NICOLA MINING INC. ("NIM")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures- Amendment
BULLETIN DATE: April 25, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to amending a Non-Brokered Private Placement announced May 19, 2015:
Convertible Debenture $250,000
Current Conversion Price: Convertible into shares at $0.275 per share
Amended Conversion Price: Convertible into shares at $0.22 per share
Current Maturity Date: May 20, 2018
Amended Maturity Date: May 20, 2020
Current Warrant Price: Each warrant is exercisable at $0.50 until May 20, 2019
Amended Warrant Price: Each warrant is exercisable at $0.275 until May 20, 2019, subject to an acceleration clause.
Interest rate: 10% per annum.
Number of Placees: 7 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P Debenture Value
Peter Espig Y $20,000
The Company issued a news release on April 23, 2018 announcing the amendments.
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