Nicola Mining Announces Closing Of Debt Settlement

TSX.V: NIM

VANCOUVER, BC, June 1, 2021 – Nicola Mining Inc. (the “Company”) today announces that, further to its News Release of May 18, 2021, it has received approval from the TSX Venture Exchange for the issuance of 143,750 common shares (each, a “Share”) in settlement of $23,000 interest owing on convertible debentures (the “Debt Settlement”), which Shares were issued on June 1, 2021. The Shares are subject to a statutory hold period expiring on the date that is four months and one day after the closing of the Debt Settlement.

On behalf of the Board of Directors

“Peter Espig” 
Peter Espig
CEO & Director

For additional information

contact: Peter Espig
Telephone: (604) 647-0142
Email: peter@nicolamining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.