News Release
NEW NADINA TO RAISE $250,000
April 30, 2008: New Nadina Explorations Limited (the "Company") is undertaking a non-brokered private placement to raise up to $250,000 by the issuance of 1.25 million units at a price of $0.20 per unit. Each unit will consist of one common share and one share purchase warrant. One warrant will entitle the holder to purchase one additional share of the Company for up to 24 months after closing of the placement. The warrant exercise price will be 25 cents during the first 12 months and 30 cents thereafter.
There are no finders� fees associated with the private placement. The share price at the close of trading on April 29, 2008 was 19 cents.
Proceeds from the placement will be used for continued exploration on the Company�s Monument Diamond project at Lac de Gras NT and general corporate funds.
Contact Larry Widmer at (250) 878-5099 or Ellen Clements at (800) 856-3966.
ON BEHALF OF THE BOARD
New Nadina is a silver and gold exploration company based in Canada.
New Nadina holds various exploration projects in Canada.
Its main exploration properties are MONUMENT DIAMOND, NAKET and SILVER QUEEN in Canada.