Nicola Mining Secures $1 Million Strategic Investment for NASDAQ Uplisting Preparation

Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has announced an additional $1 million strategic non-brokered private investment from Ocean Partners UK Limited, which the company said will strengthen its balance sheet as it prepares for a planned NASDAQ uplisting in the first quarter of 2026. This investment represents a significant vote of confidence from an established industry player as Nicola Mining positions itself for broader market exposure and enhanced liquidity on a major U.S. exchange. The timing of this capital infusion is particularly important as the company prepares for the rigorous regulatory and financial requirements associated with uplisting to a senior exchange like NASDAQ.

Under the offering, Ocean Partners has agreed to purchase up to 1,111,112 units at $0.90 per unit for gross proceeds of up to $1 million, with each unit consisting of one common share and one transferable warrant exercisable at $1.10 per share for three years, subject to customary conditions and TSX Venture Exchange approval. The warrant structure provides Ocean Partners with additional upside potential while giving Nicola Mining access to potential future capital if the warrants are exercised. This financing arrangement demonstrates strategic alignment between the investor and the company's growth objectives, particularly as Nicola Mining advances its mining projects and prepares for the NASDAQ listing process.

The company's assets include a 100% owned mill and tailings facility near Merritt, British Columbia, which is fully permitted to process both gold and silver mill feed via gravity and flotation processes. Nicola Mining also owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith and adjacent to Highland Valley Copper, Canada's largest copper mine. Additionally, the company owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares. These assets provide the foundation for the company's growth strategy and make the NASDAQ uplisting particularly significant for accessing the capital needed to develop these resources.

The strategic investment comes at a crucial time for the junior mining sector, where access to capital can determine a company's ability to advance projects through development stages. For investors seeking more information, the latest news and updates relating to HUSIF are available in the company's newsroom at https://ibn.fm/HUSIF. The planned NASDAQ uplisting in 2026 represents a major milestone that could increase the company's visibility among institutional investors and provide greater trading liquidity, potentially enhancing shareholder value over the long term as Nicola Mining continues to develop its mining properties and profit share agreements.