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Nicola Mining Announces Plans to Uplist on NASDAQ and Filing of Short Form Base Shelf Prospectus
Vancouver, British Columbia--(Newsfile Corp. - October 27, 2025) - Nicola Mining Inc.   (TS...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Announces Plans to Uplist on NASDAQ and Filing of Short Form Base Shelf ProspectusVancouver, British Columbia--(Newsfile Corp. - October 27, 2025) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the \"Company\" or \"Nicola\") is pleased to announce that it has filed a listing application with The Nasdaq Capital Market (the \"Nasdaq\") in connection with a planned uplisting of its common shares in the United States. In connection with the proposed uplisting, the Company has applied to list its common shares under the symbol \"NICM.\"On October 7, 2025, the Company filed a Preliminary Short Form Base Shelf Prospectus (the \"Preliminary Shelf Prospectus\") with securities regulatory authorities in Ontario, Alberta and British Columbia (the \"Canadian Regulators\").The Company will be permitted to offer preferred shares, debt securities, warrants, subscription receipts, common shares and units, or any combination thereof (collectively, the \"Qualified Securities\"), for up to C$10,000,000, from time to time during the 25-month period after it receives a receipt from the Canadian Regulators for the Final Short Form Base Shelf Prospectus (the \"Final Shelf Prospectus\"); however, no amount or terms have been considered.The Qualified Securities may not be sold, nor may offers to buy be accepted, until a receipt for the Final Shelf Prospectus has been issued by the Canadian Regulators. The Preliminary Shelf Prospectus contains important information relating to Qualified Securities. Copies of the Preliminary Shelf Prospectus are available, respectively, under the Company's SEDAR+ profile at www.sedarplus.ca or may be obtained by request to the Company.In Canada, the use of a base shelf prospectus is customary practice as it allows companies to undergo the applicable Canadian regulatory review process before commencing any offering of securities. Importantly, any securities issued under a shelf prospectus supplement filed under a base shelf prospectus are not subject to a four-month mandatory hold period in Canada.This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities...