Nomad Terminates Option Agreement on St. Vincents Bay Project

The Company has reached an agreement with St. Vincents Bay Log Sort Inc. and 0991661 B.C. Ltd. (the “Optionors”) to terminate the Option Agreement dated July 16, 2014, granting an option to Nomad Ventures to acquire a 100% interest in and to the property located at District Lot 4426, St. Vincents Bay, Powell River, BC. Nomad was unable to raise the necessary funds to continue making property payments.

The Company has maintained the Mine Permit, the Barge Ramp and related Equipment and is seeking offers from potential purchasers. Management will continue to seek potential opportunities as they are presented to the Company.

NT3