NuLegacy Gold NuLegacy Provides Update on 15 million Unit PP
NUG:TSXV / NULGF:OTC
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NuLegacy Gold
C O R P O R A T I O N
NuLegacy Provides Update on 15 million Unit PP
~ Directors & Officers participating ~
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES
July 10, 2018 - Reno, NV – Further to its news release of July 5, 2018, NuLegacy Gold announces
that certain directors and officers of the Company have arranged the sale through the facilities of
the TSX Venture Exchange of a total of 2.5 million common shares of the Company from their
personal holdings at a price of $0.20 per share. The proceeds from the sale of shares will be used
to purchase 2.5 million units of the Company’s non-brokered private placement financing of 15
million units at a price of $0.20 per unit to raise C$3.0 million as announced July 5, 2018.
About NuLegacy Gold Corporation : NuLegacy is a Nevada exploration company focused on discovering additional Carlin-
style gold deposits on its premier district scale 98 sq. km (38 sq. mile) Red Hill Project in the prolific Cortez gold trend of
Nevada.
To date NuLegacy has discovered the Iceberg Carlin -style gold deposits and has identified several more highly p rospective
exploration targets that are being drilled this year.
NuLegacy’s Red Hill Project is located on trend and adjacenti to the three multi-million ounce Carlin-type gold deposits (the
Pipeline, Cortez Hills and Goldrush deposits) that are amongst Barrick Gold’s largest, lowest cost and politically safest gol d
minesii.
i The similarity and proximity of these deposits in the Cortez Trend is not necessarily ind icative of the gold mineralization in
NuLegacy’s Red Hill Project.
ii As extracted from Barrick’s Q4-2013 and Q1-2014 reports. As reported by Barrick, the Goldrush resource contains 8,557,000
indicated ounces of gold within 25.78 million tonnes grading ~1 0.57 g/t and 1,650,000 inferred ounces within 5.6 million
tonnes grading ~9.0 g/t.
ON BEHALF OF NULEGACY GOLD CORPORATION
James E Anderson, Chief Executive Officer
For further information, please phone 604-639-3640 or contact James Anderson (CEO) at [email protected], Albert Matter
(Chairman) at [email protected] or Frank Lagiglia (ICM) at [email protected] or visit www.nulegacygold.com.
Derick Unger, NuLegacy’s Chief Geologist is a Certified Professional Geologist (CPG 11927) and the qualified person as
defined by NI 43 -101, Standards of Disclosure for Mineral Projects responsible for approving the scientific and technical
information contained in this news release.
NUG:TSXV / NULGF:OTC
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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 news release.
This news release contains forward-looking statements, which relate to future events or future performance (including, but not limited to, the
financing and the participation of certain directors and officers therein) and reflect management’s current expectations and assumptions.
Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently
available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject
to risks and uncertainties that may cause future results to differ materially from those expected including, but not limited to, actual results of
exploration activities, environmental risks, future prices of gold, operating risks, accidents, labor issues, delays in obtaining governm ental
approvals and permits, availability of financing and other risks in the mining industry. There are no known resources or reserves in the Red
Hill Project and the proposed exploration programs are exploratory searches for commercial bodies of ore. In addition, the presence of gold
deposits on properties adjacent or near the Red Hill Project is not necessarily indicative of the gold mineralization on the Red Hill Project.
All the forward -looking statements made in this news release are qualified by these cautionary statements and those in our continuous
disclosure filings available on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and the Company
does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities
legislation.
THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO
U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE
AN OFFER TO SELL SECURITIES AND THE COMPANY IS NOT SOLICITING AN OFFER TO BUY THE
SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY
NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR
EXEMPT THEREFROM.