Nicola Mining Inc. (TSXV:NIM) announces a share repurchase program. Under the normal course issuer bid, the company will repurchase up to 4,000,000 shares, representing 1.27% of its issued and outstanding share capital. All Shares purchased by the Company under the NCIB will be returned to treasury and cancelled.

The bid will expire on August 15, 2023. As of March 10, 2023, the company had 314,152,672 shares issued and outstanding.