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Nomad Announces Private Placement

Press Release

Nomad Ventures Inc. (TSX-V: NMD) is pleased to announce the offering a non-brokered private placement of up to 5,000,000 units at a price of $0.05 per unit to raise proceeds of up to $250,000.

Each unit consists of one common share in the capital of the Company and one share purchase warrant entitling the holder to acquire one additional common share of the Company, exercisable for a period of five years following the closing date of the private placement. The exercise price of each of the share purchase warrants will be $0.05 during the five year term of the warrants.

The Company shall rely on the accredited investor exemption (British Columbia, Alberta and Ontario) and the friends and relatives exemption (British Columbia) in accordance with National Instrument 45-106 – Prospectus and Registration Exemptions.

The Company will pay a finder’s fee in connection with the private placement of 10 percent cash, plus 10 percent finders’ warrants, where permitted by the TSX Venture Exchange. The finders’ warrants will be on the same terms as those issued under the private placement.

The gross proceeds of the offering will be used in part for general working capital and exploration expenditures on the Company’s St. Vincent Bay Aggregate Property.


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