineral tenure, approximately 1280 hectares, to its Thule mineral claim package. Referred to as the Montwest claim, it is situated to the west of the southern extension of the north-south trending Lornex Fault. The claim is situated within the Lower Cretaceous [...]
VANCOUVER, B.C. / TheNewswire / April 18, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has received an amendment to its M-68 Mine Permit. The amendment allows the Company to enter into third part custom milling contracts and enables it to mill up to 200 tonnes per day at its wholly-owned Craigmont Mine site, located 10 kilometers from Merritt, British Columbia. The Company's mill is [...]
VANCOUVER, B.C. / TheNewswire / March 30, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has entered into the Lower Nicola Joint Venture Agreement (the "Agreement") with 1050214 B.C. Ltd. (the "JV Partner"). Under the Agreement, the Company and the JV Partner will participate in the continued operation and expansion of the Company's gravel business, which is located on District Lot [...]
VANCOUVER, B.C. / TheNewswire / March 23, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that, on March 22, 2016, it 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 [...]
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 [...]