NICOLA MINING INC. ("NIM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 1, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 4,242,960 shares to settle outstanding debt for $700,088.20.
Number of Creditors: 14 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Concept Capital Management Y $585,000 $0.165 3,545,455
Peter Espig Y $5,500 $0.165 33,333
The Company shall issue a news release when the shares are issued and the debt extinguished.
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