News Release

New Nadina closes $530,000 Tranche 2 

May 12, 2011:  GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations Limited
(TSX VENTURE: NNA) has closed the second Tranche of the financing announced
March 23, 2011 and amended April 21, 2011.  Flow Through eligible proceeds
of $330,000 have been received for 3,300,000 shares issued.  Non-flow
Through units proceeds of $200,000 have been received for 2,000,000 shares
and 2,000,000 warrants issued.  Shares under this issuance cannot be traded
before September 13, 2011.

The program on the Silver Queen property located south of Houston in Central
BC has commenced
with 700 line kilometers of airborne ZTEM geophysics (Z-Axis Tipper
Electromagnetic).  The key feature of this method is the modern digital
electronics and signal processing deliver exceptionally low-noise levels and
in some regions are reported to have depth of 1500 meters.  Masking by
overburden has previously been problematic on this property.  Ground Induced
Polarization will follow in conjunctions with line cutting, prospecting,
alteration mapping, soil sampling, 3D GIS model data compilation.  Drilling
is scheduled to start September 2, 2011.


ON BEHALF OF THE BOARD
"Signed"
Ellen Clements,
President and Chief Executive Officer
Contact Ellen Clements: 250 444 1005

"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."

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