December 13, 2012

NEMI has declared a dividend on its Class A Common Shares (the “Common Shares”) of Cdn $0.05 per Common Share payable December 31, 2012 to shareholders of record on December 18, 2012.

The Company hereby notifies its shareholders that it will designate the full amount of such dividend as an “eligible dividend” for purposes of the Income Tax Act (Canada).

NNE will begin trading ex-dividend on Friday, December 14, 2012.

Symbol: NNE
Ex-dividend Date: Friday, December 14, 2012
Record Date: Tuesday, December 18, 2012

If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or Email: radhika@cnsx.ca