Nitinat would like to provide an update with respect to its previously announced brokered $2 million private placement. The Corporation anticipates an initial closing of $750,000 on July 12, 2013 through the issuance of 3,750,000 units (the "Units") at a price of $0.20 per Unit. Each Unit is comprised of one (1) common share and one half (1/2) of
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