” Vancouver, British Columbia
NEVGOLD ANNOUNCES UPSIZED $42MM BROKERED PRIVATE
PLACEMENT FINANCING
“NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.”
Vancouver, British Columbia – April 20 , 20 26 – NevGold Corp. (“ NevGold” or the “ Company”)
(TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce today that, due to strong
demand, it has agreed with Clarus Securities Inc. (“Clarus”) as sole Agent and bookrunner (the “Agent”),
to increase the size of its previously announced C$25,000,010 “best efforts” private placement offering.
Pursuant to the upsized deal terms, the Agent has agreed to sell, on a “best efforts” private placement basis
up to 22,223,946 common shares of the Company (the “Shares”) of the Company at a price of C$1.90 per
Share (the “Offering Price”) for aggregate gross proceeds to the Company of up to C$42,225,497.40 (the
“Offering”).
The Company intends to use the net proceeds of the Offering for advancing its Limousine Butte antimony-
gold project (Nevada), Nutmeg Mountain gold project (Idaho), working capital and general corporate
purposes.
The Offering is expected to close on or about May 12, 2026 and is subject to the receipt of all necessary
regulatory and other approvals, including, but not limited to, the approval of the TSX Venture Exchange.
The Common Shares will be subject to a hold p eriod of four months and one day from the closing date in
accordance with applicable securities laws.
The securities referred to in this news release have not been, nor will they be, registered under the United
States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or
for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S.
registration requirements. This release does not constitute an offer for sale of, nor a solicitation for offers
to buy, any securities in the United States. Any public offering of secu rities in the United States must be
made by means of a prospectus containing detailed information about the issuer and its management, as
well as financial statements.
ON BEHALF OF THE BOARD
“Signed”
Brandon Bonifacio, President & CEO
For further information, please contact Brandon Bonifacio at [email protected], call
604-337-4997, or visit our website at www.nev-gold.com.
About the Company
NevGold is an exploration and development company targeting large-scale mineral systems in the
proven districts of Nevada and Idaho. NevGold owns a 100% interest in the Limousine Butte (gold-
antimony) and Cedar Wash (gold) projects in Nevada, and the Nutmeg Mountain (gold) and Zeus
(copper) projects in Idaho.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements
This news release contains forward -looking statements that are based on the Company’s current expectations and
estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate ”, “estimate”, “suggest”, “indicate” and other similar words or statements that
certain events or conditions “may” or “will” occur. Forward-looking statements include, but are not limited to, the
terms of the Offering, the anticipated use of proceeds, the completion of the Offering, and the estimated closing date.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause
actual events or results to differ materially from estimated or anticipated events or results implied or expressed in
such forward-looking statements. Such risks include, but are not limited to, the failure to complete the Offering in the
timeframe and on the terms as anticipated by management, market conditions, and the ability to obtain all necessary
regulatory approvals. There is some risk that the forward-looking statements will not prove to be accurate, that the
management’s assumptions may not be correct or that actual results may differ materially from such forward-looking
statements. Accordingly, readers should not place undue reliance on the forward -looking statements. Any forward-
looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of
new information, future events or results or otherwise. Forward -looking statements are not guarantees of future
performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty
therein.