News Release

FINANCING UPDATE

April 18, 2008: New Nadina Explorations Limited (the �Company�) provides update summary on the ongoing January 30, 2008 private placement.  A total of 1,544,400 common shares have been issued with net proceeds of $395,000 (TSX bulletins Mar. 5, 2008, April 11, 2008).

Of the proposed $600,000 flow through to issue up to two million shares at $0.30, to date $75,000 has been raised and 250,000 shares have been issued.  No warrants were attached to the flow through shares and no finders� fees were paid.

Of the proposed $500,000 non flow through to issue up to five million units at $0.25, a total of 1,294,400 common shares have been issued with warrants to purchase 647,200 common shares for net proceeds of $320,000.  Included in the above is a 6% finder fee of 14,400 units.  Terms of the warrants are outlined in the January 30, 2008 news release and expire two years from the share issue date subject to the original terms.  An amendment correction to the March 5, 2008 TSX bulletin increases the issue 1,280,000.

Hold expiry on the above shares is 4 months from the date of issuance:  The first tranche hold on 1,194,400 shares expires June 30, 2008 and the second tranche hold on 350,000 shares expires August 11, 2008.

Net proceeds of $395,000 to date are for continued exploration on Company�s Monument Diamond Property and for general corporate funds.

For further information, contact Larry Widmer at (250) 878 5099 or

Ellen Clements at 1 800 856 3966.

ON BEHALF OF THE BOARD

�Signed�

Ellen Clements,

Director, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news RELEASE.