Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

NUG.V ·

C Orporation - Nulegacy Grants Stock Options

Share Capital & Compensation

NUG:TSXV//NULGF:OTC

Page 1 of 2

NuLegacy Gold

C ORPORATION

- NULEGACY GRANTS STOCK OPTIONS

September 13th, 2017 - Reno, NV - The Company announces that it has granted incentive

stock options to certain directors, officers, employees and consultants to purchase up to an

aggregate of 7,455,000 common shares at a price of $0.235, being the closing price per share

before the grant, and exercisable for a period of five years. The options are subject to vesting

in 6 equal semi-annual instalments over a period of 36 months commencing with the initial

instalment vesting immediately; this brings the total options established to 9.9% of the post

exercise shares outstanding.

About NuLegacy Gold Corporation: NuLegacy is a Nevada exploration company focus ed 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 i and the Avocado

Carlin-style gold deposits and has identified four more highly prospective exploration targets that are being

drilled this year. NuLegacy’s Red Hill Project is located on trend and adjacentii to 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 gold minesiii.

i An established exploration target of 90- 110 million tonnes of 0.9 to 1.1 grams of gold per tonne. These

figures are conceptual in nature and derived from a compilation of 149 historic and 111 NuLegacy drill holes.

To date, there has been insufficient explora tion to define a mineral resource and it is uncertain if further

exploration will result in the target being delineated as a mineral resource.

ii The similarity and proximity of these deposits in the Cortez Trend is not necessarily indicative of the gold

mineralization in NuLegacy’s Red Hill Project.

iiiAs extracted from Barrick’s Q4-2013 and Q1-2014 reports.

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 Roger Steininger, (CGO) at [email protected] , or Frank Lagiglia

(ICM) at [email protected] or visit www.nulegacygold.com.

Dr. Roger Steininger, NuLegacy’s Chief Geoscience Officer is a Certified Professional Geologist (CPG 7417) and the

qualified person as defined by NI 43- 101, Standards of Disclosure for Mineral Projects responsible for preparing and

reviewing the scientific and technical information contained in this news release

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 and reflect

management’s current expectations and assumptions. Such forward- looking statements reflect management’s current

NUG:TSXV//NULGF:OTC

Page 2 of 2

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 ma terially 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 governmental 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 including our annual management’s discussion and analysis

dated July 25, 2017 for the year ended March 31, 2017. 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.