NV Gold Announces Amended Triple T Property Lease Agreement
NV Gold Announces Amended Triple T Property Lease
Agreement
VANCOUVER, BC / ACCESSWIRE / June 10, 2024 / NV Gold Corporation
(TSXV:NVX)(OTCQB:NVGLF)(FSE:8NV) ("NV Gold" or the "Company") announces that
the Company has reached an agreement (the "Amendment") to amend the terms of the
exploration and mining lease agreement dated June 21, 2021 between the Company's wholly-
owned subsidiary, NV Gold Corporation (USA), Inc. ("NV Gold USA") and the owners of the
Triple T property, pursuant to which the Company has the exclusive right to explore on and
evaluate the Triple T Property in Pershing County, Nevada (the "Agreement"). Pursuant to the
Amendment, the Company has agreed to issue an aggregate of 100,000 common shares of the
Company (the "Payment Shares") at a price of C$0.30 per Payment Share to settle an annual
payment of US$30,000 payable by NV Gold USA under the Agreement.
The issuance of the Payment Shares is subject to TSX Venture Exchange approval. The Payment
Shares will be subject to a statutory hold period of four months from the date of issuance, in
accordance with applicable securities legislation.
About NV Gold Corporation
NV Gold owns 100% interest in 21 mineral exploration projects in Nevada, USA, comprising
639 mining claims totaling 53.4 square kilometers (20.6 square miles). The Company is based in
Vancouver, British Columbia, and is focused on delivering value through mineral discoveries in
Nevada. Leveraging its expansive property portfolio, its highly experienced in-house technical
team, its extensive geological data library, and the recent increase in the price of gold, 2024 is
expected to be highly productive for NV Gold.
On behalf of the Board of Directors,
John Watson, President, Chairman, CEO and Director
For further information, visit the Company's website at www.nvgoldcorp.com or contact:
Freeform Communications at 604.245.0054
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.
Cautionary Statements Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking
information within the meaning of applicable Canadian securities laws. Forward-looking
statements relate to future events or future performance and reflect the expectations or beliefs of
management of the Company regarding future events. Generally, forward-looking statements
and information can be identified by the use of forward-looking terminology such as "intends" or
"anticipates", or variations of such words and phrases or statements that certain actions, events
or results "may", "could", "should", "would" or "occur". This information and these statements,
referred to herein as "forward‐looking statements", are not historical facts, are made as of the
date of this news release and include without limitation, the Amendment and issuance of the
Payment Shares. Accordingly, readers should not place undue reliance on the forward-looking
statements and information contained in this news release. Readers are cautioned that the
foregoing list of factors is not exhaustive.
In making the forward-looking statements in this news release, the Company has applied certain
material assumptions, including without limitation, that the Company will receive the necessary
regulatory approval of the Amendment and issuance of the Payment Shares.
These forward‐looking statements involve numerous risks and uncertainties and actual results
might differ materially from results suggested in any forward-looking statements. These risks
and uncertainties include, among other things, that the Company will not receive the necessary
regulatory approval of the Amendment and issuance of the Payment Shares.
Although management of the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in forward-looking statements or
forward-looking information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will prove to
be accurate, as actual results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on forward-looking
statements and forward-looking information. Readers are cautioned that reliance on such
information may not be appropriate for other purposes. The Company does not undertake to
update any forward-looking statement, forward-looking information or financial out-look that
are incorporated by reference herein, except in accordance with applicable securities laws. We
seek safe harbor.
SOURCE: NV Gold Corporation