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Nubian Resources Ltd. 
Listed Company 

NUBIAN RESOURCES LTD. ("NBR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 6, 2020
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 28, 2020 and June 25, 2020:

Number of Shares: 11,763,542 shares

Purchase Price: $0.15 per share

Warrants: 5,881,776 share purchase warrants to purchase 5,881,776 shares

Warrant Exercise Price: $0.20 for a two year period

Number of Placees: 56 placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares
David Fynn Y 70,000
Markus Janser Y 100,000
Scott Jobin-Bevans Y 100,000
Charlotte May Y 70,000
Clariden Capital Ltd. (C. Smyth) Y 300,000
Cornerstone Advisors Pty Ltd. (C. Smyth) Y 173,200
Martin Walter Y 100,000
Lawrence Treadgold Y 88,000

Finder's Fee: An aggregate of $54,660 in cash and 364,400 finder's warrants payable to Canaccord Genuity Corp., Haywood Securities Inc., Leede Jones Gable Inc., PI Financial Corp., PowerOne Capital Markets Limited, Richardson GMP Limited, Pollitt & Co. Inc. and Patrick Bellmore. Each finder's warrant entitles the holder to acquire one unit at $0.15 for a two year period.

Pursuant to Corporate Finance Policy 4.1, Section 1.9(e), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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