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Nicola Mining Inc HUSIF


Primary Symbol: V.NIM

Nicola Mining Inc. is a Canada-based junior mining company. The Company maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of approximately 10,913 hectares (ha) along the southern end of the Guichon Creek Batholith and is adjacent to Teck Resources Ltd.'s Highland Valley Copper. The Company also owns 100% of the Treasure Mountain Property, which comprises approximately 51 mineral tenures, 21 legacy claims: 100 cell units, and five crown grants for a total of approximately 2,850 ha. The Company’s Merritt Mill Property is host to an active run gravel pit, which is located on District Lot 4234. Situated in the heart of the Thompson-Okanagan mining district, the Merritt mill and tailings site consists of approximately 980 acres of fee simple land. The Company also maintains a 75% economic interest in the Dominion Creek Property.


TSXV:NIM - Post by User

Post by pogohereon Nov 17, 2023 1:57pm
222 Views
Post# 35741559

NIM: 1 new for 2 old consolidation eff 11-17-23

NIM: 1 new for 2 old consolidation eff 11-17-23

NICOLA MINING INC. ("NIM")
BULLETIN TYPE: Consolidation
BULLETIN DATE: November 15, 2023
TSX Venture Tier 2 Company

Pursuant to a resolution passed by the Company's directors on October 21, 2023, the Company has consolidated its capital on a two (2) old for one (1) new basis. The name of the Company has not been changed.

Effective at the opening November 17, 2023, the common shares of Nicola Mining Inc. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'Mining (Non-Oil & Gas) Exploration/ Development' company.

Post - Consolidation

   

Capitalization:                         

Unlimited   

shares with no par value of which

 

160,318,549

shares are issued and outstanding

Escrow                                            

Nil   

shares are subject to escrow

Transfer Agent:                         

Computershare Trust Company of Canada

Trading Symbol:                       

NIM                  (UNCHANGED)

CUSIP Number:                         

65405R203        (new)
 

https://www.newswire.ca/news-releases/tsx-venture-exchange-stock-maintenance-bulletins-889134283.html
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