News Release
$750,000 PRIVATE PLACEMENT REPRICED
July 31, 2008 - New Nadina Explorations Limited (the "Company") announces that in reference to the news release of July 14, 2008 pertaining to raising up to $750,000 in Flow Through financing, the issue price has been amended to 22 cents per share from 23 cents.
One drill will delineate the newly discovered Bling kimberlite and test an adjacent VTEM airborne anomaly. A kimberlite sample in excess of two tonnes will be obtained from Bling for microdiamond recovery. The second drill will delineate and sample the Genie kimberlite (discovered in 2007) then test several new VTEM airborne targets.
The program will be completed by mid September.
The placement is subject to all necessary regulatory approvals.
Contact Larry Widmer at (250) 878-5099 or Ellen Clements at (800) 856-3966.
ON BEHALF OF THE BOARD
"Signed"
Ellen Clements, President and Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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.