Nicola Mining Inc. announced a non-brokered private placement that it will issue up to 1,492,537 flow-through common shares at a price of CAD 0.335 per FT share for the gross proceeds of up to CAD 500,000 on November 14, 2024. Insiders may participate in the Offering. Finder?s fees may be payable in connection with the Offering in accordance with the policies of the Exchange.

All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering. Completion of the Offering is subject to the approval of the Exchange.