Noka Closes $600,000 Financing
June 18, 2013 – Vancouver, British Columbia – Noka Resources Inc. (the “Company”) (TSX-V:NX) is pleased to announce that further to the Company’s news release dated May 16, 2013, the Company has closed the Non-Brokered Private Placement financing for gross proceeds of $600,000. The Company has allotted and issued 6,000,000 Units (the “Units”) at a price of $0.10 per Unit.Each Unit consists of one common share in the capital of the Company and one share purchase warrant (the “Warrant”). Each Warrant is exercisable by the holder to acquire one additional common share of the Company for a period of two years from issuance at an exercise price of $0.20 per share.
In addition, the Company has paid a finder’s fee of an aggregate $33,500 and 335,000 Finder’s Warrants (the “Finder’s Warrants”) to registered dealers. Each Finder’s Warrant is exercisable by the holder to acquire one additional common share of the Company for a period of two years from issuance at an exercise price of $0.20 per share.
All securities issued under the offering are subject to a four-month statutory hold period that expires on October 19, 2013.
For further information, please contact Nav Dhaliwal, President, at: Telephone: (604) 678-5308 E-mail: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX VentureExchange) accepts responsibility for the adequacy or accuracy of this release.