Noka Resources Announces Non-Brokered Private Placement Financing

Noka Resources Inc. (TSX VENTURE:NX)(FRANKFURT:2NK) (the "Company") announces
that it has arranged a non-brokered private placement (the "Private Placement")
of up to 14,000,000 units (the "Units") at a price of $0.05 per Unit to raise
gross proceeds of up to $700,000. 


Each Unit will consist of one common share of the Company and one transferable
share purchase warrant (a "Warrant"). Each Warrant shall be exercisable to
acquire one additional common share of the Company (a "Warrant Share") for a
period of two years at a price of $0.10 per Warrant Share. The Company may pay a
finder's fee on a portion or all of the Private Placement.


The Company intends to use the proceeds from the Private Placement to conduct
further exploration on its Athabasca Basin Uranium properties and for general
working capital.


The Private Placement is subject to acceptance by the TSX Venture Exchange. All
the securities issued under the Private Placement are subject to resale
restrictions under applicable securities legislation.


About Noka Resources Inc.:

Noka Resources Inc. is a junior exploration company with a focus on uranium in
the prolific Athabasca Basin of Northern Saskatchewan. Noka's exploration
strategy is focused in relatively underexplored areas of the Athabasca Basin
Region, targeting favourable geology and structure amenable to near surface,
unconformity-style uranium mineralization.


With a total prospective land position of 493,236 hectares, Noka holds one of
the largest geologically prospective land packages in the region through a 100%
interest in the Clearwater (which includes the Carpenter Lake) and Athabasca
North group of properties, an option to earn 100% interest in the Lodge Pole
Point Project, as well as a 25% interest in the Western Athabasca Syndicate
group of properties.


ON BEHALF OF THE BOARD OF DIRECTORS

Nav Dhaliwal, President and CEO

Neither 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. 


This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may differ
materially from those in the forward-looking statements. The Company undertakes
no obligation to update these forward-looking statements if management's
beliefs, estimates or opinions, or other factors, should change. Factors that
could cause actual results to differ materially from those in forward-looking
statements, include market prices, exploration and development successes,
continued availability of capital and financing, and general economic, market or
business conditions. Please see the public filings of the Company at
www.sedar.com for further information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Noka Resources Inc.
Nav Dhaliwal
President and CEO
(604) 678-5308
nav@nokaresources.com
www.nokaresources.com

Noka Resources Inc. (TSXV:NX)
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から 6 2024 まで 7 2024