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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (15962)	2/17/2016 10:05:25 AM
From: Andrew~	Read Replies (1) \| Respond to of 202700

Newmarket Gold Inc (NMI-T) 52-week high $1.82, volume 3.9M

To: Goose94 who wrote (15962)	2/26/2016 6:45:44 PM
From: Goose94	Read Replies (1) \| Respond to of 202700

Newmarket Gold (NMI-T) Feb 26, '16 is pleased to announce that a total of 4,039,120 common share purchase warrants ("the Warrants") have been exercised at a price of C$1.63 per common share. Proceeds from the exercise of the Warrants were C$6.6M (approximately US$4.9M) and 4,039,120 common shares are to be issued from the Company's treasury. The additional cash will significantly strengthen the Company's balance sheet as it is on track to be essentially debt-free by the end of the first quarter of 2016. Douglas Forster, President & CEO, Newmarket Gold commented: "The combination of proceeds from the warrant exercise of US$4.9 million, the cash on hand as of December 31, 2015 of US$36.5 million and the redemption of all outstanding convertible unsecured debentures by March 30, 2016, has provided Newmarket Gold with an exceptionally strong balance sheet to begin 2016." The Warrants were issued in connection with the Company's public offering of units completed in February 2014, and were to expire on February 27, 2016. As of today, 95% of the outstanding Warrants were exercised. The Company now has a total of 149,797,179 common shares issued and outstanding as of the close of business on February 25, 2016. In addition to the common shares issued on the exercise of the Warrants, total issued and outstanding common shares reflects the issuance of 9,388,795 common shares on the conversion of C$9.6 million in convertible debentures and the exercise of 423,660 stock options by non-insiders, since January 1, 2016. ON BEHALF OF THE BOARD Douglas Forster, M.Sc., P.Geo., President & Chief Executive Officer About Newmarket Gold Inc. Newmarket Gold is a Canadian-listed gold mining and exploration company with three 100% owned operating mines across Australia. The Company is focused on creating substantial shareholder value by maintaining a strong foundation of quality gold production, over 200,000 ounces annually, generating operating cash flow and maintaining a large resource base as it executes a clearly defined gold asset consolidation strategy. The Company is focused on sustainable operating performance, a disciplined approach to growth, and building gold reserves and resources while maintaining the high standards that the Newmarket Gold core values represent. Newmarket Gold, Inc. Laura Lepore Director, Investor Relations 416.847.1847 llepore@newmarketgoldinc.com Newmarket Gold, Inc. Ryan King VP, Corporate Communications 604.559.8040 rking@newmarketgoldinc.com www.newmarketgoldinc.com