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Published on 9/25/2008 in the Prospect News PIPE Daily.

New Issue: Nuinsco completes C$1 million private placement of shares

By Devika Patel

Knoxville, Tenn., Sept. 25 - Nuinsco Resources Ltd. said it settled a non-brokered private placement of stock for C$1 million.

The company sold 4,348,000 flow-through common shares at C$0.23 per share.

Based in Toronto, Nuinsco is a mineral exploration company focused on nickel, uranium, copper, zinc and gold.

Issuer:Nuinsco Resources Ltd.
Issue:Flow-through common shares
Amount:C$1 million
Shares:4,348,000
Price:C$0.23
Warrants:No
Settlement date:Sept. 25
Stock symbol:Toronto: NWI
Stock price:C$0.195 at close Sept. 25

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