Dear Shareholders: An Important Update from Nicola Mining
Vancouver, British Columbia–(Newsfile Corp. – December 18, 2024) – Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF)
Dear Shareholders and Investors,
Nicola Mining Inc. (the “Company” or “Nicola”) is pleased to provide its “Year in Review: 2024”, with the hope that it provides additional clarity on several key milestones that were achieved and insight into what looks to be an exciting 2025. Corporately, the year began with the Company announcing that solid operational cash flow in 2023, would allow it to prepay an aggregate of $1,165,275 in Principal Prepayment Amount leaving a balance of an aggregate of $4,131,431 in Debentures.
As we reflect on the past year, we are proud of the progress made and the growth that Nicola Mining has experienced. Our team has worked tirelessly to achieve our goals and exceed expectations. From improving operational efficiency to increasing revenue streams, we have made significant strides in positioning the company for continued success.
In 2024, we focused on strategic partnerships and expanding our exploration efforts. This has led to the discovery of new mineral deposits and the potential for increased production in the coming years. Our commitment to sustainable mining practices and community engagement has also been a key priority for us, as we strive to be a responsible corporate citizen.
Looking ahead to 2025, we are excited about the opportunities that lie ahead. With a solid financial foundation and a clear vision for the future, we are confident in our ability to achieve our growth objectives and create long-term value for our shareholders. We thank you for your continued support and look forward to sharing more exciting updates with you in the coming months.
How will this update affect me?
As a shareholder or investor in Nicola Mining Inc., this update provides you with valuable information about the company’s performance and future prospects. It gives you insight into the achievements of the past year and the strategic direction that the company is taking. This update can help you make informed decisions about your investment in Nicola Mining and evaluate the potential for future growth and returns.
How will this update affect the world?
Nicola Mining’s efforts towards sustainable mining practices and community engagement have a positive impact on the world. By prioritizing environmental responsibility and social accountability, the company is setting a standard for ethical corporate behavior in the mining industry. The discoveries of new mineral deposits also have the potential to contribute to global supply chains and economic development. Overall, Nicola Mining’s initiatives are not only beneficial for shareholders but also for the broader community and the world at large.
Conclusion
In conclusion, the “Year in Review: 2024” update from Nicola Mining Inc. highlights the company’s achievements, growth, and future plans. As we look towards 2025, we are excited about the opportunities ahead and remain committed to delivering value for our shareholders and stakeholders. We appreciate your continued support and trust in Nicola Mining and are confident in our ability to drive sustainable growth and success in the years to come.
